Cash Advance & Loan Advance
Generate fast and affordable funding for your business through your card machine. Unsecured business funding from £2,500 - £250,000.
Whether you're a restaurant owner wanting to refurbish, a beauty salon looking to sell the latest product lines or a mechanic in need of new machinery, a Cash Advance is a quick and simple way to raise funding without stretching your overdraft.
- Access unsecured funding from £2,500-£250,000
- Repaid as a flat percentage of your future card transactions
- Fast route to funding, typically 2-7 days from application
Only repay as you earn
As a Retail Merchant Services member, your business may pre-qualify* for a Cash Advance; An advance payment made to your business from a Cash Advance provider as a lump sum, which is then repaid via your card machine as an agreed percentage of your future credit and debit card transactions.
"A Cash Advance can enable you to inject cash into some much-needed areas of your business. Having a percentage taken from the card machine at the end of each day means you will not have to worry about cash flow and finding a monthly amount to cover repayments."
A Cash Advance is contractually unsecured; that's why it's so flexible. As repayments are based on a flat percentage of your future card transactions, your cash flow is left uninterrupted and you will never have a disproportionate repayment compared to your income. There's no such thing as a late payment or monthly fee. You only repay as you earn.
“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!”
- Mr Robert Frew, Mobility Matters Ltd
Fast funding and flexible repayments
- Unsecured funds up to £250k
Up to 100% of your average monthly turnover on card transactions
- The fastest route to funding
Typically 2-7 days from application to receiving funds
- Only repay as you earn
Repaid as an agreed flat percentage of your future card sales
- Online tracking of repayment process
Full transparency of your finance facility
- No hidden fees
No late payments, monthly charges or hidden costs
- Easy to renew
85% of customers renew their advance
Loan Advances up to £500,000*
If you’re a Limited company looking for an advance in excess of £250,000, a Loan Advance may be the product you're looking for.
A Loan Advance is a loan that’s repaid flexibly based on a flat percentage of all your future card transactions, with maturity fixed at 1.5 times the expected repayment time. Offering you a larger borrowing limit and a much longer repayment period compared to traditional loans.
- 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
To apply for a Cash Advance or Loan Advance with preferential rates from our funding partner YouLend, simply click below.
*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.