Our business cash advances are an advance of cash based upon your future credit/debit card sales. You repay this via a pre-agreed percentage of your business’ card transactions.
Since your repayment is linked to your business’ card takings, you only pay back the cash advance when your business is earning money. Unlike other forms of business funding, like bank loans, company or personal assets are not required to qualify.
If your business cash advance takes longer than expected to pay off, the agreed repayment cost remains the same. We do not add any penalties or fees as there’s no such thing as a late payment.