Merchant cash advance in Cambridge.
Cambridge is a university city where tourism and term time footfall keep card payments flowing year round, from the cafes and shops near King's Parade to the stores of the Grand Arcade and the Grafton Centre. Mill Road adds one of the region's most varied food scenes, with independent restaurants, delis and coffee shops trading alongside the hotels and guest houses that serve a constant stream of visitors. A merchant cash advance gives a business a lump sum now and is repaid as a share of its daily card takings, so repayments track the busy and quiet spells that come with the academic calendar. For a Cambridge cafe or restaurant that swings with term dates and the tourist season, that flexibility can suit better than a fixed instalment. Guest houses and small hotels use it to fund refurbishment or new rooms without draining reserves. Merchant Business Loans arranges the finance through a panel of funders rather than acting as the lender. It fits the card led hospitality and retail businesses that define the city centre.
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.
Cambridge sectors we fund.
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