Funding FAQs

Most eligible cases receive a decision within 24 hours. Once approved and completed, funds can be in your account within 2-3 business days.

We perform a soft credit check to assess eligibility. This does not affect your credit score. A full credit check may be required by the lender if you proceed with a formal application.

Business funding is available from £10,000 to £500,000 depending on your monthly card turnover, business profile, and the type of funding selected.

Our broker relationships often secure preferential rates that aren't available through direct applications. Average 15-25% cheaper factor rates than going direct.

For Merchant Cash Advance products, a small percentage of your daily card sales is collected automatically. For business loans, fixed monthly repayments are made via direct debit.

A factor rate is used instead of an interest rate for merchant cash advances. For example, a factor rate of 1.4 on £20,000 means total repayment of £28,000. Unlike interest, this amount is fixed regardless of how quickly you repay.

Some products require a personal guarantee and some don't. We'll always explain any requirements clearly before you proceed with an application.

Merchant Cash Advance is ideal for seasonal businesses. Repayments flex with your card sales. You pay more when busy and less when quiet, so cash flow stays manageable.

Yes, in many cases. Merchant Cash Advance products are primarily based on your card turnover rather than credit score alone. We assess each case individually.

This depends on the product. Many of our funding options have no early repayment fees. We'll confirm the terms before you proceed.