Merchant cash advance in Kingston upon Thames.
Kingston upon Thames is a prosperous riverside retail destination whose Bentall Centre, the pedestrianised Clarence Street and the ancient Market Place draw shoppers from across south west London and Surrey. The riverside bars and restaurants by the Thames, the independent cafes and eateries around the Market House and the salons and beauty rooms threaded through the town all trade on strong, consistent footfall. A large student population from the local university adds further weight to the evening and casual-dining spend. A merchant cash advance suits these card-taking businesses because it provides a lump sum now and is then repaid as a set percentage of daily card sales, so the amount collected tracks how busy the tills genuinely are. The cost is agreed and fixed from the start, with no surprises later. Owners typically put the money towards refurbishments, new equipment, seasonal stock or bridging quieter trading periods. Merchant Business Loans arranges the finance and is not the lender 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.
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