Merchant Cash Advance - Pinks Asset Finance

Smart Funding, Real Results

Merchant Cash Advance:

Flexible Funding Aligned with Your Sales At Pinks Asset Finance, we understand that traditional loans aren’t always the perfect fit for every business. That’s why we offer Merchant Cash Advances (MCAs) – a flexible financing solution that aligns with your daily card sales, providing you with the capital you need without the constraints of conventional lending.

What Is a Merchant Cash Advance?

A Merchant Cash Advance is a type of unsecured, short-term business financing. Instead of fixed monthly repayments, you repay the advance through a percentage of your daily card sales. This means repayments flex with your revenue – higher on busy days, lower when things are quieter.

business funding solutions

Traditional Bank Loans

Why Choose a Merchant Cash Advance?

Speedy Access to Funds:
Once approved, funds can be in your account within 48 hours.
Flexible Repayments:
Repayments adjust based on your daily card sales, easing pressure during slower periods.
No Collateral Required:
MCAs are unsecured, so you don't need to put up assets as security.
Simple Application Process:
Minimal paperwork and quick decisions make MCAs accessible, even for businesses with less-than-perfect credit.

How does it work?

Apply:
Provide recent financial statements and card processing history.
Assessment:
We'll evaluate your eligibility, typically offering advances between 100% and 120% of your monthly card sales.
Funding:
Upon approval, receive funds directly into your account.
Repayment:
A fixed percentage of your daily card sales automatically goes towards repaying the advance.

Understanding the Costs

MCAs use a “factor rate” instead of traditional interest rates. For example, a factor rate of 1.1 on a £10,000 advance means you’ll repay £11,000 in total. Repayment percentages typically range from 10% to 20% of your daily card sales, making it a manageable and predictable expense.

Let's discuss how a Merchant Cash Advance can benefit your business. Contact Chris at Pinks Asset Finance today, and let's find the right funding solution tailored to your needs.

Smart Funding, Real Results