How it works

What Is A Merchant Cash Advance & How Does It Work?

A merchant cash advance is a unique funding product for small & medium UK business.
Multi $billion product in the US, now growing fast in the UK
Provides up to 1 month's average card turnover in a lump sum
One-off factor fee charged – never increases
Repayment via an agreed % deduction of your daily card processing batch
No delays to your processed funds into your account
No need to change terminal provider
A merchant cash advance from bizniz loans is a great new alternative to your bank.

Unlike your bank, we do not ask for annual accounts, business plans, cash-flow projections or endless paperwork.

Unlike your bank, we are much more likely to say YES!

If you process a minimum of £3,500 in monthly card transactions and can provide 12 months merchant card statements, you are well on your way to qualifying.

We review your annual card transactions to determine your average monthly sales volume. This is the approximate amount we will advance.

We then purchase a small portion of your future transactions and advance you the purchase price. The capital you receive is yours to use however you choose – there are no spending limitations or restrictions.

REPAYMENT IS JUST AS SIMPLE

We agree a small fixed % of your daily card transactions. This % is used to repay your advance so is tailored to your cash-flow. If your sales are quiet, you will repay less and if you are busy, you will repay more – you only pay if you make card sales and your cash sales are unaffected.

Your repayments are made automatically through your processor so you will never need to write a monthly cheque or set up a direct debit

Merchant cash advances do not appear on your credit report so will not affect any other borrowing you may have or wish to apply for in the future.

You will have a continuous facility for further funding, subject to good performance

How Much Does it Cost?

How Much Does it Cost?

A Bizniz Cash Advance works in a different way to a normal loan in that there is no fixed monthly repayment.

We agree a percentage of your future card sales, depending on how quickly you wish to repay and this is automatically deducted on a daily basis.

Please remember that the repayment period is approximate as we don't know what your sales will be next month or the month after.

This, of course, means that if you have a quiet trading period next month, you will be repaying less and if you have a busy period, you will pay more – the repayments match your cashflow.
Below is a typical example based on a trader who averages £15,000 in card sales per month and who requests an advance of £15,000.



Amount advanced £15,000 £15,000
Charge factor 1.3 1.35
Total to repay £19,500 £20,250
% deduction on your card sales 22% 14%
Approx time to repay 6mths 9mths
So, looking at the example quote above, if you want a £15,000 advance and would like to repay it in approximately 9 months, we would agree to deduct 14% of your credit card sales (your cash sales are unaffected) until the total repayable amount of £20,250 has been repaid.

Please do not hesitate to contact us if you need further clarification on this or any other part of the process.

Flexible short term funding for business. From £3,500 to £100,000, 90% approval Bizniz Cash Advances | Funding your business when the banks say no!

Online UK small business loans, Financing your business when the bank says NO! £3.5k to £100k in 7 days, over 90% acceptance. If you process a min of £3.5k per month in credit / debit card sales, have been in business 12 months & have at least 1 year left on your lease, you are almost certain to be approved.