Merchant cash advance in Oxford.
Oxford is a university and tourist city where visitors, students and academics keep the card readers busy all year round. Cornmarket Street and the High Street handle the retail crowds, the Covered Market shelters independent traders, and Cowley Road offers one of the region's most varied strips of restaurants and cafes. Jericho adds its own cluster of bistros, bars and salons serving a well-heeled local crowd. Because so much of the takings here arrives on card from tourists and students, a merchant cash advance is a natural fit: it advances a lump sum repaid as an agreed share of your daily card sales, so quieter vacation weeks cost less than a packed term-time run. Cafe owners, hoteliers and shopkeepers use it to refurbish, restock or cover a seasonal dip without a fixed instalment hanging over them. Merchant Business Loans arranges the funding rather than lending it, working with a panel of funders on unregulated commercial finance. The cost is fixed and agreed before you sign.
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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