MERCHANT CASH ADVANCE

By: TheMoneyMaze Ltd  06/12/2010
Keywords: financial services, debt, personal loans

 

A merchant cash advance is designed for small to medium sized businesses using your future debit and credit card receivables as a way of raising cash – quickly. Advances range between £3,500-100,000. Not only will you be able to raise cash within 10-20 working days but the business cash advance is unsecured. The perfect alternative to a secured or unsecured business loan.

Merchant cash advances are based on your company’s future credit and debit card transactions, typically the equivalent of one month’s card turnover, i.e. you turnover £10,000 per month on cards then you may qualify for a £10,000 advance. You pay back via a percentage of your card turnover so if you have a quiet month then you pay back less. There are no set repayment amounts, no interest rate and no late charges. You will pay a one off fee for the advance (paid during the life of the advance). All of our clients will receive bespoke pricing to best match their business cash flow needs.

For further information on the merchant cash advance please contact us 

Keywords: debt, financial services, Loans & Mortgages, personal loans, Secured Loans, unsecured loans