It aims to provide an alternative source of finance to the usual bank loans and other lending resources. The process should be completed within minutes after the application is sent.
| Repayments of the loan will be calculated as a percentage of the new sales figures. This means that businesses that are struggling will not have to use up their reserved funds. The firm who is owned by online retailer EBay, said it would only recoup money when firms sell through PayPal services. The cash advances will be approved based upon customer history and will not require a credit check. Businesses will pay a single fee for the advance The scheme has already being successful in America having already provided the equivalent of £82 million in financial advances to US small businesses since September last year. |
Our Services
-
Cloud Accounting
If your business is growing, then you may need to access some sort of finance product to facilitate your growth. With so many products available, it can be bewildering. How do you work out how much you need, for how long and which product/or products are right for you?
-
Access to Finance
If your business is growing, then you may need to access some sort of finance product to facilitate your growth. With so many products available, it can be bewildering. How do you work out how much you need, for how long and which product/or products are right for you?
Pop in or give us a call
We'd love to hear from you
When it comes to supporting small enterprises, helping them grow whilst avoiding regulatory and commercial pitfalls, we have a weath of experience, expertise and a kettle - a very good kettle. If you think we could be a good fit, get in touch to see how we can add value to your business.
Contact
About us