For many businesses, managing cash flow and securing funding is a constant challenge. Whether you need extra capital to invest in stock, upgrade equipment, or cover seasonal expenses, finding a flexible and reliable financing option is essential. UTP Group offers a merchant cash advance, a simple and easy way for businesses that take card payments to get the funding they need.
Unlike traditional bank loans, a merchant cash advance offers businesses funding that is easy to access, easy to repay, and tailored to their unique needs.
What is a merchant cash advance?
A merchant cash advance (MCA) is a type of financing in which businesses receive cash in advance and are repaid by a small percentage of their daily card sales. This means repayments are automatically adjusted based on your sales. If you earn more, you pay more; if you earn less, you pay less.
For businesses that rely heavily on card transactions, such as retail shops, cafes, and hospitality venues, a merchant cash advance is an ideal way to unlock extra funding without the burden of fixed monthly payments.
How does UTP’s cash advance work?
UTP’s cash advance is designed to make funding simple, fast, and stress-free. Here is how it works:
Easy Application: Apply online or by phone with minimal paperwork. UTP focuses on your business’s card sales rather than credit history, making it accessible to more businesses.
Flexible Funding Amounts: Borrow up to 150% of your average monthly card sales, giving you access to the cash you need to grow your business.
Repay as You Earn: Repayments are automatically taken as a percentage of your daily card sales, so you’re never under pressure to meet deadlines.
Fast Access to Funds: Once approved, funds can be deposited into your account within 48 hours, ensuring you can act quickly on opportunities or cover urgent expenses.
No Hidden Fees: UTP offers transparent pricing with no hidden charges or penalties, so you know exactly what you’re paying upfront.
Benefits of UTP’s cash advance for businesses
Flexible Repayments: Unlike traditional loans, a cash advance does not involve fixed monthly payments. Repayments align with your cash flow, making it easier to manage during quieter times.
No Collateral Required: You don’t have to put up assets as collateral to reduce the risk to your business.
Fast and Simple Process: A straightforward application process and quick approval times mean you can access the funds you need without long delays.
Tailored to Card-Processing Businesses: If your business accepts card payments, UTP’s cash advance is tailored to your sales patterns, and repayments remain manageable.
Boost Business Growth: Invest money back into your business. You can buy new inventory, upgrade your tools, expand your space, or start a marketing campaign.
Why choose UTP for your cash advance?
UTP’s cash advance is ideal for small and medium-sized businesses that rely on card payments. Here are the businesses that can benefit from UTP cash advance:
- Retail Stores: Invest in inventory or improve your shopfront to attract more customers.
- Restaurants and Cafes: Upgrade kitchen equipment or renovate dining spaces.
- Service-Based Businesses: Cover seasonal slow periods or invest in marketing to grow your client base.
- E-Commerce Stores: Increase your stock levels and expand your online presence. By aligning repayment with sales performance, UTP’s cash advance ensures that businesses of all types can access the funding they need without additional financial stress.
Are you ready to unlock the funding you need to grow your business? UTP’s cash advance is a smart and flexible solution for businesses looking to invest in the future without the stress of traditional financing.
As a trusted provider of payment solutions, UTP Group understands the unique challenges faced by card processing businesses. Their cash advance service is tailored to meet those needs, offering a flexible and customer-orientated funding solution.
UTP is committed to providing industry-leading service that means fast approvals, straightforward repayment options, and ongoing support to help your business thrive. Contact UTP’s sales team today to learn more and secure the best rates for your business. Call 0330 99 99 300 or visit utpgroup.co.uk to get started.