Merchant cash advance in Dartford.
Dartford is a busy north Kent town at the gateway to London, shaped by the Dartford Crossing and its proximity to the huge Bluewater shopping destination just up the road. Its own economy mixes town centre retail with convenience stores, takeaways and the garages and forecourts that serve a heavy flow of commuter and through traffic. A merchant cash advance provides a lump sum and is repaid as an agreed share of daily card takings, so busier trading days carry more of the repayment and slower days carry less. That structure suits Dartford's shops, takeaways and car businesses, where card payment is constant but volumes vary day to day. An MOT garage or car dealer can use an advance to fund equipment or stock without a fixed monthly figure to find. Merchant Business Loans arranges this commercial finance rather than lending it, matching a business to a suitable funder. The cost is agreed as a fixed figure upfront, so the full repayment is known from the start.
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.
Dartford sectors we fund.
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