Merchant cash advance in Crawley.
Crawley sits right beside Gatwick Airport, and that proximity shapes its economy, from the airport hotels and restaurants to the shops of the County Mall and the trade on the surrounding industrial estates. Hospitality serving travellers and a large commuter population keeps card payments flowing through its hotels, eateries and takeaways day and night. A merchant cash advance gives a business a lump sum and is repaid as an agreed share of daily card takings, so the collection rises when bookings and covers are strong and eases when they are quieter. That flexibility suits Crawley's hotels, restaurants and convenience outlets, where trade follows flight schedules and seasonal travel. Car dealers along the town's main roads take regular card payment too and can fund stock or premises the same way. Merchant Business Loans arranges the finance rather than acting as the lender, pairing each business with a suitable funder. The total is fixed and agreed before you accept, so the repayable amount is never in doubt.
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.
Crawley sectors we fund.
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