PDQ Funding – Merchant Cash Advance

PDQ Funding
Business Name: PDQ Funding – Merchant Cash Advance
Business Genre:
Business operating area: United Kingdom
Business Description:

Merchant cash advances are one of the most innovative products in alternative business finance. The concept has only existed for a few years, but it’s already proving very popular with retail businesses and the leisure sector. Put simply, a merchant cash advance uses your card terminal to ‘secure’ lending — perfect for businesses without many assets, but who have a good volume of card transactions every month. Repayments are then taken as a proportion of your revenue, making it a quick and easy funding solution for many SMEs

Merchant cash advances: an example case

  • A restaurant has a fridge break down in the middle of the seasonal boom — it needs to be replaced as quickly as possible
  • Merchant cash advance set up based on the previous months’ sales
  • Funds advanced immediately, so the new equipment is on site within days
  • Repayments made as a percentage of revenue over the remaining seasonal period

 

 

 

Business Website Address: Merchant Cash Advance
Business Contact Email: info@business-fimnance.co

Send Message to listing owner

Listing Title: PDQ Funding – Merchant Cash Advance