Merchant Cash Advance - UK

Finance for SMEs in the UK with no fixed payments, fixed terms or security required. The advance is repaid as a percentage of future card sales.

From:
Department for Business and Trade and Department for Business, Energy & Industrial Strategy
Published
28 May 2021
Last updated
13 February 2024 — See all updates
Type of support:
Finance
Business stage:
Start-ups (1-2 years trading), Established
Industry:
Health, Hospitality and catering, Travel and leisure, Wholesale and retail
Number of employees:
0 to 9 employees, 10 to 249 employees
Region:
East Midlands, Eastern, London, North East, North West, Northern Ireland, Scotland, South East, South West, Wales, West Midlands, Yorkshire and the Humber

How much you can get

£10,000 to £400,000

Who it’s for

UK businesses that have been trading for at least six months, and take at least £10,000 per month in debit and/or credit card sales.

What you can get

An advance that can be used for any purpose, such as:

  • Renovation and refurbishment
  • Purchasing stock
  • Working capital

Organiser

365 Finance

Find out more
Published 28 May 2021
Last updated 13 February 2024 + show all updates

  1. How much you can get figure was raised to £400,000; organiser was changed to 365 Finance; Find out more button link was changed to main 365 Finance homepage.

  2. Changes minimum and maximum amounts available, and minimum debit/credit card takings per month.

  3. First published.

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