FAQs
Frequently Asked Questions
Find answers to common questions about our merchant cash advance product.
You’ll receive monthly statements to keep you informed of your repayment progress.
Applying is easy! Just click the “Apply Now” button on our website to access the quick and straightforward application form.
While some lenders may conduct a credit check, each application is assessed individually.
You can use the funds for any purpose, including stock purchases or business premises refurbishment.
While your company needs to have been trading for at least 3 months, we’ll do our best to assist you.
Repayment timeframes vary based on your business performance. Typically, it’s 6 to 9 months, but can be as short as 4 months or as long as 18 months.
No, it’s an unsecured product, keeping your assets safe.
The time varies depending on how quickly you provide the necessary information. On average, funds reach your account within 5 days of application, and in some cases, even within 24 hours.
Yes, a credit/debit card terminal is required for repayment. The provider deducts a small percentage from future card sales.
Discover your borrowing potential by applying now. Loan amounts range from £5,000 to £1,000,000, based on your monthly card takings.
Ideally, your business should have been trading for at least 3 months and have a monthly card sales turnover of over £3,000. We strive to find solutions even if you don’t meet these criteria.
Pricing is unique to each business. You agree on a fixed percentage of your future card sales upfront, ensuring clear and simple costs.
No, there are no fixed monthly payments. It’s not a traditional loan, and there’s no fixed term or APR. You only repay a small percentage of your future card sales.