Lee Jones

Merchant Cash Advance @Pdq Funding - Merchant Cash Advance

London, GB

Merchant cash advances are an alternative business finance. The concept has existed in the UK for about the past ten years, it’s proving fast funding to retail businesses and the hospitality sector. A merchant cash advance uses your PDQ card terminal to secure future lending. This unsecured finance option is perfect for businesses without assets. A business will need to have a good volume of card transactions every month of about is debit and credit card sales. Repayments are then taken as a proportion of your revenue of about 7 - 15% per transaction, making it a quick and easy funding solution for any SMEs in the UK.