Traditional pub business loans are harder to come by, most are also unattractive to small or medium sized businesses because of their rigidity and strict fixed payment terms.
United Kapital can offer an alternative type of lending which is refreshing due to its flexible approach and efficient repayment process.
Essentially United Kapital offer your pub, bar, night club or other business a merchant cash advance which is repaid through a fixed percentage of every future credit and debit card transaction you take from your customers until the full amount is settled completely. This is an ideal option for any business whether in London, Birmingham, Manchester or anywhere else in the UK that requires finance and who process more than £3,500 in credit and debit card transactions each month.
The cash advance can be used to refurbish your pub or bar, open at a new location or invest in promotion solutions to help get your business off the ground. The merchant cash advance United Kapital offer ranges from £3,500 to £150,000 and the amount you receive depends on your current business activity and payments you receive on credit and debit cards.
The benefit of this type of alternative lending is that you are not charged any early repayment fees and there is no monthly fixed amount to repay, like traditional business loans. The repayment progress can also be checked regularly using simple, secure online facilities which are accessible any time of day.