It’s a type of business funding where you can receive a lump sum upfront and repay it through a percentage of your future card sales. It’s ideal for businesses that take payments via card terminals.

Repayments are made automatically as a percentage of your daily or weekly card sales. If sales are high, you repay more. If they are low, you repay less. This makes MCA flexible and cashflow friendly.

Businesses that have been trading for at least six months and regularly process card payments (typically £10k+ per month) are usually eligible.

Funds can be released within 24-48 hours after approval, making it a fast solution for urgent cash needs.

No collateral or business plan is typically required. Approval is based on your card sales history rather than credit score.

Yes, you can use it for working capital, stock purchases, marketing, equipment, renovations, or even paying tax bills.

No fixed term. Repayment is based on your sales volume, so it adjusts naturally with your business performance.

Instead of interest, you’ll pay a fixed fee (known as a factor rate). This is agreed upfront and added to the amount you borrow.

Most providers don’t rely heavily on credit scores, and applying won’t usually impact your score unless a hard check is done.

Yes, many providers focus on your card sales rather than your credit history, making it accessible even if your credit isn’t perfect.

Retail, hospitality, salons, and any business with steady card transactions are ideal candidates.

Yes, once you’ve repaid a portion of your advance, some lenders may allow you to access additional funds.

No, they are governed by commercial contract law, not FCA regulation. It’s important to work with a reputable broker like PMD to ensure transparency.

The amount depends on your monthly card sales. Typically, businesses can borrow between £3,000 and £500,000, with some providers offering up to 150%-200% of your monthly revenue.

It is a fixed multiplier applied to the amount borrowed.

Yes, and some providers may offer discounts for early repayment. Always check the terms before signing.

Yes, most providers send regular statements so you can track how much you’ve repaid and what’s left.

Yes! Because repayments flex with your sales, it’s ideal for businesses with seasonal or fluctuating income.

Your repayments will automatically reduce, helping you manage cashflow during quieter periods.

Yes, PMD offers a simple online application process. You’ll need just to provide basic business and sales information.