Q: How can United Kapital help my business?
A: United Kapital provides an innovative way of providing working capital for UK small businesses, as an alternative to traditional bank lending. We look at an asset you may not realise you have, your business' future credit card and debit card sales from its customers.
Q: How easy is it to get approved and funded by United Kapital?
A: 90% of qualified applicants who meet our basic requirements get approved.
Q: How do I know if I qualify?
A: Your business must be operating and process at least £3,500/month in credit / debit card sales from its customers.
Q: How soon can I receive funds?
A: We can typically provide funding in 10 business days or less.
Q: Is a merchant cash advance from United Kapital the same as a traditional business loan?
A: No. A merchant cash advance is not a loan. You sell us your future credit card and debit card sales from your customers at a discount. Each time you settle your credit card transactions an agreed upon percentage will automatically be deducted by the merchant processors and forwarded to us towards the repayment of the advance. This process is repeated until the advance is paid in full.
Q: How much money can my business qualify for?
A: We can advance between £3,500 and £150,000 per outlet. The amount of money you qualify for is typically equal to your monthly credit card and debit card sales.
Q: Are there online customer statements available from United Kapital?
A: Yes, United Kapital customers can securely access online statements from us through our website.
Q: Can I renew / receive additional funds later on?
A: Yes. You must be in good standing, and a certain percentage of the first advance must be paid before you renew.
Q: Will I get a monthly statement from United Kapital?
A: Yes, you will receive a monthly statement from us. You can also view your daily statements online by logging into a private and secure area of the United Kapital Website.
