A Business Cash Advance allows you to borrow against your future credit card sales helping to support your cashflow, purchases and other business needs.
Borrow up to £100k for any purpose. We accept all businesses from startup to established.
Your business must accept card payments and do at least £1000 a month in customer card sales.
The finance is payed back from a small % of your future customer card transactions.
The Business Cash Advance is the UK’s most exciting funding solution! It provides a quick cash injection of up to £100,000 into your business for any purpose within 1-5 days.
The greatest thing about this funding option is that repayments are collected as a percentage of future card sales which means you get the money you need now but only pay back as and when you make sales from your PDQ card terminal machine. There are no set payback times, late payments or penalties and the amount you owe never goes up so there are no surprises. We have over a 90% approval rate and have helped many, many businesses throughout the UK.
A percentage payback amount of your future card sales is agreed - always a figure that is comfortable for you and your cashflow, the monies are released into your business bank account, then for every card sale that is made on your card terminal machine the agreed amount is paid back on the advance.
If you have a slow month on sales then the amount you pay back is inline with your sales which means you pay back less which is comforting to know. Especially with other types of loans or finance when there is a fixed monthly payment regardless of your sales fluctuation. If you have a good month then the advance is repaid quicker - simple!
All your cash sales are not taken into account on the payback terms. It’s the perfect unsecured finance option for all small and SME UK businesses who use a card machine and accept card payments. The government have praised alternative business lending such as crowdfunding (for start-ups) and business cash advance funding (for existing businesses over 3 months old) noting that they are a critical component for funding small businesses in the UK.
Problems in the past have been caused by the high street banks who have not lent to small businesses due to their own financial constraints thus creating an alternative source of funding. A business cash advance is an innovative finance solution that is literally helping small business thrive. Unlike a loan, it works around what suits, if you say what percentage of your card sales you are comfortable with being deducting every day the cash advance can be tailored around the finance to suit your requirements.
Every time you create £100 on your card machine, the repayment will be a small comfortable figure. That way you get know exactly where you are every day without worrying about a big direct debit at the end of the month.
Rather than tying your business into a traditional loan product with five years of repayments, wouldn’t it suit your business better to have quick, hassle free injection that can be cleared in the next 6-9 months? You can then take funds again when you need them.
No need to change your PDQ, no changing bank account, no lengthy forms or lengthy waits - just funds quickly when you want them - for whatever you want. Finally, the process is hassle free and we look after you at each step of the way - applying is FREE to get an approval and even if you have poor credit history there is a flexible credit team to help.
Apply now to get your FREE no obligation quick quote today!GET QUICK QUOTE
Why choose a Business Cash Advance?
We can help all businesses, big or small, who use a credit card terminal. Here is a selection of businesses that could benefit from using a Business Cash Advance.
Pubs & Bars
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Each business is different and that's the same with the Business Cash Advance product. The cost will be bespoke to your business performance and affordability.
Avg. Daily Cost*£110
Payback Term170 days
* An average daily figure includes total cost of loan. Daily pay back amounts can change based on your business performance, if sales are high you pay back more, if they're less you pay back less.
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Business Cash Advance specialiases in financial solutions for SME's.
Before you contact us, please make sure you have checked out our Customer Support Area. If you can't locate what you are looking for then please contact us using the details below. - The BCA Team
Our team is available to respond to enquiries Monday to Friday 9am - 5pm.