Minimal Information | Fast Approval | Flexible Instalments | Short-term Finance
Bank loan applications can be a lengthy, arduous process that makes borrowing money difficult.
CardFunds are ideal for businesses that process payments through a card machine and/or online payment system. An advance is a fast and flexible way to raise capital for your business. It immediately injects funds into your bank account, eradicating the long processing times for more traditional intrusive bank loans, making it an ideal solution for small businesses.
There are no APR or fixed repayment terms to worry about – instead, you’ll receive simple, easy-to-understand funding that’s designed to help you successfully run your business.
Also, once you have a cash advance facility in place, you can easily renew and top up your funds.
Contact us and get a FREE quote now!
www.cardfunds.co.uk
01234 860617
Funding your business
was never simpler
Cash Advances
from CardFunds
Cash-in on your
upcoming sales in advance
Providing that your business has a track record of at least 6 months of sustained card sales, you can trade your future transactions at discount, for a one-time fee. Advances can be as low as £5,000, up to a ceiling determined by your average monthly card turnover.
Subsequent repayments are proportional to ongoing daily sales volumes, making budgeting a no-brainer. Usually, the repayment term is scheduled over a period of less than 12 months. Adverse credit is accepted.
Thinking of
seasonal growth
or expansion?
Raising finance is no longer the tough process of going cap in hand to your bank. Generating capital should be a quick and easy process, enabling you to get on with what you do best – running your business.
As a business that accepts credit and debit cards, a CardFunds advance can provide access to short-term funds QUICKLY.
Cash-in on your
upcoming sales in advance
Providing that your business has a track record of at least 6 months of sustained card sales, you can trade your future transactions at discount, for a one-time fee. Advances can be as low as £5,000, up to a ceiling determined by your average monthly card turnover.
Subsequent repayments are proportional to ongoing daily sales volumes, making budgeting a no-brainer. Usually, the repayment term is scheduled over a period of less than 12 months. Adverse credit is accepted.
Thinking of
seasonal growth
or expansion?
Raising finance is no longer the tough process of going cap in hand to your bank. Generating capital should be a quick and easy process, enabling you to get on with what you do best – running your business.
As a business that accepts credit and debit cards, a CardFunds advance can provide access to short-term funds QUICKLY.
Into the Detail
The finance is a purchase of future card sales at a predetermined agreed rate. We calculate your seasonally adjusted turnover and the lender will offer you a sum linked to a fee and repayment percentage. The advance is intended to be a short-term facility, but you can always renew or top-up, even part-way through.
For example, if you are approved for a £50,000 advance at a factor rate of 1.15 you would repay £57,500. No other interest or late fees apply. Repayment would be agreed at a fixed percentage of card sales – say 15%. This would be set up with your card acquirer/processor, and automatically deducted from your card settlement without you having to make any transactions yourself. As the percentage is fixed, the amount deducted will fluctuate in proportion to your daily sales – so always maintaining a fixed margin – in this example 85%. (The rates shown here are for illustration only – your tailored quote will reflect your business turnover and seasonal performance).
Qualify
If you have traded for a minimum of 6 months and accept credit/debit cards with an average turnover of min £3.5k/month, you could EASILY qualify for an unsecured advance of between £5,000 and £200,000.
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We don’t judge your business, and only ensure that your current turnover can afford the repayment.
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We understand seasonality, and that’s why we average your sales.
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No security or business plans are required.
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No APR or fixed monthly payments. This is not a loan.
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Over 90% of applications are approved.
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In-principle approval within a few hours
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If your credit history is not the best or your application has been rejected by the bank, your business could still be eligible for CardFunds. Don’t delay, apply today.
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Requesting a quote will not affect your credit score.
There are no application fees, admin charges, late fees or hidden extras.