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Merchant Cash Advance

Business funding for future card machine payments

  • Access £10k to £500k
  • Funding in as little as 48 hours
  • Instant cash injection
  • Flexible repayments based on your card sales with no minimum monthly repayment
  • Merchant cash advance loans paid back as a percentage of future card transactions
  • Get up to 150% of your monthly card turnover
  • Funding can be used for any business purpose!
  • Apply in minutes!

Why work with us?

  • We have an experienced team of merchant cash advance funding experts
  • We have access to a broad variety of lenders who understand the sector
  • Funding available for most legitimate business purposes
  • We can get merchant cash advance loans approved quickly
  • We only charge a fee if we can secure your business the funding you need

 What is a Merchant Cash Advance?

 

A Merchant Cash Advance, which can also be known as a Business Cash Advance or a PDQ loan, is a flexible business finance facility, which is used by businesses that receive payments from their customers by debit or credit card.

This facility allows a business to borrow with the funds ‘secured’ against future card payments. This makes Merchant cash advance’s ideal for businesses who receive payments via a healthy volume of card transactions each month as repayments are taken as a percentage of future card revenues. Merchant cash advance loans are quick and easy to arrange and increasing numbers of SMEs find this a convenient way to assist with cash flow.

Merchant cash advances have quickly been recognised as one of the most innovative and effective products in the alternative finance world since they were launched a few years ago.

Retail businesses and other sectors such as hospitality and leisure are among those best suited to them, and Merchant cash advance loans are especially popular in those sectors.

 

How does a Merchant Cash Advance work?

 

A Merchant Cash Advance allows a business to borrow capital with flexible repayments via a percentage of future debit and credit card payments. Each time a business processes a sale through the card terminal, a pre-agreed percentage of the revenue from the sale will be used to repay the advance.

 

What is the application process?

 

  1. An initial discussion with a Funding Specialist at Newable Finance
  2. You will provide us with your documentation
  3. Lender approval issued in as little as 2 days
  4. Finance documents signed & Funds are released
  5. Flexible daily repayments – the lender gets paid when you get paid

 

Is my business eligible for a Merchant Cash Advance?

 

To qualify for a Merchant Cash Advance, you must be a UK business, have been trading for 6 months or more and receive a minimum monthly income via your card terminal of £5k.

 

What are the downsides to Merchant Cash Advances?

 

This type of funding is not suitable for all businesses. If your business does not receive payments via a card merchant terminal, you will unfortunately not be eligible.

However, we work with a varied panel of lenders and this means that we can access the most appropriate cash flow solution for your business. Other finance solutions include, but not limited to:

  • Unsecured Loans – allowing a quick boost to your business cash flow
  • Asset Finance – enabling you to spread the cost of expensive equipment, or to release the capital that is tied up in equipment you already own
  • Commercial Mortgages / Secured loans – we can find you a great deal secured against property assets for investment into your business

Whatever your requirements, we take the stress and hassle out of finding the right finance solution for your retail business.

Get started now and one of our funding experts will get in touch to discuss your options.

Newable Commercial Finance Limited trading as Newable Finance is registered in England and Wales. Registration number: 07474588. Newable Commercial Finance is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register www.fca.org.uk/register FRN 723703 | Data Protection number: Z6663758. Newable Commercial Finance is a finance broker, not a lender. Not all products offered by Newable Commercial Finance are regulated by the Financial Conduct Authority

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