Apply in Minutes
Tell us about your business, typical card turnover and how much funding you need.
MERCHANT CASH ADVANCES
Funding that moves
with your sales.
A merchant cash advance gives eligible UK businesses access to working capital based on card takings. Repay an agreed percentage of qualifying card sales, so collections can adjust as your business trades.
PDQ Funding is a broker, not a lender. Funding is subject to provider assessment and terms.
AT A GLANCE
Funding linked to card takings
- Repay an agreed percentage of eligible card sales
- Collections vary with trading activity
- Review the total repayment amount upfront
- Funding subject to provider assessment
PDQ Funding is a business finance broker, not a direct lender.
FUNDING THROUGH YOUR CARD SALES
What is a Merchant Loan?
A merchant loan, also known as a merchant cash advance or card terminal loan, is a funding option for eligible businesses that accept card payments. Funding is assessed against your trading history and card sales.
Instead of fixed monthly loan instalments, an agreed percentage of qualifying credit and debit card sales is typically collected towards the advance. This means the amount collected can vary with your trading activity.
Merchant funding may help with stock purchases, equipment, refurbishments or working capital. The amount available and terms offered depend on the provider and your business circumstances.
PDQ Funding is a business finance broker. We help you explore options and understand the total repayment amount, collection percentage and other important terms before you decide.
Talk to PDQ Funding →3 steps to help with the growth of your venture
An Alternative Funding Solution for SMEs in the UK
Access £5,000 – £200,000 in as little as 24 hours, subject to approval
HOW REPAYMENTS WORK
How does a merchant cash advance work?
A straightforward way to understand how an advance is repaid through future card takings, with collections linked to eligible sales rather than a fixed monthly instalment.
Funding today. Repayments linked to tomorrow’s sales.
01
Agree the funding terms
The provider assesses your card turnover and trading history, then sets out the advance amount, total repayment and collection percentage for you to review.
02
Receive your advance
If approved and you accept the terms, the funding is paid to your business bank account. The timing depends on the provider and your circumstances.
03
Repay as customers pay by card
An agreed percentage of qualifying card transactions is collected towards the amount owed. Collections can rise or fall as eligible card sales change.
ILLUSTRATIVE TRANSACTION£100
Customer pays by card
↗
10% collection£10Towards the advance
✓
Remaining card proceeds£90For your business, before processing fees
This example illustrates a 10% collection rate on one eligible £100 transaction. It is not a quotation or a statement of total borrowing costs.
What happens when sales change?
Higher qualifying card sales generally mean larger collections; lower qualifying sales generally mean smaller collections. The time taken to repay may therefore vary. The total repayment, any charges and collection arrangements are set out in the provider’s agreement.
WHY BUSINESSES CONSIDER IT
Potential benefits of a merchant cash advance
Funding designed around card-based trading, giving eligible businesses another way to manage cash flow and invest in growth.
✓
Sales-linked collections
Collections generally vary with qualifying card sales rather than a fixed monthly instalment.
✓
Practical working capital
Use funding towards stock, equipment, premises improvements or everyday business costs.
✓
Explore your funding options →Clear terms before you decide
Review the advance amount, total repayment and collection percentage before accepting an offer.
BUSINESS FUNDING THAT FITS YOUR TRADING
Business Cash Advance Advantages
For businesses taking regular credit and debit card payments, a merchant cash advance can provide an alternative to conventional borrowing. The amount offered and repayment arrangements depend on the provider’s assessment and your trading history.
✓
Funding based on card sales
Providers assess eligible card takings and business performance when considering an advance.
✓
Collections linked to trading
An agreed percentage of qualifying card transactions goes towards the amount to be repaid.
✓
Support for business priorities
Funding may be used for stock, equipment, improvements or short-term working capital.
✓
Clear offer terms
Review the total repayment amount and collection percentage before accepting an offer.
✓
Options for established SMEs
Eligible UK businesses with a card payment history may have funding options to explore.
✓
Broker support throughout
PDQ Funding can help explain available options and what information a provider may need.
All funding is subject to provider criteria, checks and approval. Collections reduce the money available from card sales, so consider the impact on cash flow and review the agreement carefully.
Discuss your funding options →ELIGIBILITY & REQUIREMENTS
Qualifying Criteria for a Merchant Loan Advance
Merchant cash advances are designed for established UK businesses that accept credit or debit card payments. Each provider has its own eligibility requirements.
✓
UK-based businessTrading in the UK with an active business bank account.
✓
Accept card paymentsRegular credit or debit card takings that a provider can assess.
✓
Established trading historySome providers look for at least six months of trading, although criteria vary.
✓
Consistent card turnoverProviders review monthly sales volumes and existing financial commitments.
Credit checks may be required. Eligibility, minimum turnover and approval are subject to the individual provider’s criteria.
A QUICK FIRST STEP
Tell us about your business.
Share a few details to explore your options. No commitment to proceed.
YOUR QUESTIONS ANSWERED
Merchant loan FAQs
Understand how merchant cash advances work, what lenders assess and what to check before accepting an offer.
Ask about your funding optionsWhat is a merchant loan?
A merchant loan, often called a merchant cash advance, provides funding linked to a business’s future eligible card sales. The agreed collection percentage and total amount to repay are set out in the provider’s offer.
How are repayments collected?
A provider typically collects an agreed percentage of qualifying debit and credit card sales. Collections generally rise or fall with eligible card turnover, rather than being a fixed monthly instalment.
How much could my business qualify for?
The amount depends on factors such as trading history, card sales, cash flow and existing commitments. Each provider has its own criteria, and funding is subject to assessment.
How quickly can funding be arranged?
Timescales vary depending on the provider, the information supplied and the assessment required. Funding is not guaranteed within a particular period.
Will I need to provide security?
Some merchant cash advances do not require property security, but providers may request other assurances or guarantees. Check the specific terms before proceeding.
What costs and risks should I consider?
Review the total repayment amount, collection percentage, fees and any guarantees. Collections reduce the card revenue available to your business, and lower sales may extend the time needed to repay. Compare alternatives before deciding.
TAKE THE NEXT STEP
Ready to explore funding for your business?
Tell us what you need and we’ll help you explore merchant funding options suited to your trading activity. No obligation to proceed.
✓ UK business funding specialists✓ Options subject to lender assessment
Get a quick quote PDQ Funding is a business finance broker, not a direct lender.