What is a merchant cash advance?
A merchant cash advance buys your future card takings at a discount and is repaid from daily sales. What that means for cost, terms and eligibility.
■ LIBRARY / GUIDES
The business owner’s guide to advances against card takings
Everything worth understanding before you sign, in reading order: what these advances are, how the daily split runs, what a factor rate and a holdback really cost, and how to decide whether an advance fits your trade.
■ 01 / DEFINITIONS
Definitions
■ 02 / PROCESS
Process
How does a merchant cash advance work?
The full mechanics of a merchant cash advance: sizing, application, the daily card split, a worked example, timescales and what happens when trade dips.
■ 03 / DECISIONS
Decisions
Benefits of a merchant cash advance
The genuine advantages of a merchant cash advance, from flexible repayment to speed and credit-light approval, set against the drawbacks worth knowing.
Is a merchant cash advance right for you?
A straight answer on whether merchant cash advances are bad, who they suit, who should avoid them, and how they compare with loans and invoice finance.
■ ENQUIRY / NO OBLIGATION
Tell us what your card takings look like
Send us your monthly card turnover, the acquirer you take payments through and what the money is for. We will come back the same working day with the advance size that fits, the funders worth approaching, and the factor rate and holdback you should expect.