Merchant cash advance in Horsham.
Horsham is an attractive West Sussex market town, where the pedestrianised Carfax, the Swan Walk shopping centre and the historic Causeway give it a prosperous and settled feel. Its centre is full of independent cafes, restaurants and shops, alongside the salons and beauty businesses that serve a comfortable local market. A merchant cash advance provides a lump sum now and is repaid as an agreed portion of daily card takings, so the amount collected tracks how busy trade really is week to week. That suits Horsham's cafes and eateries, where market days and weekends bring the strongest footfall. A boutique or salon can use an advance to refresh a fit out or add treatment space without a fixed monthly repayment to meet. Merchant Business Loans arranges this finance rather than lending it directly, matching a business to a funder from its panel. The cost is set as a fixed figure at the outset, so the full amount to repay is known in advance.
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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