United Kapital is proud to offer a revolutionary new way of providing finance for small or medium businesses which is unlike any traditional business loan.
Business loans are harder to come by and can be difficult to pay off with fixed monthly payments and early resettlement fees to contend with. Traditional business loans are also usually secured on assets such as your business premises or even your own home.
However, the refreshing new merchant cash advance is based on your business customers future transactions in credit and debit card payments, making it ideal for any outlet throughout the UK which processes these payments such as restaurants, MOT garages, shops and hairdressers.
It works by United Kapital giving you a cash advance for your business. This might be an amount from £3,500 anywhere up to £150,000.
You might use this advance to open a new store, buy extra stock or even increase your marketing or advertising activities. Some people apply for the merchant cash advance to boost cashflow which would otherwise be difficult to achieve.
You then pay this cash advance back on every future credit or debit card transaction which you take from your customers. We agree a fixed percentage of each sale beforehand and this process is repeated until you pay the repayment amount of the advance back in full.
Essentially, you are receiving a cash advance on your business credit or debit card sales which means a more efficient way of borrowing money.
As you can see, our merchant cash advance has various benefits over and above other forms of cash advance loans or business loans. You can keep track of how much you have paid back to United Kapital by accessing your account 24/7 online where you will find daily statements. Unlike traditional bank loans there is no early resettlement fee which means you might pay the loan back sooner than you had anticipated.
The cash advance is also quick to apply for by filling in our application form. Like many of our applicants, if you qualify, you could receive the working capital you need in less than fourteen days. We have a high approval rate for the applications we receive.
To qualify you need to be processing more than £3,500 each month on credit and debit card sales.
After paying off 60% of the advance you can even apply to renew or increase the advance for further funds if you need to, making it a truly flexible finance option.
Wherever your company is based from Manchester to London, or Birmingham to Edinburgh, applying for a working capital cash advance is the newest, most flexible and more efficient way to achieve your business goals!