Business Finance. Sorted.
Merchant Cash Advance
Get a fast affordable Merchant Cash Advance (Card Terminal Loan) paid in as little as 48 Hours
Merchant Cash Advance (Card Terminal Loan)
- Loans from £1k to £500,000
- Fast Turnaround
- Flexible Payment Terms
- Only Payback when you take Card Payments
- Good or Bad Credit
- Simple Process
Merchant Cash Advances for all Businesses
Our Merchant Cash Advances help you with everyday cash flow. They are extremely flexible and easy to set up.
We are able to lend one months turnover as a flexible loan which is paid back via your card takings. There is no set amount to pay each month, so there is pure flexibility. Only pay back when you take payments on your card machine.
Whether you need to purchase stock, pay a VAT bill or simply cover day to day business expenses we can help.
We use a variety of lenders and companies who will lend the amount you need.
Having helped numerous businesses, we are confident in finding a solution for you.
Who we work with
We have relationships in place with high street banks as well as other lenders who are willing to take slightly more of a risk.
Most business believe that if they don’t have a perfect credit rating they are unable to get a Merchant Cash Advance, this is incorrect, our lenders will consider all businesses ranging from a 1 man set up to a multi-million pound turnover business.
We really can help everyone.
As easy as 1..2..3..
At MoneyGiant, we like to keep things nice and simple. We eliminate as many obstacles as possible to get your Merchant Cash Advance approved and funds with you as soon as possible. Our simple, 3-step process keeps you in control and puts your business goals first:
1. Listen. Explore. Apply.
As with all of our services, the first thing we do is listen.
We find out exactly what makes your business tick and where additional finance will help you grow.
After filling in a short questionnaire we’ll approach our lenders and find out what opportunities are available to you.
2. Agree Your Merchant Cash Advance
Once we’ve presented and talked you through your options you select the amount that works for you and your business.
We’ll then get the final paperwork filled out with the agreed terms.
3. Transfer Funds
Once everything is agreed and signed off we’ll get the funds to you as soon as possible.
Merchant Cash Advance FAQ
Click a question to expand
The whole process can take as little as 48 Hours, however most applications take between 3-7 days to complete.
Depending on your average monthly turnover, you can borrow from £10,000 up to £500,000.
Although this is an option, by using MoneyGiant once we have all the relevant documents we can then go to all the lenders for you. This saves you from having to apply for each loan separately which can take up your valuable time, we do this instead. Also with our industry expertise we know which lenders to approach and which ones not to.
Its quite simple really, once an amount has been agreed with the lender you pay this back by daily payments. For example if you take £100 on your card machine, you would receive £80 and the lender £20. If the next day you took £0 on your card machine you would pay back £0
There is no set interest rate for Merchant Cash Advances, its more of a fee for using the service. For example you could borrow £100,000 and pay back a total of £110,000. The time it takes to pay this back depends on the amount you take on a daily basis via your card machine. The more you take the quicker you pay the loan back.
A credit check will be done which will show on your credit report, doing numerous credit checks can affect your credit score.
The majority of our lenders will need a Personal Guarantee.
If payments are not made on time, then yes this can affect your future borrowing.
The lenders we work with vary from high street banks to alternative lenders who are willing to take much more of a risk.
Once the loan is completed MoneyGiant will be a paid a commission or referral fee from the lender. We do not charge you for using us.
These are the yearly accounts that must be filed with Companies House; this will show a detailed breakdown of how the company is performing and all incomings and outgoings.
Fill out the form below and we will get back to you shortly. Alternatively you can call us on 0345 257 8080.