Merchant cash advance in Bath.
Bath is a UNESCO World Heritage city built on tourism, with card takings concentrated around the SouthGate centre, Milsom Street, the independents of Walcot Street and the restaurants and tea rooms near the Abbey and Roman Baths. Hotels, cafes, fashion boutiques and salons here trade heavily on visitor footfall that peaks in summer and over the Christmas market. A merchant cash advance advances a lump sum and collects repayment as a percentage of daily card sales, so quieter early-year weeks cost less while the busy tourist months clear the balance quicker. That seasonal fit suits a hospitality-led city where income is far from flat across the year. Businesses use the funds to refurbish, add rooms or covers, or stock up ahead of peak trade. The cost is fixed and agreed at the start with no rigid monthly payment. Merchant Business Loans arranges the finance rather than lending directly.
How a merchant cash advance works.
A merchant cash advance (MCA), also called a PDQ cash advance or card machine loan, gives your business an upfront lump sum repaid as a small percentage of your daily card takings. There is no fixed monthly repayment and no interest rate, just one fixed cost agreed upfront. MCA is unregulated commercial finance, business-to-business, and is unsecured against business assets. Most lenders ask for a personal guarantee from a director.
- Advance£10,000 to £1,000,000
- Fixed cost1.10 to 1.50
- Term3 to 18 months
- Daily repayment10% to 22% of card takings
- DecisionTypically 24 to 48 hours
Eligibility.
- Sole traders and UK limited companies.
- At least 6 months trading history.
- Active card machine (PDQ terminal) or online card processor.
- Typically 6 to 12 months of card transaction data shared with lenders.
Eligibility differs by lender. We compare a panel of UK MCA funders on your behalf to find the right fit.
Bath sectors we fund.
Not listed? See every sector we fund.
Ready when you are
Ready to apply?
60 seconds to apply. 1 working day to a decision. No obligation, no credit footprint for the initial check.
Up to 90% approval for qualifying businesses