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) and Established
Industry:
Health, Hospitality and catering, Travel and leisure and Wholesale and retail
Number of employees:
0 to 9 employees and 10 to 249 employees
Region:
East Midlands, Eastern, London, North East and North West
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Northern Ireland, Scotland, South East, South West, Wales, West Midlands, and 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

Updates to this page

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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