Cash Advance & Loan Advance

Inject cash into your business the easy way! With your Retail Merchant Services membership, you could be entitled to cash or loan advances with simple, stress-free repayments.

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Introducing YouLend

 

Retail Merchant Services members have access to preferential rates for a cash advance or loan advance through our funding partner, YouLend. It offers simple and stress-free repayment options, designed in a way that doesn't interrupt your cashflow. If you're looking to inject some cash into some much needed areas of your business, then look no further. 

What exactly is a cash advance?

 

Our definition

"An advance payment made to your business from the provider as a lump sum, which is then repaid as an agreed percentage of your future credit and debit card transactions."

  • Access unsecured funding from £2,500-£250,000

  • Repay flexibly through your card machine

  • Get funded in 2-7 days, all costs agreed upfront

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Repay as you earn

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Alternative funding for small business owners

 

  Unsecured funds from £2,500-£250,000*
  Typically 2-7 days from application to funding
  Approval rate much higher than the banks
  Repaid via your card machine as a percentage of future card sales
  All costs are agreed upfront, you only payback as you earn
  No late payments, monthly charges or hidden fees
  85% of customers renew their advance

"Better than a bank!"

A straight forward and easy solution. My business can expand thanks to the advance from YouLend and their partnership with RMS. It’s a nice, simple, and transparent way to work. From our experience, when you are a fairly new business that has grown very fast other lenders don’t want to know. Please speak with these guys, they are better than a bank! - Robert Frew, Mobility Matters Ltd

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What is a loan advance?

 

Through your Retail Merchant Services membership, you can apply for a loan advance with YouLend, which is repaid flexibly by basing payments on a flat percentage of all your future card transactions. A loan advance provides you with a larger borrowing limit and a longer repayment period than a traditional loan. If you're a limited company needing an advance over £250K, this could be the solution for your business. 

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Benefits of a Loan Advance

 

  • Funding from £2,500 - £500,000*
  • Longer repayment period compared to a traditional loan
  • Larger borrowing limit and better pricing options
  • Suitable for Limited companies
  • Repayments proportionate to your income

 

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Some Small Print

 

*Eligibility criteria will apply. Businesses must be trading for a minimum of 4 months. A minimum monthly average of £2,500 in card transaction turnover must be achieved and in some cases proven by the provision of merchant statements. Cash Advances range from £2,500-£250,000 and are based approximately on 100% of your average monthly turnover from card transactions. Loan Advances range from £2,500-£500,000 and are only available to Limited companies. All Cash Advance and Loan Advance applications are processed by our dedicated provider, YouLend.

Get funding now

To start an application for funding or simply to get more information, visit our dedicated partners of Cash & Loan Advance, YouLend.