Business Loans

Business Cash Loans available in the UK

The Business Cash product is an advance against a business’ future credit & debit card sales.

Our lender is able to advance up to 85% of your average monthly business card sales, which is calculated by looking at the previous 12 months history.

Business Cash Loans

  • The business cash loan can be used for any purpose.
  • Our lender is able to advance £3,500 to £100,000

It is an unsecured loan, although in the case of limited companies they will ask for a personal guarantee.  Our lender is also prepared to look at advancing a straight loan if your business or company does not use a merchant provider. Part or all, of the funded business cash loan can be used to settle your creditors, clients and your fees! The balance is sent to the debtor.

Business Cash Loan Advantages;

  • No change of PDQ provider needed.Business Cash Loan Broker
  • No arrangement fee.
  • No penalty fee if the loan is paid back early.
  • Business Cash Loans can be made to companies with CCJs.
  • Business Cash Loan Advances can be made to companies with CCJs/Poor Credit History.
  • Payment holidays available.
  • Repayment period can be up to 18 months.

 Basic Business Cash Loan Criteria:

  • The business must have been trading for 12 months.
  • If the business premises are leased, the lease must cover the period of the loan.
  • The business must have had a PDQ terminal in their business for 12 months.

 Requirements at Application stage:Apply for a Business Cash Loan

  • Completed application form.
  • 12 months most recent PDQ statements.
  • Our lender only requires summary statement pages as long as the total sales / number of transactions are stated for each month.
  • 3 months most recent bank statements for the main business bank account.
  • Photo ID for all proprietors / partners / directors / 25%+ shareholders.
  • Voided business bank cheque.
  • Company letterhead (if applicable)

If you require more information on business cash loans and would like to speak with a business cash loan advisor, call free today using 0800 118 2345 or contact us on-line right now!