Borrow up to £250k for any business purpose.
Your business must take 3k+ in average monthly card sales.
You repay a small percentage of your card sales.
The Merchant Cash Advance is the UK’s most exciting funding solution! It provides a quick cash injection of up to £250,000 into your business for any purpose within 5-10 days.
The greatest thing about this funding option is that repayments are collected as a percentage of future card sales which means you get the money you need now but only pay back as and when you make sales from your PDQ card terminal machine. There are no set payback times, late payment charges or penalties and the amount you owe never goes up so there are no surprises. We have over a 90% approval rate and have helped many, many businesses throughout the UK.
Repayments flow inline with your takings - if you have a slow month, then the amount you pay back is a percentage of those takings - comforting to know! Especially compared with other types of loans or finance when there is a fixed monthly payment regardless of your sales fluctuation. If you have a good month then the advance is repaid quicker - simple!
Why choose a Merchant Cash Advance?
We can help all businesses, big or small, who use a credit card terminal. Here is a selection of businesses that could benefit from using a Merchant Cash Advance.
Pubs and Bars
Hairdressers and Beauty Salons
Hotels and B&B’s
Coffee Shops and Café's
Retail Stores and Online Stores
Auto Service Centres
Apply in minutes
Each business is different and that's the same with the Merchant Cash Advance product. The cost will be bespoke to your business performance and affordability.
If you can't find what you are looking for or need help then please contact our team here
Funding Now specialiases in financial solutions for SME's.
Before you contact us, please make sure you have checked out our Customer Support Area. If you can't locate what you are looking for then please contact us using the details below. - The Funding Now Team
Our team is available to respond to enquiries Monday to Friday 9am - 5pm.