Merchant Cash Advances
for UK Businesses

The provider assesses qualifying card receipts, trading history, existing finance and affordability. Start with a costed requirement. An advertised maximum or one month’s turnover does not establish your offer.

Minimum trading periods vary by provider and product. Prepare recent bank and merchant statements so the provider can assess a genuine sales record. A business without trading receipts needs a different funding assessment.

Some providers may consider adverse credit alongside current trading, but acceptance is not guaranteed. Explain the issue and existing commitments. Ask what checks and guarantees are required before applying.

Search and reporting practices vary. Ask which company or personal checks take place, whether they are soft or hard searches, and how the facility or arrears may be reported. See our personal credit guide.

Timing depends on complete documents, provider assessment, acceptance and completion checks. An initial quote is not a guarantee of approval or payment. Confirm funding before committing to a supplier deadline.

A percentage-based collection normally falls when qualifying receipts fall. The total commitment remains. Check minimum payment, reconciliation and default conditions, including what happens during a temporary closure.

The duration depends on sales and the agreement. Higher eligible sales can clear the balance sooner; weaker sales can extend the collection period. Ask about estimated duration, contractual deadlines and minimum payment obligations.

No. The collection percentage determines how much is taken from eligible sales. The funding fee determines the cost of the advance. Compare net funds received, all charges and the total amount payable. Read our cash advance costs guide.

Ask for a written settlement figure. A fixed funding fee may remain payable even when the balance is cleared early. Check whether extra payments are allowed and whether any discount or charge applies.

It depends on compatibility with the proposed facility. Explain your terminals, processors and settlement accounts before applying. Check any processing contract changes and fees separately from the finance cost.

They may qualify where the provider accepts the payment route and can verify the receipts. Identify all platforms and locations and confirm which transactions count. See our ecommerce funding page and Shopify funding guide.

A conventional card-sales advance needs qualifying card receipts. Cash and invoice receipts do not automatically count towards that calculation. Explain how customers pay and compare business loan options if card takings are limited.

No. A facility without a charge over a particular asset can still require a personal guarantee. Read its scope and consider independent advice before agreeing to personal liability.

Further funding requires assessment and is not automatic. Disclose existing advances and check restrictions on additional borrowing. Compare the new total payable and the combined deductions from sales.

Contact the provider promptly and explain the situation. A closure does not automatically cancel the balance or a guarantee. Review the contract and seek independent support before taking on additional debt.

No. The contractual structure, pricing and collections can differ. Compare actual offers rather than product names, including costs, repayment dates and personal obligations. See cash advances versus business loans.

Do not assume a provider’s FCA status means every facility has the same protections. The firm, activity and actual agreement matter. Check these before accepting; our UK regulation guide explains the questions to ask.

PDQ Funding is a broker, not a lender. We do not charge for using our brokerage service and receive lender commission following a successful introduction. The provider decides the offer and terms; you do not have to accept.