Paymentschimp is one of the fastest-growing cash advance specialists in the United Kingdom to provide our clients with immediate unsecured business financing (from£2,500 to£250,000). A Merchant Cash Advance is quickly becoming the most open and efficient way to obtain working capital against your card terminal while paying back a small percentage of regular card sales to the advance; so when sales are down, you pay back less and when sales are up, you pay back more. Finance for your business that is cost-effective, easy to receive, and simple to repay!
How it works...
Get a Paymentschimp Business Cash Advance between £2500 and £200,000 for your business
as unsecured finance within as little as 48 hrs. Only repay when your
customers are paying by debit or credit card.
Simple application process, 90% approval rate
Raise between £2,500 and £200,000
No fixed term or set monthly payments
No security or business plan required
Payback only when you take card payments
Can sit alongside Covi-19 Government Loans
Get a Paymentschimp Business Cash Advance between £2500 and £200,000 for your business as unsecured finance within as little as 48 hrs. Only repay when your customers are paying by debit or credit card. Repayments are simple and agreed as a small percentage of your card sales. No minimum repayment & No APR.
SIMPLE APPLICATION PROCESS, 90% APPROVAL RATE
YOUR OWN DEDICATED RELATIONSHIP MANAGER
RAISE BETWEEN £1,500 AND £200,000
NO ADMIN FEES OR HIDDEN EXTRAS
PAYBACK WHEN YOU SELL
NO SECURITY OR BUSINESS PLAN REQUIRED
ONE SIMPLE ALL-INCLUSIVE COST
The application process from start to finish is pain-free and does not affect your credit rating. You could be approved in as little as 48 hrs!
Complete A Simple Application Form
Be Allocated Your Own Dedicated Relationship Manager
A merchant cash advance is an unsecured provision of funds to a business based on their monthly average takings from their credit/debit card terminal. The advance plus a factor rate “fee” is paid back as a daily percentage of credit/debit card takings until full repayment.
90% of qualified applicants who meet our basic requirements get approved. Our expert account managers will guide you through the full process from qualification, through to the paperwork requirements, right up to receiving your funds.
We can usually approve your application and deliver your funding within 48 hours. But, the speed of the process generally depends on how quickly we receive applications and supporting information. The faster you send them back, the faster we can process your funds.
"Honestly, Is it really that simple?"
Setting up a Merchant Cash Advance is very easy with Paymentschimp and you can use funding for a whole host of different reasons. All you need is a card machine.