Easy, reliable funding services from Merchant Hub EmFI
You can apply in a matter of minutes, and we can make a decision on the phone for you there and then. We can even get you the funds on the day you apply if you give us the information we need.
One simple cost (no APR)
You need a credit/debit card merchant account
Businesses all over the UK are growing thanks to business and merchant cash advances
When it comes to obtaining a business loan, many business owners look to high street lenders and banks as their only funding option. But recently banks have implemented a rigorous credit scoring system, making it difficult for many SMEs (Small Medium Enterprises) to secure the finance they so desperately need.
Businesses might require quick access to capital for all sorts of day-to-day costs such as purchasing new equipment, carrying out refurbishments, hiring more staff or investing in marketing. But if your application has been rejected by the bank, you might think that your business’ survival is in jeopardy if you can’t finance these necessary expenses. Luckily, there is an alternative finance source available – a business cash advance from Merchant Hub.
Why a business cash advance is a safer alternative
Cash advances are a quick and easy alternative to conventional bank loans. You could receive a cash injection of between £2,500 and £300,000, which can cater for all your business needs.
A business cash advance is an unsecured injection of cash into your business based on future credit and debit card sales. It’s repaid via a pre-agreed percentage of the business’s card transactions, so it will never interrupt your cash flow and there’s no such thing as a late payment. This is ideal if you run a seasonal business and your cash flow isn’t as strong in the quieter months, as you’ll make repayments relative to your income.
Because cash advances are unsecured loans, so your home is never at risk.
There are no restrictions on how you spend your funds either. We’re here to help boost your cash flow, not tell you how to run your business.
Why you should choose a Merchant Hub business cash advance
To be eligible, all we ask is that you’ve been in business for over 4 months, and accept a minimum of £2,500 of card transactions a month. Here are the other benefits:
- Apply in minutes for £2.5k – 300K and a decision within as little as 24 hours
- You pay back only when you earn
- Clear cost, no APR
- No hidden fees, charges or costs
- No monthly penalties as there is no such thing as a late payment
Over 80% of businesses are approved for cash advances and the application process is simple and easy to complete.
With some lenders it can take a while to hear if your loan application has been accepted, but at Merchant Hub there’s no lengthy application process. If you’re looking for a quick loan alternative we can often make a decision for you on the phone, there and then. Providing we have the information we need, you can have a decision in as little as 24 hours.
