Any Purpose Loan for pubs, restaurants and hotels

 

An Any Purpose Loan or Business Cash Advance is a cash injection of between £2,500 and £300,000.

 

What is a Merchant Cash Advance?

 

Simply put, it’s a friendly cash injection for your business, which you pay back only as you earn, through an agreed amount of your credit & debit card sales. It’s up to you what you spend it on, and unlike a loan, there’s no APR or fixed payments, just one simple cost which is agreed with you at the start. Better still, your home & assets are safe. The loan is not secured against the things which matter the most. (Sigh of relief)

 

• Pay back through your card transactions

• Business Cash Advance of £2,500 – £300,000

• No fixed monthly payments to worry about

 

One Simple Cost

 

We will agree with you upfront a cost for taking the business cash advance. We will then agree a percentage of your daily card takings which will be used to pay it back.

 

• No fees, penalties or hidden charges. Ever.

• You keep 100% of your cash income

• In slow times, you pay back less and in good times you pay back more.

• No other expenses (like legal or accounting set up fees)

 

How much can I borrow?

 

We typically advance up to one month’s card sales (so if you take £10k in card transactions, your maximum would be £10k)

 

To find out more please get in touch