How does it work?
It's really very straightforward. You simply sell a set amount of your future credit and debit card income for an agreed cash price, which you receive up front. The sold amount is then taken automatically as a percentage of your daily card transactions. If that takes longer than expected because business is a bit slow, so be it. If it happens more quickly because business is good, so be it. You will receive monthly statement so you always know exactly where you are and the total amount you pay for your cash will never change.
Quick & Straightforward
Moneyspring could help you get the cash you need without endless hassle and red tape.
- Cash advances from £3,500 to £100,000, depending on your monthly card transactions
- Simple application and approval process – no time consuming face-to-face meetings
- No upfront fees
- Quick decision
- No audited accounts needed
- No security required
- Cash usually available within 10 working days
Gentle on your cashflow
Moneyspring could help you get cash that is totally sympathetic to the flow of your business.
- No fixed monthly payments – your payments flex with your income
- No fixed term
- No late payment charges
- No early settlement charges
- You know upfront exactly how much you will pay
Cash for the things you need
Moneyspring could help you get cash for virtually anything you need
- Extra working capital
- New equipment
- Pay suppliers up front to get discounts
- Improve or expand your premises
- Buy new furniture
- Fund payroll or VAT
- New stock
- Advertising and marketing
- Buying out a business partner
