What is a Merchant Cash Advance?
A Merchant Cash Advance (MCA) is an innovative financial tool designed specifically for businesses that process a significant portion of their revenue through credit and debit card payments. Instead of a traditional loan with fixed monthly installments, an MCA provides an upfront lump sum of capital in exchange for a small, agreed-upon percentage of your future card transactions.
The beauty of this facility lies in its flexibility. Repayments are directly tied to your sales performance; during periods of high turnover, you repay more, while during quieter spells, your repayment amounts decrease accordingly. With no fixed terms and no interest—just a one-off factor fee—it offers SMEs a non-intrusive way to manage cash flow and invest in growth without the burden of rigid bank debt.
Advantages of a Merchant Cash Advance
Unmatched Funding Speed
Access the capital you need in as little as 24-48 hours. Our streamlined application process bypasses the red tape of traditional bank lending.
Repayment Flexibility
Repayments automatically adjust to your sales volume. During slower months, your payments decrease, preserving your cash flow.
No Collateral Needed
Assessments based on your future revenue rather than hard assets, meaning no property or business assets are used as security.
Simplified Funding Process
01
Apply Online: Complete our straightforward 5-minute application form and upload your recent card processing statements safely.
02
Underwriting Review: Our specialist team review your business performance and average monthly card sales to verify eligibility.
03
Receive Tailored Offer: Review your personalised quote with transparent terms and flexible repayments that fluctuate with your daily revenue.
04
Fast Funding: Once approved and documents signed, the capital is typically transferred to your business account within 24 to 48 hours.
Minimum Eligibility Requirements
• Your business has been trading for a minimum of 4 months.
• You process at least £2,500 in monthly card transactions.
• Your business is registered in the UK as a Limited Company or Sole Trader.
• All business owners are UK residents aged 18 or older.
Merchant Cash Advance FAQs
What exactly is a Merchant Cash Advance?
A Merchant Cash Advance (MCA) is a financial solution where a business receive an upfront lump sum in exchange for a percentage of its future credit and debit card sales. Unlike a traditional loan, there are no fixed monthly payments; instead, the advance is repaid automatically as a slice of your daily takings.
How do repayments work if sales are slow?
The repayment structure is designed to follow your cash flow. Because repayments are tied to a percentage of your daily card sales, they naturally decrease during quieter periods. This ensures that the funding never puts undue pressure on your business operations during lean months.
What can I use the funding for?
The funds are completely at your discretion. Most SMEs use them for purchasing inventory, funding shop renovations, bridge financing for seasonal dips, or investing in new marketing campaigns. There are no restrictions on how the capital supports your business growth.
What are the eligibility requirements?
Eligibility is primarily based on your cards taking history. Typically, businesses that have been operating for at least 3-6 months and process a minimum of £3,500 in monthly card sales are prime candidates. We focus on your current turnover rather than just your historical credit score.
How fast can I receive the cash?
MCAs are known for their speed. The application process is streamlined with minimal paperwork required. Once your application is approved, funds are often disbursed and available in your business bank account in as little as 24 to 48 hours.