Industries That Can Be Approved For A Merchant Cash Advance

Restaurants & Takeaways

BUSINESS CASH ADVANCE

Merchant cash advance funding has proved extremely popular with UK restaurants. It is well suited to businesses in the hospitality sector, particularly restaurants that transact with a high level of card turnover.

This flexible restaurant business loan offers a repayment structure that can help to better manage the volatile cash flow cycles restaurants often face.

Benefits

Flexible payments based on future credit and debit card sales

Receive fast access to cash for your business

No interest charged on the money borrowed

All business credit scores are considered

Less risk of defaulting on repayments

Retail Shops

BUSINESS CASH ADVANCE

High street retail shops and convenience stores are the backbone of both the UK economy and community. Since the coronavirus pandemic hit, the high street has faced exceptionally tough times and many businesses have sadly been forced to close their doors.

The business cash advance product has provided high street retailers with a lower risk funding option that has helped ensure retail shops have the funding they need to survive and thrive.

Benefits

Flexible payments based on future credit and debit card sales

Receive fast access to cash for your business

No interest charged on the money borrowed

All business credit scores are considered

Less risk of defaulting on repayments

Online E-Commerce Stores

BUSINESS CASH ADVANCE

The business cash advance product has provided high street retailers with a lower risk funding option that has helped ensure retail shops have the funding they need to survive and thrive.

Benefits

Flexible payments based on future credit and debit card sales

Receive fast access to cash for your business

No interest charged on the money borrowed

All business credit scores are considered

Less risk of defaulting on repayments

Pubs, Bars & Clubs

BUSINESS CASH ADVANCE

Pubs, bars and clubs can experience similar cash flow issues to that of restaurants. An increased number of pubs now have merchant accounts and accept credit and debit card payments, realising the increase in sales this can result in.

We’ve helped many pubs and bars raise the finance they need to develop their premises, buy new equipment and grow.

Benefits

Flexible payments based on future credit and debit card sales

Receive fast access to cash for your business

No interest charged on the money borrowed

All business credit scores are considered

Less risk of defaulting on repayments

Hotels & B&Bs

BUSINESS CASH ADVANCE

The hospitality sector has also taken a hit as a result of Covid-19. With ongoing travel restrictions that have followed multiple lockdowns, many hotels and B&Bs have faced significant cash flow issues.

However, with the rise of the staycation and many travellers opting to holiday in the UK, now may be the perfect time for your hospitality business to utilise merchant cash advance funding – a flexible form of hotel finance.

Benefits

Flexible payments based on future credit and debit card sales

Receive fast access to cash for your business

No interest charged on the money borrowed

All business credit scores are considered

Less risk of defaulting on repayments

Hairdressers & Beauty Salons

BUSINESS CASH ADVANCE

Another industry that takes several payments via credit and debit card is the hairdressing and beauty sector. As a result, salons are able to use business cash advances to unlock their full potential.

Whether it’s to fund the hiring of technicians, new equipment, signage or marketing efforts, this flexible product is an ideal solution for businesses in this sector.

Benefits

Flexible payments based on future credit and debit card sales

Receive fast access to cash for your business

No interest charged on the money borrowed

All business credit scores are considered

Less risk of defaulting on repayments

Garages & MOT Centres

BUSINESS CASH ADVANCE

Auto repair shops face significant costs purchasing, maintaining and updating their equipment and machinery.

Luckily, a high level of customer credit card payments means that garages, MOT and car service businesses tend to easily qualify for merchant funding.

Benefits

Flexible payments based on future credit and debit card sales

Receive fast access to cash for your business

No interest charged on the money borrowed

All business credit scores are considered

Less risk of defaulting on repayments

Flexible Repayments. Funds Received In 24 Hours.

Advance Funding Has earned a reputation as a reliable, honest and transparent broker of small business funding.