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    LOCATIONS · CHESTER

    Merchant cash advance in Chester.

    Chester is a walled Roman city where tourism and everyday trade run side by side, from the medieval galleries of The Rows to the boutiques and eating places along Eastgate Street, Bridge Street and Watergate Street. Restaurants, coffee shops, salons and independent retailers here take a high volume of card payments from visitors drawn to the cathedral, the racecourse on the Roodee and the riverside. Footfall swings hard with the seasons and race days, which can leave a business flush one week and stretched the next. A merchant cash advance gives a business a lump sum up front, then collects repayment as an agreed share of its daily card takings, so quieter weeks cost less and busy ones clear the balance faster. That suits a Chester salon fitting out a new floor, a restaurant refreshing its kitchen or a shop building stock ahead of the Christmas trade. Merchant Business Loans arranges this commercial finance and works with a panel of funders to match an offer to how a business actually trades. There are no bank-style fixed monthly instalments to find when takings dip.

    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.

    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

    Quick Apply →
    COMPATIBILITY

    Works with your card machine and payment provider.

    Whatever you take card payments through, we fund against your takings.

    Dojo
    Square
    SumUp
    Zettle by PayPal
    Stripe
    Worldpay
    Barclaycard
    Tyl by NatWest
    takepayments
    Paymentsense
    Elavon
    myPOS
    Clover
    Teya
    Revolut
    Just Eat
    Deliveroo
    Uber Eats
    Epos Now
    Lightspeed
    Zonal
    Toast
    + many more

    Logos are the card and payment providers we fund against. We are not affiliated with, partnered with, or endorsed by them.