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BUSINESS CASH ADVANCE
A quicker alternative to a business loan
A merchant cash advance is a relatively new finance product, compared to traditional loans. Whereas part or all of a business loan may be secured against your personal or company assets, a business cash advance can be seen as safer as it is based solely on a percentage of your future revenue. There are no fixed term or monthly repayments so late payments simply aren't possible, which is helpful if your cash flow isn't consistent from one season to the next.
Getting approved for a business loan can take time with some finance providers as your application goes under review. A merchant cash advance is often a quicker alternative - apply with us and we'll get back to you within 24 hours to confirm whether you meet the criteria.
Repayments are automatically taken through your card revenue
You simply pay the advance back as an agreed % of your future customer card sales. This can vary from 10% up to 25%. Repayments are made automatically from your card machine until the advance is paid in full.
If you need any assistance with our devices and prices then please get in touch. Our team are happy to help.
Call 01253 531843
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