Business Cash Advance

The  business cash advance (some times known as a merchant cash advance) can be a great option for businesses that operate in the retail, service and hospitality sector- in fact any business that makes regular credit/debit sales through their PDQ machine!

Our Business Cash Advance can get your business up to £100k with repayments automatically working in-line with your daily turnover. If you pay ahead of schedule, you’re not at risk of incurring any early repayment fees. The flexibility of this facility is a great choice for those businesses that have fluctuating sales.

How it works

Repayments are a fixed percentage deduction (usually between 5-15%) of each credit/debit card payment made through your PDQ machine over a 6-12 month period to suit you.

Business Cash Advance Diagram

Why Choose Ashley?

  • We only need 3 months trading history
  • This repayment method works great for seasonal businesses who have a fluctuating turnover
  • Flexible repayments work at the pace of your business
  • Fixed transparent fees, No APR, no early repayment penalty
  • Cash sales remain untouched
  • ‘Top up’ funding available throughout the facility

What type of businesses benefit?

Beauty salons, pubs, independent retailers, grocery stores, dental surgery, MOT garages, restaurants, hotels, B&Bs, take aways, off licenses, nursery’s/day care, vet practices garden centers, bistros, training companies

Minimum criteria:

  • Must be trading minimum 3 months
  • Must have had a PDQ on the premises for at least 3 months
  • Card transactions must be a minimum of £4,600 per month
  • Must own/lease the business premise
  • Business must be based in England or Wales
  • Personal Guarantee may be required