Is your business ready to move to the next level?
Do you want to upgrade to new stock, refurbish your business premises, pay an unexpected bill or simply improve your cashflow?
Here's what you do
1. Decide an amount – anywhere from £2,500 – £300,000 based on your card takings history.
2. Agree on one upfront cost. No hidden charges, no interest fees.
3. Payback the cash advance at the pre-agreed percentage of your card payments.
Rather than a loan, we offer unsecured funding by purchasing a portion of your future card sales .
Merchant Cash Advance, a smarter money management option, provides flexibility not only catering for your existing requirements but for your future needs. This means you can scale your business your way and because you’re not tied to any fixed amount, you repay less when things are slow and more when business is flourishing.
Eligibility is simple; based on your card sales history, your business can access finance equalling its average monthly turnover of credit card transactions. Unsecured funding means you won’t need to use an asset such as a property to secure against borrowing.
There are no interest charges, no hidden fees, no need for a perfect credit score, and because it’s not a loan, your credit score will not be affected.
Higher approval rates than the bank and a pre-approved decision is made on average within 24hrs.
Contactless Pay can provide an up-front cash injection for your business simply by arranging the purchase of future debit and credit card transactions. You choose the amount you need – anything from £2,500 to £300,000 based on your card takings history.
The cash advance is paid back to the purchaser at a mutually-agreed percentage of your daily receipts (up to 20%).
There are no interest payments and no hidden charges just one fixed cost which is agreed up-front. Better still, you don’t need a perfect credit score to be approved, and because it’s not a loan, your credit score will not be affected.
A Merchant Cash Advance is an extremely competitive product in the market place. The streamlined qualification process could hardly be easier.
Cash advance allows for added flexibility and a safety net
It’s not a loan so your credit score won’t be affected
No credit checks gives you a fair chance of getting an advance
