Merchant cash advance in Poole.
Poole sits on one of the world's largest natural harbours, and its quayside, Old Town and the affluent stretch out towards Sandbanks keep the tills busy with visitors and locals alike. The harbourside restaurants, cafes and bars trade heavily on card through the summer, while the town centre and Dolphin shopping quarter carry the independent retailers and salons. Being a waterside resort, takings swing with the season and the weather. A merchant cash advance fits that pattern well, advancing a lump sum that is repaid as an agreed share of your daily card sales so busy holiday weeks and quieter winter ones each pay their fair share. Restaurateurs, hoteliers and shopkeepers use it to refurbish, restock or cover a seasonal dip without a fixed instalment. Merchant Business Loans arranges the facility rather than lending it, working with a panel of funders on unregulated commercial finance. The total cost is fixed and agreed before you commit.
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.
Poole sectors we fund.
Not listed? See every sector we fund.
Ready when you are
Ready to apply?
60 seconds to apply. 1 working day to a decision. No obligation, no credit footprint for the initial check.
Up to 90% approval for qualifying businesses