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    LOCATIONS · ST ALBANS

    Merchant cash advance in St Albans.

    St Albans is an affluent cathedral city with a genuinely thriving independent scene, and that shows up in the card takings across town. The twice-weekly market on St Peter's Street, the boutiques and delis of French Row and the restaurants, wine bars and gastropubs clustered around the Cathedral quarter and George Street all trade on healthy footfall from residents and day visitors alike. Hospitality is a real strength here, with well-regarded pubs, cafes and casual dining rooms turning tables from brunch through to late. A merchant cash advance works neatly for these businesses because it hands over a lump sum straightaway and recovers it as an agreed percentage of daily card sales, so repayment tracks how the tills are actually performing week to week. The overall cost is fixed and clear from the start. The funds are commonly put towards refurbishments, new equipment, seasonal stock or bridging a gap between quieter and busier trading spells. Merchant Business Loans arranges this commercial finance rather than lending directly.

    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.

    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

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    COMPATIBILITY

    Works with your card machine and payment provider.

    Whatever you take card payments through, we fund against your takings.

    Dojo
    Square
    SumUp
    Zettle by PayPal
    Stripe
    Worldpay
    Barclaycard
    Tyl by NatWest
    takepayments
    Paymentsense
    Elavon
    myPOS
    Clover
    Teya
    Revolut
    Just Eat
    Deliveroo
    Uber Eats
    Epos Now
    Lightspeed
    Zonal
    Toast
    + many more

    Logos are the card and payment providers we fund against. We are not affiliated with, partnered with, or endorsed by them.