Merchant Cash Advance - UK

Finance for SMEs in the UK with no fixed payments, fixed terms or security required. The advance is repaid as a percentage of future card sales.

From:

Department for Business and Trade

Published:

28 May 2021

Last updated:

13 February 2024

Show all updates

12 February 2024
How much you can get figure was raised to £400,000; organiser was changed to 365 Finance; Find out more button link was changed to main 365 Finance homepage.
14 March 2022
Changes minimum and maximum amounts available, and minimum debit/credit card takings per month.
28 May 2021
First published.

Type of support:: Finance
Business stage:: Start-ups (1-2 years trading) and Established
Industry:: Health, Hospitality and catering, Travel and leisure and Wholesale and retail
Number of employees:: 0 to 9 employees and 10 to 249 employees
Region:: East Midlands, Eastern, London, North East and North West

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Northern Ireland, Scotland, South East, South West, Wales, West Midlands, and Yorkshire and the Humber

How much you can get

£10,000 to £400,000

UK businesses that have been trading for at least six months, and take at least £10,000 per month in debit and/or credit card sales.

An advance that can be used for any purpose, such as:

365 Finance

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