Merchant cash advance for UK businesses
Explore an advance against eligible card receipts and compare the total repayment and daily collection commitment.
TMS Finance is a credit broker, not a lender.
Access working capital with repayments that move with card takings.
Whether you need funding for stock, wages, equipment, expansion or refinancing, a fixed monthly loan can be difficult when sales rise and fall. A merchant cash advance provides an upfront sum in exchange for an agreed share of future card receipts until the agreed total has been collected.
Review the advance, agreed total repayment, collection percentage, fees and settlement terms. Deductions reduce the card receipts available for other costs.
Ask which credit searches apply before proceeding. Personal guarantees or other obligations may be required.
Provider criteria and approval apply. An enquiry does not guarantee funding.
Why businesses use merchant cash advances
A merchant cash advance can provide funding against future card revenue. The agreed collection percentage is taken from eligible card receipts until the total repayment has been collected.
A clear process from enquiry to funding.
Complete the secure form with your business details, funding amount and loan purpose. We also need you to send us 6 months card-processing statements and bank statements.
We assess your funding requirement, match the enquiry with suitable providers and explain any available options, including the advance amount, total repayment and collection percentage.
Once an advance amount, total repayment and collection percentage is agreed, the advance is paid to the business.
Repayments are collected from eligible card receipts until the agreed total is repaid.
Requirements vary by provider. Start with your recent card-processing and business bank statements.
A merchant cash advance may be a poor fit where card sales are low, margins are tight, the advance would consume too much daily cash or the business needs long-term funding. A business loan or revolving credit facility may cost less where fixed repayments remain affordable.
It is normally structured as an advance against future card receivables rather than a conventional fixed-term loan. The legal structure and terms should be read carefully.
The total repayment is normally fixed, but the amount collected each day or week varies with eligible card sales and the agreed collection percentage.
Collections usually fall with eligible card sales. Check the agreement for minimum payments, reconciliation rules and what counts as a breach
Terms vary. Early settlement may not reduce the cost in the same way as an interest-bearing loan, so confirm the settlement figure before signing.
Tell us the amount, purpose and target date. We will explain the information needed to compare a cash advance with other suitable routes.
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