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Merchant cash advance

An advance repaid as a fixed percentage of your card takings, so repayments rise and fall with sales. Priced as a factor rate or fixed fee, not an APR.

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Edited by Reviewed

Providers compared
6each read on its own website
Publish a headline rate or cost
1 of 6the rest price per business
Latest check
1 Nov 2026oldest figure 13 Oct 2026, date shown on every card

How it works

You receive a lump sum and repay it as a fixed percentage of your card takings (the holdback), so you repay more on busy days and less on quiet ones. The cost is fixed at the start, as a factor rate or a single fixed fee: borrow £10,000 at a factor of 1.2 and you repay £12,000, however long it takes. Some card-terminal providers offer a version to their own merchants, repaid straight from settlements.

A person holding a blank credit card near a payment terminal on orange

Compare merchant cash advance providers

Sourced from each provider’s own website, with the link and the date on every card.

365 Finance (365 Business Finance Limited)

Alternative lender

Source: 365finance.co.ukchecked 2026-10-13

Product: Merchant cash advance (Rev&U revenue-based finance)

Amount
£10,000 and £500,000
Repayment
Typically between 5% and 15% of your card sales
Repaid over
Typically repaid within 5 to 10 months
Cost
Priced per quote
Fees, eligibility and full wording
Fees
one, upfront cost that never changes; no APR, hidden fees or late penalties
Speed
Approval within 24 hours
Eligibility
at least £10,000 per month in card sales and trading for at least 6 months

Liberis

Alternative lender

Source: liberis.comchecked 2026-11-01

Product: Business cash advance via partner platforms (Starter Capital, Working Capital, Flex Capital, Investment Capital)

Amount
Working Capital up to £1m per advance; Flex Capital up to £2m limit
Repayment
Paid with % of future revenue
Repaid over
Not published
Cost
Priced per quote
Fees, eligibility and full wording
Fees
Not published
Speed
Fastest time to funds (< 24 hours)
Eligibility
Working Capital eligibility from £500 / month; Flex Capital from £5,000 / month
Amount in full
Working Capital up to £1m per advance; Flex Capital up to £2m limit

Sedge Funding

Alternative lender

Source: sedgefunding.co.ukchecked 2026-11-01

Product: Merchant cash advance

Amount
Up to 150% of your monthly card turnover
Repayment
Not published
Repaid over
Not published
Cost
Priced per quote
Fees, eligibility and full wording
Fees
cost calculated on a factor rate (figure not published)
Speed
decision in principle within just 24 hours
Eligibility
based on average monthly card takings over the last six months

SumUp

Card provider

Source: sumup.comchecked 2026-11-01

Product: SumUp Cash Advance, repaid from SumUp card sales

Amount
Not published
Repayment
Fixed percentage of SumUp card sales (figure not published)
Repaid over
Within the agreed repayment period
Cost
Priced per quote
Fees, eligibility and full wording
Fees
a fixed fee upfront based on the size of the cash advance offer
Speed
Receive your money in 2 working days
Eligibility
Only merchants who are offered a SumUp Cash Advance can request funding

Square (Squareup Europe Ltd)

Card provider

Source: squareup.comchecked 2026-11-01

Product: Square Loans, fixed-fee loan repaid from a percentage of daily Square sales

Amount
Typical loan offers are £10,000
Repayment
Typically 17.25% of your daily Square sales
Repaid over
18 months to pay off your loan
Cost
18.90% APR (typical offer: £10,000 with a fee of £1,325)
Fees, eligibility and full wording
Fees
one fixed fee; no interest rate
Speed
get your money in days, not weeks, if approved
Eligibility
Square customers operating under a company or corporation; offers made when eligible

Wayflyer

Alternative lender

Source: wayflyer.comchecked 2026-11-01

Product: Revenue-based Cash Advance or Term Loan

Amount
£10,000 to £20 million
Repayment
A percentage of revenue with a Cash Advance (figure not published)
Repaid over
Not published
Cost
Priced per quote
Fees, eligibility and full wording
Fees
a single fixed fee, agreed upfront; no origination, prepayment, late payment or hidden fees
Speed
a decision in as little as 24 hours
Eligibility
at least 6 months of trading history, £10,000+ in monthly sales, incorporated in a supported country including the UK
Repayment in full
a percentage of revenue with a Cash Advance (figure not published)

6 providers, each read on its own website on the date shown. 1 of them publish a headline rate or cost. “Not published” and “Priced per quote” mean exactly that: the provider does not state the figure, so we do not estimate one.

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Provider names and logos are trademarks of their respective owners, shown only to identify each provider. No endorsement or commercial relationship with any lender shown.

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Put in an amount, a rate and a term and see the monthly repayment, the total repayable and the interest, month by month. Illustrative, free, and nothing is collected.

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The cost, annualised

Because the fee is fixed, the faster you repay the higher the effective annual cost. A fee of 12% repaid over six months costs far more, per year, than the same fee on a loan over two years. Square is the one provider here that publishes an APR for its typical offer; for the rest, ask for the total repayable and estimate how long your takings will take to clear it.

Who it suits

Businesses with strong card sales and uneven income, such as hospitality and retail, that value repayments flexing with trade over the lowest price. Note that merchant cash advances are generally not regulated by the FCA, because they are structured as a purchase of future receivables rather than a loan.

Frequently asked questions

What is a factor rate?

A multiple of the amount advanced that sets the total you repay. A 1.2 factor on £10,000 means £12,000 to repay. It is not an interest rate, and it does not change if you take longer to repay.

Is a merchant cash advance regulated?

Usually not by the FCA, because it is typically structured as buying a share of future card takings rather than lending. Square states on its own page that Square Loans is not regulated by the FCA.

How much can I get?

Providers base the advance on your monthly card turnover. Where a provider publishes a range or a multiple of turnover, it is in the table.

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