Merchant cash advance in Sutton.
Sutton is a comfortable south London commuter town whose long pedestrianised High Street and the St Nicholas Centre keep a reliable stream of card spending running through the day. The cafes, restaurants and independent shops along the High Street trade on steady footfall from residents and commuters, while the hairdressers, barbers and beauty salons serving Sutton and the surrounding suburbs run consistent appointment books all week. Convenience stores and takeaways across the district add further volume to a distinctly card-led local economy. A merchant cash advance suits these businesses because it delivers a lump sum up front and is then repaid as a set share of daily card takings, so the amount collected rises and falls with real trade rather than a rigid monthly demand. The cost is fixed and agreed at the outset. Funds are commonly used for refits, new equipment, stock or to bridge quieter trading periods. Merchant Business Loans arranges this commercial finance and is not itself the lender.
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.
Sutton 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