There are two easy questions you can answer to know whether you qualify for our alternative to convenience store loans:
Our merchant cash advance is a flexible finance option to business loans for convenience stores that allows you to access up to £300,000 in working capital to help operate and expand your business.
You simply repay the advance through a fixed percentage of your debit and credit card sales. There’s no need to worry about admin charges, late fees, and interest payments, making it easy for you to access capital without the common pitfalls associated with traditional convenience store loans.
Once you receive funding approval, you can use your funds to:
Our merchant cash advance is designed as a flexible funding alternative to convenience store loans, allowing small business owners to access up to £300,000 in unsecured funding.
When you apply, a dedicated funding advisor will be assigned to you, to help you through the funding application. You’ll receive a funding decision within 24 hours and, if your application is successful, funds will be deposited into your business’ bank account within a few days. In return, you’ll pay back the advance through a small percentage of your future debit and credit card sales until the amount is fully repaid.
You don’t need to worry about fixed terms or interest charges. Instead, repayments are taken from a small percentage of your future debit and credit card sales. This means repayments mirror the ups and downs of your business — when you have a quiet period, you simply repay less, and when business picks up, you repay more.
There’s no APR as there is no fixed fee, just one all-inclusive cost that’s agreed on at the start, which never changes.
Revenue is consistently increasing every quarter and your customers keep coming back. What should you do next?
We've seen a growing trend in the use of merchant cash advances by independent restaurants as a means to keep ahead of the competition and grow their business.
Barbers, beauty salons, vape stores, cafes and tearooms, along with restaurants and bars are the fastest growing retail sectors in the UK.