Merchant cash advance in Bedford.
Bedford is a riverside market town set along the Great Ouse, with its Embankment gardens, the High Street and the Harpur Centre drawing shoppers and diners into the centre. The town has a strong independent food culture, helped by a long established Italian community, so restaurants, cafes and pubs make up a good share of its card taking trade alongside salons and independent shops. A merchant cash advance gives a business a lump sum now and is repaid as a share of its daily card takings, so what comes back each day reflects genuine trade rather than a fixed monthly amount. For a Bedford restaurant or cafe with busy weekends and quieter weekdays, that flexibility can be easier to plan around. Hairdressers, barbers and independent retailers use it to fund a refit, new equipment or extra stock. Merchant Business Loans arranges the finance through a panel of funders rather than lending directly. It fits the town's card led hospitality and high street businesses.
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.
Bedford sectors we fund.
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Up to 90% approval for qualifying businesses