Merchant Cash Advance
A Flexible Funding Solution Linked To Your Card Sales
Need fast, flexible funding for your business? Tower Leasing offers merchant cash advances based on your card sales – with quick approvals, high acceptance rates, and no homeowner guarantees required.
Access funding from £5,000 to £1,000,000 – typically up to 2x your monthly card sales.
Still have more questions about MCAs?
What is Merchant Cash Advance & How Does it Work in the UK?
A merchant cash advance (MCA) lets you access fast business funding based on your card sales. Unlike traditional loans, you repay a fixed percentage of your daily card takings – so you repay as you earn, with no fixed monthly bills, no set up fees and no early repayment penalties!
Perfect for businesses that need quick access to capital without the hassle of lengthy loan applications, collateral requirements or homeowner guarantees.
The Simple 3-Step MCA Application Process
1. Apply Online in Minutes
Fill out our simple form with your basic business info.
2. Get a Quick Decision
We’ll review your application and give you a decision in as little as 24 hours.
3. Receive Your Funds
Quick and easy release of funding to help your business grow.
How Much Can I Borrow with an MCA?
Borrow up to 2x your monthly card sales, with flexible funding between £5,000 and £1,000,000.
Example: If your average monthly card sales are £10,000, you could access up to £20,000.
Once you have repaid 50% of it, you can also top up too – making it a go to perpetual funding vehicle if needed.
What Can You Use a Merchant Cash Advance For?
You can use MCAs for absolutely any business purpose. This may include:
- Working capital to improve cash flow
- Paying a tax bill
- Emergency repairs
- Purchasing new stock
- Financing new equipment and vehicles
- Acquiring a new or updating your existing premises
- Hiring new staff
- Expanding your marketing
- Any other business purpose
Merchant Cash Advance Repayments Explained
One of the biggest benefits of a merchant cash advance from Tower Leasing is its simplicity and flexibility. There are no upfront fees, no fixed repayment schedules, and no penalties for slower months.
Instead of making set monthly payments like with a traditional loan, you repay a small, agreed-upon percentage of your daily card sales. This means your repayments naturally adjust with your business activity on a ‘repay-as-you-earn’ model:
Busy periods? You’ll repay faster.
Quieter times? You’ll repay less – with no additional fees.
Example: How Your MCA Could Work
We customise every offer to fit your business, but here’s an example of what a typical advance might look like:
Funding Received – £10,000
Repayment Rate – 10% of your daily card revenue
Average Monthly Card Sales – £20,000
Estimated Monthly Repayment – £2,000
Total to Repay – £12,000
Estimated Repayment Period – Around 6 months
*This is a guide only. The actual cost of your merchant cash advance depends on your unique business profile. We’ll provide you with a clear, tailored quote upfront, with no surprises or hidden charges.
Most businesses repay their advance over a period of 6 to 12 months, but the timeline depends on your sales volume.
Which businesses are best suited for Merchant Cash Advances?
Our merchant cash advance is perfect for businesses that regularly process card payments. This might include:
Retail shops & boutiques
Restaurants & cafés
Takeaway restaurants
Salons, barbers, and spas
E-commerce stores
Hospitality businesses
Who Qualifies for a Merchant Cash Advance?
You could be approved for a Merchant Cash Advance if your business:
Has been trading for 3 months or more.
You take at least £5,000/month in card payments.
You can provide 3 – 12 months bank statements (or Open Banking).
You’re a UK-based business.
Key Benefits of a Merchant Cash Advance for UK Businesses
Fast Approvals – Decisions in as little as 24 hours.
High Acceptances – 90% of applications are approved for funding.
Borrow Up to 2x Monthly Card Sales – Funding from £5,000 to £1,000,000.
No Homeowner Guarantees Required – Your personal assets are protected.
Top-Ups Available – Same day top-ups after 60% is repaid. Generally, for a higher amount if needed – as you are then an established customer.
Low Admin, Simple Process – Limited paperwork and quick online application.
85% Renewal Rate – Trusted by UK businesses with 85% of customers returning for top-ups.
Why UK Businesses Trust Tower Leasing for Finance
Over 30 years’ experience as a trusted finance partner.
Supported 50,000+ UK-based SMEs and counting.
Dedicated account manager for personalised, expert service.
Transparent, honest, and committed to helping your business grow.
Ready to Unlock Fast, Flexible Business Funding Today?
Join thousands of UK businesses who’ve secured fast, flexible funding with Tower Leasing. Submit a free, no obligation application today and see how much you could borrow.
Frequently Asked Questions
What is a merchant cash advance?
A merchant cash advance is a type of flexible business funding based on your future card payment revenue. You receive a lump sum upfront and repay a percentage of your daily credit or debit card sales, making it ideal for businesses with regular card transactions.
How much can I borrow?
You can borrow between £5,000 and £1,000,000, depending on your average monthly card turnover. Typically, you can access 1-2x times your monthly card sales.
How long does it take to get approved?
Approvals are fast – most businesses receive a decision within 24 hours of submitting a complete application.
How quickly will I receive the funds?
Once approved, funds are usually transferred to your account within 2 to 14 days, depending on your business profile and processing time.
How long do I have to repay the advance?
Most merchant cash advances are repaid within 6 to 12 months. Repayments are based on your daily card sales, so they adjust with your business performance.
Do I need to own a property or provide collateral?
No, you do not need to own property or provide any collateral. A merchant cash advance is unsecured, meaning it’s based solely on your business’s card sales, with no homeowner guarantees or assets required.
What are the costs involved in a merchant cash advance?
Costs typically include a fixed fee of the advance amount. There are no hidden charges, and the exact cost depends on your business’s credit profile and card turnover. Once we have underwritten you we will be able to provide exact costs for the various options.
Is a merchant cash advance suitable for all types of businesses?
Merchant cash advances are ideal for businesses that process regular card payments, such as retailers, restaurants, salons, and e-commerce stores.
Will taking a merchant cash advance affect my credit score?
A merchant cash advance usually doesn’t affect your personal credit score, but we may perform a soft business credit check as part of the approval process.