Merchant cash advance in Dudley.
Dudley is a historic Black Country town, known for its castle, its market and the pull of nearby Merry Hill over at Brierley Hill. The town centre and its surrounding high streets carry a solid base of independent retailers, takeaways, convenience stores and pubs that trade heavily on card payments. For businesses like these, cash flow tends to move with the seasons and the days of the week rather than in neat monthly blocks. A merchant cash advance fits that pattern, advancing a lump sum that is repaid as a share of your daily card takings. Quieter weeks cost you less and stronger weeks clear the balance faster, all against a fixed cost agreed before you commit. Merchant Business Loans arranges this commercial finance through its funding panel and does not lend the money itself.
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.
Dudley sectors we fund.
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