Compare Merchant Cash Advance UK

//Compare Merchant Cash Advance UK

Compare Merchant Cash Advance UK

Compare Merchant Cash Advance UK – Save up-to 20% using our service

What is a merchant cash advance?

Compare Merchant cash advance UK is a innovative products in alternative business finance but we compare the right merchant cash advance for your business, saving you time and effort. Business Cash Advance has only existed for a few years in the UK, but it’s already proving very popular with retail businesses and the hospitality sector. Compare merchant cash advance UK uses your card terminal to ‘secure’ lending — perfect for businesses without many assets, but who have a good volume of card transactions every month. Repayments are then taken as a proportion of your revenue, making it a quick and easy funding solution for many SMEs.

A merchant cash advance UK is an unsecured finance option that is generally short term and quite flexible. It is used for cash flow management, growth, refurbishment or purchasing stock.

Loans are offered with an agreed total amount repayable. This figure is based on your business’ annual revenue to ensure repayments are manageable and you only pay as you earn. With a merchant cash advance, repayments are generally taken as a fixed percentage of revenue through PDQ terminal payments.

This type of finance suits any business that regularly use PDQ card payment transactions, such as those in retail or hospitality. Repayment time is dependant greatly on the amount of revenue you earn – making APR comparison difficult.

The amount you can borrow will be based on your revenue, but generally you can borrow anything up to £150,000. Unlike most loan solutions, the repayment amount is decided upon beforehand – for instance, for a £10,000 loan could have an agreed repayment of £12,500, and the amount of time this takes to pay back will depend on your revenue.

Compare merchant cash advance will save you up-to 20% by using our service, every funder is different, most are set to different sectors, some like retail, some like hospitality. As a leading merchant cash advance broker we get preferential rates that will save you up to 20% on your business cash advance.

We will work with you to find the best funding solution to fit your business, time to repay, cost and customer satisfaction let us compare merchant cash advance UK on your behalf. Please feel free to contact the compare merchant cash advance UK team should you need more information.

By | 2018-03-30T20:19:18+00:00 February 22nd, 2018|Merchant Cash Advance|0 Comments

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