Merchant Cash Advances are great for businesses with card terminals or online sales.
A business receives a fixed lump sum and repays the loan as a fixed percentage of their daily card takings or online sales, including fees and interest.
With this fixed repayment profile, your repayments are aligned to your business performance.
Merchant Cash Advances are unsecured loans, meaning they do not require security over personal or company assets, but often do require a Personal Guarantee from a director or shareholder of the business. Read more about Personal Guarantee’s here.
