Tell us what you need
A few short questions about the funding and your business. About two minutes, with no credit search.
Merchant cash advance Merchant cash advance.
Merchant cash advance.
Repayments that follow your takings.
An advance against your future card takings, repaid as a share of each sale. A quieter month means a smaller repayment.
Whole of marketNo credit search to start
See my merchant cash advance matches ↗ At a glance
Merchant cash advance on our panel
- Amounts on the panel
- £5,000 to £500,000 From the lenders on our panel, leaving out the smallest and largest tenth of products.
- Factor rates on the panel
- 1.15 to 1.60 The total repaid as a multiple of the advance.
- Usually repaid within
- 12 months Sooner in busy months, later in quiet ones.
Indicative only. Your terms depend on your business and each lender's criteria.
What it is
Merchant cash advance, explained.
A merchant cash advance gives you a lump sum now in return for a share of your future card sales. Repayments are taken automatically as a set percentage of your card takings until the agreed total is repaid.
The cost is a factor rate, a fixed multiple of the advance agreed at the start. A factor rate of 1.2 on £10,000 means £12,000 repaid in total. Factor rates on our panel range from 1.15 to 1.60.
Who it suits
- Retailers, restaurants, cafes, bars, salons and others that take card payments
- Businesses with seasonal or uneven sales
- Owners who want repayments that move with trading
- Businesses that may not suit a traditional loan
How it works
From question to options.
We arrange a merchant cash advance by sourcing lenders from across the whole of the market. You stay in control of every decision.
See your options
We match your answers against lenders on our panel and show indicative terms for your business.
A broker takes it forward
A broker goes through your options, gathers your card statements and what the lender needs, and takes your application to the lender you choose.
Good to know
Merchant cash advance, answered.
How is a merchant cash advance repaid?
Through your card takings. An agreed percentage of each card sale goes to the lender until the total is repaid, so repayments rise and fall with your sales.
What is a factor rate?
It is the total you repay as a multiple of the advance, agreed at the start. Factor rates on our panel range from 1.15 to 1.60, depending on the lender and your business.
How much can I get?
Advances are sized on your average monthly card takings. Across our panel they run from £5,000 to £500,000.
How long does it take to repay?
There is no fixed monthly payment. Lenders on our panel usually expect the advance to be repaid within 12 months, sooner if your takings are strong.
Do I need a good credit score?
Lenders look mainly at your card takings and trading history, so a merchant cash advance can suit businesses with a less than perfect credit history. Each lender sets its own criteria.
Is Kyma the lender?
No. Kyma Business Finance is a credit broker, not a lender. We source options from lenders across the whole of the market and take your application to the lender you choose.
Tell us what you need.
See your terms in 2 minutes.
Indicative merchant cash advance terms from lenders across the whole of the market.
See my merchant cash advance matches ↗No credit search to startWhole of market
