Making Business Funding Simple
Accessible, Affordable, Achievable funding that is tailored to suit your business needs.
Merchant Cash Advance
What is it and how does it work?
You get an advancement on your business’s future card sales.
You repay via a small % split on your ongoing card sales until the amount is cleared.
Repayments are taken out at source, which means there are no fixed monthly direct debits.
As your card sales volume varies from month to month, a percentage repayment means the amount you repay each month will always mirror your business levels.
There is a fixed fee, agreed upfront for the advancement. This means there is no set repayment date, no late fees and no penalties possible.
Repayments are taken out at source, so there are no monthly direct debits; only small, manageable, daily amounts until the advancement is repaid, effectively letting your customers become your backers.
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More staff
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Bigger premises
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Advertising campaigns
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New equipment
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Cover unexpected costs
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Stability of knowing you have a funding source when needed
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Fund your own growth
Can I get a Merchant Cash Advance?
We get over 90% of our applications funded! Here is what you need to apply:
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Earning a minimum of £2500 per month via card sales
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Have been trading for 3 months minimum
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Taking a minimum of 10 transactions a month
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Limited company/Sole Traders/Partnerships/ LLPs all fundable
Features & Benefits
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No fixed monthly payments, this really is Flexible Funding
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Clear one-off fixed fee agreed upfront
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New businesses accepted (3 months minimum)
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No security against property or tangible assets
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No business plan required
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No hidden/early/late fees
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Further advances available part way through
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Renters are accepted
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Funding can be used for any purpose: stock, expansion, VAT cover, more staff, refurbishment
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No long waiting, offer and decision typically within 48 hours and funded 24 hours after
About us
We're a group of clever monkeys who understand the challenges of cash flow in a business. We also like to be different! We are definitely not your typical nay saying bad suit wearers!
So we teamed up with some like minded human lenders to solve this real burning issue.
You normally need to raise funds when they're needed the most.
Banks want to lend when it's in their favour, not when it's in yours.
Even if you do manage to get a bank loan, you now have a big FIXED direct debit at the end of each month. But what happens if things don’t go to plan? You have a couple of slow months? Tough! The bank wants their money at the same rate, no budging!
So a solution was born: take away the risk of the borrower defaulting by collecting the funds at source and in turn, lowering the entry requirements and credit levels needed to be approved.
At the same time, as the funds are repaid back directly via your card transactions at a fixed percentage, your repayments will ALWAYS reflect your business’s daily / monthly trade.
Contact us now and let us clever monkeys show you how we can get you the working capital you need.
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