Flexibility
With flexible repayments, it suits businesses that do not have stable revenues. Repayments are a % of revenue so repayments are lower in quieter revenue months.
the low down
Is a Merchant Cash Advance right for you?
A Merchant Cash Advance (MCA) is a form of unsecured business loan. It’s ideally suited to business with a large proportion of card sales such as retailers and hospitality businesses (bars, restaurants, hotels), because the funding amount is based on the predicted revenue through the terminal.
A lender will provide the business with a fixed amount of finance and, as opposed to it being repaid through a fixed monthly repayment, a percentage of the card sales for that month are taken instead. Having a flexible monthly repayment is ideal for businesses as they are paying a proportion of the revenue they bring in so it should always be affordable – it means that a restaurant, for example, will have lower repayments when they’re quiet (January), and when they’re busier, the repayments will be higher.
Because the lender considers that it has some form of security in an MCA, they can often advance more than a normal business loan and will consider businesses that are less mature or businesses with a lower credit rating.
At Sedulo Funding Solutions, we have access to the whole UK finance market and we make business finance easy.
Fancy booking a call (or meet-up) with our team of experts? We can get you a no-obligation quote.
Speed
Approvals can be very quick and funds can be in the business within a week.
Ease
Due to the “security”, lenders take a more relaxed view on the rest of the business performance such as financials and credit rating.
Simplicity
The payments come out directly from the card machine which makes the entire process more smooth and streamlined.
Calculations Made Easy
Bring your ideas to life, fast
With access to over 150 lenders, we can help make your plans a reality.
Recent deal
Buy to Let Remortgage organised in under four weeks
Funding Stories
Laurence Mills
Read case
Recent deal
High-street commercial term arranged for MOT and Repair Garage
Sedulo reduced the business’s monthly payments by consolidating unsecured debt which was used to purchase the long leasehold of their headquarters.
Funding Stories
Laurence Mills
Read case
Recent deal
£215,000 Asset Finance deal for a large e-commerce business
The garden retailer needed to expand their fleet of vehicles with a number of brand-new vans.
Funding Stories
Carl Finlayson
Read case
Our Answers To Your Questions
We’ve put together a list of common Business Loan FAQs. If there’s something you want to know and you can’t find the answer here, get in touch with our team of finance experts.
To apply for an MCA, you’ll need to provide information about your business, including recent card sales data. The lender will assess your application based on your sales volume and projected future revenue. If approved, you’ll receive a lump sum of cash, and repayments will automatically be deducted from your card sales.
Yes, the funds from a Merchant Cash Advance can be used for a wide variety of business purposes, including purchasing inventory, covering operational expenses, marketing, or even expanding your business. The flexibility in use is one of the key benefits of this type of funding.
The application process for an MCA is typically faster than for traditional loans. Many businesses can receive funding within a few days of applying, making it an attractive option for those needing quick access to capital.
0+
Lenders
A Team Of Finance Experts, On Your Side
Whether you’re looking to obtain funding to take on the next stage of business growth or access working capital to cover costs, it’s important to have a team of experts on your side.
Our experienced funding team operates out of each city centre office in Manchester, Leeds, Liverpool, London and Birmingham. We’re available to meet face-to-face so that we can better understand your business and talk you through your funding options, or we can assist over the phone – whichever you’d prefer!
Speak to an expert and start your business growth journey.
