Compare Merchant Cash Advances

  • Merchant cash advances are designed for businesses that need an advance on their projected card sales
  • Below we compare a selection of specialist business finance provider that offer merchant cash advances to UK companies
3 products found
    • THINK Business Loans Merchant Cash Advance logo
      Broker

      THINK Business Loans Merchant Cash Advance

      • Check eligibility (without a credit check) & compare all MCA facilities in one place
      • THINK work with the whole market to find you the best rates
      • Borrowers must process at least £5,000 in card transactions monthly
      • Minimum Turnover
        £50,000 p.a.
      • Available Amounts
        £25,500 to £500,000
      • Available Terms
        3 months to 3 years

      Company details

      • THINK's funding platform matches your businesses eligibility against hundreds of lenders instantly (without a credit check)
      • THINK are the UK's leading business lending specialists; their experts are on hand to guide you through the process
      • Find the perfect loan in minutes - Make the lender work for you

      Eligibility criteria

      • Must have at least 3 months trading history
      • Must take card payments
      • No credit score required
      • In some cases you may be required to change card providers
    • Funding Options Merchant Cash Advance logo
      Broker

      Funding Options Merchant Cash Advance

      • Finance up to 150% of the average monthly card transactions
      • Minimum of £5,000 in monthly card transactions required
      • All merchant providers accepted
      • Minimum Turnover
        £60,000 p.a.
      • Available Amounts
        £5,000 to £500,000
      • Available Terms
        1 to 18 months

      Company details

      • Funding Options' platform matches your eligibility with over 200 accredited lenders
      • A free no obligation service that won't affect your credit score
      • Dedicated CBILS business finance specialists

      Eligibility criteria

      • Must have been trading for a minimum of 3 months
      • No outstanding CCJs or recent liquidations
      • You will need to accept credit/debit cards payments
    • Nucleus Merchant Cash Advance logo

      Nucleus Merchant Cash Advance

      • Borrow up to 125% of your monthly card volumes
      • Pay back little by little through your customer card transactions
      • Fast service - receive your funding in 24 hrs
      • Minimum Turnover
        £2,400+ in card transactions per month
      • Available Amounts
        £3,000 to £150,000+
      • Available Terms
        4 to 12 months

      Company details

      • Fast service - receive your funding in 24 hrs
      • Human approach - Nucleus's in-house experts will guide you through the process
      • No early repayment fee

      Eligibility criteria

      • Business registered in England, Wales or Scotland (Scotland max advance £40k)
      • Minimum 4 month's trading history
      • Minimum advance £3,000
      • Minimum 10 card transactions per month
      • Minimum £2,400 card revenue per month
      • Property Owner (if advance is over £75k)

    Suppliers that don't offer Merchant Cash Advances but may offer suitable alternatives:

    • Funding Circle logo
      Peer To Peer

      Funding Circle

      • Borrow £50,001 to £250,000 with the Government's CBIL scheme
      • Nothing to pay for 12 months - No upfront fees - No early settlement fees
      • Simple online application & decisions typically in 24 hours
      • Rates between 1.8% and 7.0% APR
      • Minimum Turnover
        £200,000+ p.a.
      • Available Amounts
        £50,001 to £250,000
      • Available Terms
        2 to 5 years

      Company details

      • Funding Circle, supporting small businesses for over 10 years
      • Used by over 57,000 UK businesses
      • All Funding Circle do is small business, as a result 9 out of 10 of their businesses would come back first next time

      Eligibility criteria

      • UK-based business - 3 years of trading history - Adversely affected by coronavirus
      • Loan primarily for trading in the UK
      • Annual turnover from £200K+ up to £45 million - Over 50% of turnover from trading activity (e.g. not from investments)
    • Portman Asset Finance logo
      Broker

      Portman Asset Finance

      • Business finance broker with specialist sector experience to offer fast and flexible finance solutions
      • Access over 40 leading UK business finance providers
      • Dedicated CBILS specialist account managers
      • Minimum Turnover
        £150,000+ p.a.
      • Available Amounts
        £10,000 to £10,000,000
      • Available Terms
        Up to 5 years

      Company details

      • Business finance broker with specialist sector experience to offer fast and flexible finance solutions
      • Access over 40 leading UK business finance providers
      • Dedicated CBILS specialist account managers

      Eligibility criteria

      • Business finance broker with specialist sector experience to offer fast and flexible finance solutions
      • Access over 40 leading UK business finance providers
      • Dedicated CBILS specialist account managers
    • Fleximize Business Loan logo

      Fleximize Business Loan

      • Voted "Best Business Finance Provider" at the British Bank Awards 2020
      • Industry-leading flexibility - top-ups, repayment holidays, no hidden fees
      • Interest charged on a reducing balance, repay early and only pay for the time you had the loan
      • Priority funding for all essential sector businesses that are trading through Covid-19
      • Minimum Turnover
        £60,000 p.a.
      • Available Amounts
        £5,000 to £500,000
      • Available Terms
        1 month to 4 years

      Company details

      • Voted "Best Business Finance Provider" at the British Bank Awards 2020
      • Industry-leading flexibility - top-ups, repayment holidays, no hidden fees
      • Interest charged on a reducing balance, repay early and only pay for the time you had the loan
      • Priority funding for all essential sector businesses that are trading through Covid-19

      Eligibility criteria

      • Minimum annual turnover of £60,000 p.a.
      • Borrow between £5,000 and £500,000
      • Business activities must be UK-based and impacted by Covid-19
    • The Start Up Loans Company logo

      The Start Up Loans Company

      • Interest rate of fixed 6% per annum
      • Receive business mentoring and support after drawing down your loan
      • No application fees or early repayment fees
      • Minimum Turnover
        No minimum
      • Available Amounts
        £500 to £25,000
      • Available Terms
        1 to 5 years

      Company details

      • Start Up Loans is a Not-For-Profit Company offering a finance and mentoring solution to start and grow a business
      • Start Up Loans have helped over 40,000 businesses get started in the UK
      • Free application support
      • Free post-loan business mentoring

      Eligibility criteria

      • Business is based in the UK
      • Trading for under 24 months
      • 18 years and over
    • EJ Finance logo
      Broker

      EJ Finance

      • Application-to-offer within 24 hours
      • To be contacted within 3 minutes of applying
      • Access to over 200+ lenders, covering all sectors
      • Minimum Turnover
        £25,000 p.a.
      • Available Amounts
        £10,000 to £5,000,000
      • Available Terms
        3 months to 10 years

      Company details

      • Application-to-offer within 24 hours
      • To be contacted within 3 minutes of applying
      • Access to over 200+ lenders, covering all sectors

      Eligibility criteria

      • Application-to-offer within 24 hours
      • To be contacted within 3 minutes of applying
      • Access to over 200+ lenders, covering all sectors
Our comparison service features a selection of providers from whom we receive commission. This table is initially ordered according to our commercial arrangements. You can use the options above the table to order it according to various criteria.

Merchant Cash Advance FAQ

Merchant cash advances are a form of lump sum cash advance provided to businesses based on their projected card expenditure. If you are considering a merchant cash advance, our selection of frequently asked questions below will provide you with important information to aid you in making a decision - just click on the question headings for a concise, helpful answer.

What is a merchant cash advance?

Can all businesses apply for a merchant cash advance?

Do I need to pay an interest rate?

How much of an advance can I get?

How much does it cost?

How do I pay back an advance?

What can I use a merchant cash advance for?

Will I need perfect credit for approval?

How can I apply for a merchant cash advance?

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