A merchant cash advance (MCA) provides a lump sum of capital in exchange for a percentage of your future card payments. It's an unsecured, flexible funding option particularly suited to retail, hospitality and service businesses with strong card turnover.
How It Works
You receive a lump sum upfront. Repayments are taken automatically as a small percentage of your daily card transactions. When business is slow, you pay less. When it's busy, you pay more. There are no fixed monthly payments.
Who It's Suited For
- • Restaurants, cafés and pubs
- • Retail shops
- • Salons and beauty businesses
- • Any business with consistent card payments