Merchant Cash Advance – Turn your future card sales into cash today!
If your Business is a bar, restaurant, retail or even if it just has strong card transaction sales averaging 3.5k per month, Merchant Cash Advance is for you. It's a convenient, flexible means of raising extra funds for businesses without stretching other financial commitments. This extra cash flow could be used for refurbishing, marketing, expansions, to buy more stock, training and new equipment or anything your business requires.
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. The percentage of each sale is agreed beforehand. There are no fixed monthly repayments or hidden fees, just one single all-inclusive cost added to the cash advance.
Merchant cash advance helps with future cash flow as you only pay back as you sell to your customers, so if your card payments are down your repayments are lower for that period. This is a quick and easy way to obtain cash fast, as the repayments are being taken from your card transactions you cannot default or lose track and it will all be set up for you.
Essentially, you are receiving a cash advance on your business credit or debit card sales which means a more efficient way of borrowing money.
Some Advantages of Merchant Cash Advance:
- No fixed terms- flexible repayments depending on your sales and business performance.
- No business plans- less stress and less paperwork for you.
- No security needed- people with no collateral can apply.
- No late fees- all-inclusive clear fees agreed in advance.
- If you have bad credit- that’s no problem, you can apply.
- Quick Approval- in most cases 3 to 5 working days.
- The size of the advance available- The size of advance grows with your business.
Give Konnect Financial a call at 0333 011 2208 or fill our contact us form or just send us an email at email@example.com to discuss this option for your business.
Not suitable for you at the moment? Why not look at our other services -
- Working Capital Loan
- Unsecured Short Term Business Loan
- Bridging Loans
- Invoice Finance Loans
- Secured Business Loans
- Asset Finance
- Point of Sale Finance
- Debt Consolidation