A Merchant Cash Advance is NOT A Loan as such and thus does not work in the same way as the normal Loan process.
The benefits of this are multiple, for example.. It does not require a fixed term for payback
There is no fixed fee for payback.. Finally you do not need a perfect credit score to be approved
We offer a great alternative to business loans. If you process a minimum of £3,000 in monthly debit / credit card transactions you could be on your way to receiving up to £500,000 to use for any business expense.
The Cashplus Business Current Account is the low cost alternative to a High Street Business Bank Account.
It comes at just £69 per year – there are no monthly fees. There are also no charges for depositing cash or receiving bank transfers.
In addition, you also receive 3 free outbound bank transfers per month. No credit check required
Instant Online Decision Simple Online Application form
No interview or paper forms required
The account will be in your business’s name, so you’ll be able to invoice clients in your business name as you would with any high street bank.
The account also comes with Online Banking and all the same features you would expect from a High Street Bank, with the exception of a cheque clearing facility and international payments.
What’s more, you don’t need to pass a credit check in order to open the account. Simply apply online in minutes in order to enjoy the benefits
• No monthly fee
• No charge for depositing cash at 14,00 locations
• No charge for setting up Direct Debits
• No charge for inbound Bank Transfers
• Manage Direct Debits, make Bank Transfers & more
• UK Call Centre with top quality customer service
Need a Business Bank Account? A new approach to Business Banking