Merchant cash advance in Bridgend.
Bridgend is a market town between Cardiff and Swansea, with a town centre around the Rhiw and a major draw in the McArthurGlen Designer Outlet on its edge that pulls shoppers from across the region. Card trade splits between the outlet's fashion and retail units, the independents in the old centre and the salons, gyms and cafes serving communities like Brackla. Spending clusters at weekends and through sale periods, then quietens midweek. A merchant cash advance advances a lump sum against that card income and is repaid as an agreed percentage of daily takings, flexing with how busy the tills are. For a clothing store gearing up for a season or a salon investing in new chairs, repayment rises in strong weeks and eases in slower ones. The cost is fixed and set out before anything is agreed. Merchant Business Loans arranges this commercial 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.
Bridgend sectors we fund.
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