Merchant cash advance in Derby.
Derby pairs a strong manufacturing base with a lively city centre trade spread across the Cathedral Quarter, St Peter's Quarter and the shops inside Derbion. Independent cafes, pubs and restaurants around Sadler Gate and Iron Gate rely on steady card takings, as do the gyms and salons serving a large working population. A merchant cash advance turns a slice of those future card sales into an upfront lump sum, repaid a little at a time as an agreed share of each day's terminal receipts. Because the amount collected tracks daily trade, a quieter midweek stretch does not land the same weight as a fixed loan payment would. Owners use the money for a kitchen upgrade, new equipment, a refurbishment or a stock order ahead of a busy spell. Merchant Business Loans arranges this unregulated commercial finance rather than providing it directly, and the cost of the advance is fixed and known before you commit.
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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