United Kapital recognise how difficult it can be to gain the finance a business requires to obtain vital company goals. Opening a new Restaurant, ordering extra stock or refurbishing premises can be very costly to achieve without the help of a merchant cash advance.
United Kapital’s merchant cash advance is not a business loan. It is a far more flexible, efficient approach to lending which many restaurants and other outlets have benefited from.
To be eligible for the cash advance your business needs to process over £3,500 in credit or debit card transactions every month. The cash advance is repaid to United Kapital, through deducting a small fixed percentage of every credit/debit card transaction which your business takes from customers in the future.
This process is repeated until the cash advance is repaid. After repaying 60% of the advance, you may even be entitled to renew or extend the alternative loan advance further. This easy access to working capital makes it an attractive and innovative lending solution.
Many restaurants across London, Manchester, Birmingham and the rest of the UK have benefitted from United Kapital’s restaurant working capital programme, which is essentially a cash advance on your future credit and debit card transactions. However, any outlet which processes credit or debit cards can benefit from this type of lending such as shops, independent retailers, bars or cafes.
