Merchant Cash Advance UK turns future card sales into cash today!
It's a convenient, flexible means of raising funds for businesses that use credit and/or debit cards and is tailor-made for retailers and those in the hospitality and leisure sector
You simply use the future revenue of card sales to obtain an unsecured business loan which is repaid through an agreed percentage of future transactions. So, no fixed amounts and repayments accurately reflect your cashflow.
The merchant cash advance will provide new opportunities to open a new store, buy extra stock or even increase your marketing or advertising activities. You might apply for the merchant cash advance UK to simply boost cash flow which would otherwise be difficult to achieve.
The merchant cash advance is paid back on every future credit or debit card transaction which you take from your customers. A fixed percentage of each sale is agreed beforehand and the process is repeated until you pay the repayment amount of the advance back in full. Essentially, you are receiving a cash advance on your business credit or debit card sales which means a more efficient way of borrowing money.
There's no need to produce a business plan or a forecast and there's
> No security required
> No fixed repayment value
> No repayment dates
> No fixed term agreement and
> No penalties