Merchant cash advance in Lisburn.
Lisburn is a busy city just south west of Belfast, with much of its retail trade concentrated in Bow Street, the Lisburn Square development and the large Sprucefield shopping park on its edge. Its position on the main route between Belfast and the border keeps its cafes, salons and convenience stores turning over steady card business from commuters and local shoppers alike. Bow Street Mall and the surrounding independent shops sit alongside forecourts and takeaways that take most of their money by card. A merchant cash advance fits that pattern well because it advances a lump sum repaid as a share of your daily card sales rather than a fixed instalment. Busy weeks clear more of the balance and slower weeks clear less, which eases pressure on cash flow. A Lisburn retailer or beauty salon can use it to fund a fit out, new stock or equipment. Merchant Business Loans arranges this finance across a panel of funders and agrees the fixed cost with you upfront, rather than lending 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.
Lisburn sectors we fund.
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Up to 90% approval for qualifying businesses