Merchant cash advance in Leeds.
Leeds is a card-first city. From the bars and restaurants around Call Lane and Greek Street, to Trinity and Victoria Quarter retail, to the cafes and salons in Headingley, Chapel Allerton and Roundhay, almost everything settles on a terminal. A merchant cash advance (MCA) lets independent Leeds operators turn that card flow into working capital, repaid as a share of daily takings rather than a fixed monthly bill. The student and professional crowd produces strong evening and weekend trade, which is exactly the pattern MCA is designed to match.
How a merchant cash advance works.
A merchant cash advance (MCA), also called a PDQ cash advance or card machine loan, gives your business an upfront lump sum repaid as a small percentage of your daily card takings. There is no fixed monthly repayment and no interest rate, just one fixed cost agreed upfront. MCA is commercial finance, business-to-business, and is unsecured against business assets. Most lenders ask for a personal guarantee from a director.
- Advance£10,000 to £1,000,000
- Fixed cost1.10 to 1.50
- Term3 to 18 months
- Daily repayment10% to 22% of card takings
- DecisionTypically 24 to 48 hours
Eligibility.
- Sole traders and UK limited companies.
- At least 6 months trading history.
- Active card machine (PDQ terminal) or online card processor.
- Typically 6 to 12 months of card transaction data shared with lenders.
Eligibility differs by lender. We compare a panel of UK MCA funders on your behalf to find the right fit.
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