What can a merchant cash advance be used for?

There are no restrictions on the uses of a merchant cash advance, meaning funds can be used for a variety of requirements, including:

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Inventory and supply purchases

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Expansion or renovation

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Equipment upgrades or repairs

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Debt consolidation

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Marketing and advertising

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Paying staff wages

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Cash flow management

Unexpected costs

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Merchant Cash Advance Solutions from Millbrook | Shop transaction

What is a merchant cash advance?

Different from a traditional loan, a merchant cash advance (MCA) is based on revenue taken through a business' card machines. A lender will provide a lump sum of cash to a business in exchange for a small percentage of its revenue streams.

Apply for a merchant cash advance - tick iconProtect your cash flow

What can a merchant cash advance be used for?

There are no restrictions on the uses of a merchant cash advance, meaning funds can be used for a variety of requirements, including:

green-check

Inventory and supply purchases

green-check

Expansion or renovation

green-check

Equipment upgrades or repairs

green-check

Debt consolidation

green-check

Marketing and advertising

green-check

Paying staff wages

green-check

Cash flow management

Unexpected costs

See our success stories Browse Millbrook's success stories - arrow icon

How can a merchant cash advance help your business?

Merchant cash advances are a quick and easy solution for any retail business' working capital needs. At Millbrook, we can secure you the best solution, tailored to your needs, at the most competitive rates.

This type of loan helps you to manage your cash flow efficiently and is ideal for businesses with minimal assets and in which most earnings come from card transactions.

Get a merchant cash advance Apply for a merchant cash advance - arrow icon

Fast financing

Merchant cash advances offer fast access to funding, making it an attractive option for businesses in need of cash quickly. 

Easy application process

The application process is typically quick and simple, often requiring only basic information, such as the business sales volume.

No collateral required

No collateral required, lowering the risk for businesses that may not have sufficient assets to offer as collateral.

Flexible payments

Repayment terms are typically based on a percentage of sales volume, allowing businesses to make payments that align with their cash flow.

No restrictions on use of funds

You won't have restrictions on how funds are used, meaning you have the freedom to use the money as you see fit for your business operations.

No credit score requirements

Approval is typically based on the business' sales volume, providing an option for businesses with less-than-stellar credit.

Potential for repeat funding

After an MCA is repaid, businesses may be eligible for additional funding from the same lender, providing an ongoing source of working capital.

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Helping businesses like yours

 

We understand building a successful business can take years of dedication, be a lifelong dream or require a lightbulb moment to make it a reality. We focus on your finance, so you can make the magic happen. 

£100k merchant cash advance for a much-loved pub

A family-run gastro pub wanted to consolidate debt to reduce monthly repayments and to smooth cash flow during seasonal fluctuations.

white check icon MCA repayments flexible to business performance
white check icon Monthly cost savings on reduced repayments
white check icon Provided a credit score boost!

Philip Booth

Business Finance Specialist

Green quote mark TrustPilot Badge - Excellent Rating | Millbrook Business Finance

Fantastic service from Philip, honestly, from the start. He didn't get my hopes up for anything unachievable and listened to my issues and opinions. Good communication is absolutely key to me, no matter the outcome, and Philip was excellent at that.

Philip Booth

Business Finance Specialist

Philip Booth | Business Finance Specialist at Millbrook

Why Millbrook Business Finance is different

 

Whichever sector your business operates in, our merchant cash advances can help you maintain your working capital despite card payment processing delays.

Rapid funding icon

Rapid
funding

Repayments icon

Repayments are a
percentage of revenue

No collateral icon

No collateral
required

Credit score icon

Credit score is not a
determining factor

Funds access icon

No restrictions on
use of funds

Daily repayments icon

Daily repayments
available

Apply for a merchant cash advance

 

Keep accepting card payments without it affecting your cash flow. Get the right merchant cash advance solution for your working capital needs.

Start your application for a merchant cash advance - tick icon Start your application

Need a different business finance solution?

Millbrook does more than just merchant cash advances. We have an array of flexible business financing options to meet any requirement. Head to our solutions overview page or browse the options below.

BUSINESS LOANS

Get fast unsecured and secured business loans from £25k–£25m.

check-dark-green For any business purpose
check-dark-green Up to 10 years repayment terms
check-dark-green Funding approved within 8 hours
Learn more

RECOVERY LOAN SCHEME

Recover from the pandemic with this government-backed initiative.

check-dark-green 70% government backed
check-dark-green Up to £2m per business
check-dark-green Available in addition to CBILs & BBLs
Learn more

ASSET & EQUIPMENT FINANCE

Support your business growth without impacting your cash flow.

check-dark-green Purchase any asset
check-dark-green Simple application process
check-dark-green Repayment terms up to 7 years
Learn more

VEHICLE FINANCE

Fund any vehicle purchases, from vans and lorries to supercars.

check-dark-green Flexible deposits available
check-dark-green Tailored balloon payments
check-dark-green Hire purchase, lease or refinance
Learn more

REFINANCE

Release cash equity from equipment or obtain better terms on existing finance agreements.

check-dark-green Release cash from your equipment
check-dark-green Obtain improved finance terms
check-dark-green Great for debt consolidation
Learn more

MERCHANT CASH ADVANCE

Quickly raise working capital against your company's card sales.

check-dark-green No interest rate or fixed repayments
check-dark-green Borrow up to double your monthly card sales
check-dark-green 90% approval rate
Learn more

COMMERCIAL PROPERTY FINANCE

Get quick access to property-related finance.

check-dark-green Repayment up to 30 years
check-dark-green Interest-only products available
check-dark-green 80% LTV or 100% with security
Learn more

INVOICE FINANCE

Unlock funds tied up in outstanding invoices.

check-dark-green Up to 90% of invoices’ value
check-dark-green Your facility grows with you
check-dark-green Fast and simple to release cash
Learn more

Need help choosing the right finance solution for your business?

Business finance can be complicated. To help you make sense of the options available, we've created this handy interactive Business Finance Checklist.

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