A Merchant Cash Advance, also known as a Business Cash Advance, is an unsecured business finance solution that allows business owners to quickly raise £5,000 to £200,000 in funding.
Unlike a traditional bank loan, there are no interest rates or fixed monthly payments.
Instead, repayments are taken from a small percentage of your future debit and credit card payments. This means repayments mirror the ups and downs of your business, easing financial stress – when you have a quiet period, you simply repay less, and when business picks up, you repay more.
Ideal for businesses that process payments through a card machine (PDQ) and/or online payment system, a merchant cash advance is a fast and flexible way to raise capital for your business:
Posfin Capital is not a direct lender. We hold full FCA credit broking permissions with FRN 913022 and work with our Merchant Cash Advance lender 365 directly. We don’t charge any fees to our customers as we get paid by the lender.
A business that processes £10,000 per month in credit and debit card sales, is eligible to receive £10,000 in an unsecured business cash loan, with no interest rates or fixed terms. Repayments are automatic and deducted as a small percentage of your monthly credit and debit card payments. The lender will agree a fixed fee with you that gets added to the advance. What is agreed upfront is what you repay.
Flexible finance for businesses.
Our cash advances provide opportunity to thousands of business owners with an affordable way to access unsecured capital for expansion, to improve cash flow. Monthly payments based on future card sales allow you pay back an advance only when your customer pays you.
Convenience Stores, Butchers, Garages / MOTs, E-commerce, Takeaways, Cafes, Retailers, Dentists, DIY Stores, Online Businesses, Hotels & B&Bs, Hair and Beauty, Health & Fitness, Dry Cleaners, Florists, most businesses that accepts card payments!