Many small to medium hotels and other outlets such as restaurants, bars, cafes and bistros struggle to raise the finance they require to successfully expand their business.
Vital funds may be required to help with:
Traditional bank loans are not only difficult to obtain, but imply strict payment terms and rigid repayment structures.
This is why a type of alternative lending has been developed from United Kapital, who can offer a merchant cash advance anywhere up to £150,000 on any hotel or outlets in Manchester, Birmingham, London and all over the UK that accepts credit or debit card transactions regularly.
The merchant cash advance works by evaluating your businesses most recent credit and debit card statements. United Kapital looks to advance up to one month's average credit and debit card sales. The repayment process is totally automated through our card processing provider. We take a pre-agreed percentage of your future credit and debit card sales until your balance is cleared.
“The Merchant Cash Advance has allowed me to undertake work on the property and transformed my business. This has left me with refreshed ambitions for the future of the hotel, restaurant and bar.”
- Margret Dougan, The Station Hotel
This type of alternative and refreshing lending is therefore far more efficient and flexible than more traditional bank loans, whilst still supplying the valuable finance required for whatever the business need
