Merchant cash advance in Comber.
Comber is a small County Down town at the top of Strangford Lough, famous for the Comber Earlies potato that carries protected status, and built around its distinctive triangular Square. The Square and surrounding streets hold a tight cluster of independent shops, cafes, a well-known butcher and bakery trade, barbers and beauty rooms serving the town and nearby villages. Sitting close to Belfast, Comber has become a popular commuter and food destination, with cafes and restaurants drawing custom from beyond the town itself. Much of this trade is settled by card, with weekends and food-led visits lifting takings. A merchant cash advance advances a lump sum repaid as an agreed percentage of daily card sales, so busier days contribute more and quieter ones less. For a small but growing town with a strong food and independent retail scene, tying repayment to card income can suit uneven weekly trade. The full cost is fixed and known from the outset.
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.
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