Businesses all over the UK are growing thanks to business and merchant cash advances
When it comes to obtaining a business or Company Loan, many business owners look to high street lenders and banks as their only funding option. But recently banks have implemented a rigorous standardised credit scoring system, making it difficult for many SMEs (Small Medium Enterprises) to secure the finance they so desperately need.
Small Businesses often require access to capital for all sorts of costs such as purchasing new equipment, carrying out refurbishments, hiring more staff or investing in marketing. And if your application has been rejected by the bank, you might think that your business’ success is in jeopardy if you can’t finance these necessary expenses.
Luckily, there is an alternative finance source available – a business cash advance from Liberis.
Why a business cash advance is a safer alternative
Cash advances are a quick and easy alternative to conventional bank loans. You could receive a cash injection of between £2,500 and £300,000, which can cater for all your business needs. A business cash advance is a Source Of Cash available to your business based on bringing forward your future credit and debit card sales. It’s repaid flexibly via a pre-agreed percentage of the business’ card transactions, so it will never interrupt your cash flow and there’s no such thing as a late payment. This is ideal if you run a seasonal business and your cash flow isn’t as strong in the quieter months, as you’ll make repayments relative to your income.
Your home will never be at risk with a Business Cash Advance, as it's unsecured. There are no restrictions on how you spend your funds either. We’re here to help boost your cash flow, not tell you how to run your business.
Why you should choose a Liberis Business Cash Advance
To be eligible, all we ask is that you’ve been in business for over 4 months, and accept a minimum of £2,500 of card transactions a month.
Here are the other benefits:
- Apply in minutes for £2,500 – £300,000 and get a decision in as little as 24 hours
- You pay back only when you earn
- Clear cost agreed upfront (no APR)
- No hidden fees, charges or costs
- No monthly penalties as there is no such thing as a late payment
- Over 75% of businesses are approved for cash advances via our simple and hassle-free application
- You can rest easy, knowing that we are supported by the UK Government
With some finance providers it can take a while to hear if your loan application has been accepted, but at Liberis there’s no lengthy application process. If you’re looking for a quick loan alternative we can often make a decision in principle for you on the phone, there and then. Providing we have the information we need, you can have a final decision in as little as 24 hours. Calculate Your Eligibility, apply for your business cash advance and finance your future now.
How it works
Our business cash advance is an advance of cash based upon future credit and debit card sales and you'll repay via a pre-agreed percentage of your business' card transactions.
As payback is directly linked to card takings, you'll only pay back your advance when your business earns. And unlike many other forms of business funding, company or personal assets aren’t required.
What’s more, if the cash advance takes longer to pay off, the originally agreed repayment cost remains the same. No penalties or fees are added, because there’s no such thing as late payment. A business cash advance is there to boost capital when you need it most.