Business Cash Advance 2018-10-15T10:49:05+00:00

Business Cash Advance

Business Cash Advance is an alternative funding solution for UK business that take card payments. Business funding for any purpose, calculated on your card takings. Borrow up to 100% of your future monthly card receipts, Business Cash Advances from £3,000 to £200,000.

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Business Cash Advance

Business Cash Advance from PDQ Funding is an alternative funding solution, also known as a merchant cash advance is a type of unsecured business finance. They are generally a short-term and flexible form of borrowing designed to inject working capital into a business quickly with repayments up to 18 months.

As a business funding product, it is unlike any other form of business borrowing and uses your future card receipts and repayments are made automatically through your takings.

The financial flexibility offered through a business cash advance is often highly beneficial to business owners. The finance stain during quieter seasonal periods is no longer a problem with your agreed repayments always staying in line with the cash flow of the business.

You keep all of your non-card income, so cash sales, and monthly invoicing are not used as payments. Meaning you don’t have to make any payments on top of the agreed card payments.

Business Cash Advance, How Will It Benefit My Business?

Business cash advances are a cash flow funding solution, these can be used to purchase stock or fund the growth of the business. If your company needs a capital injection, a merchant cash advance can be ideal.

This funding solution can usually be completed quickly usually in 48 hours, meaning you can react quickly to any unexpected expenses or opportunities. The improvement in cash flow can will make the funding of the business more streamlined and profitable.

business cash advance

How Much Can I Borrow?

Business cash advances from PDQ Funding have a funding limit of between £3,000 and £200,000. These amounts are dependent on your business needs and circumstances.

We are usually able to confirm your maximum borrowing capacity within one hour of your initial conversation. Our cash advance advisers will answer any of your questions you may have on the funding product.

How Much Will It Cost?

Business cash advances are generally offered with an agreed repayment amount upfront. Typically an cash advance of £20,000 could have an agreed repayment of £24,000. The amount of time taken to repay the money is less clear, with repayments linked to your revenue.

This can make an APR comparison slightly tricky but is counterbalanced by the certainty of cost upfront.

Repayments are generally set as a fixed percentage of revenue through PDQ terminal (card terminal) payments. This means we need the use of PDQ systems for raising this type of finance. Therefore you must take card payments for this type of alternative business funding.

Reasons to choose a PDQ Funding Business Cash Advance

  • Flexibility Each business is unique to us, and that’s why we don’t believe in ‘one size fits all’. We offer a broad range of business funding products which we can tailored to each business. If the cash advance isn’t the right product for your your business, there is more we can offer.
  • Personal & Convenience Our aim is to make your business grow. Detailed business plans are not needed for a business cash advance.
  • Fast decisions  We can guarantee a 24-hour approval, but this is all down to how fast you work with us.

How Can I Get A Business Cash Advance?

It is really simple to get a Business Cash Advance from PDQ Funding. Basically you need to have been trading for at least 6 months, and have taken card payments of over £3,000 per month.  Sole Traders, Partnerships and Limited Companies are welcome to apply for a cash advance.

Complete the online enquiry on our website and a Business Cash Advance expert will contact you by return.