For businesses that accept card payments, Quick Capital offers cash advance funding from as little as £500 to £300,000 to help a business invest, flourish and grow. Repayments are actually deducted as a percentage of debit and credit card turnover. As the turnover goes up or falls, your repayments will also change accordingly. Since there is no APR, Quick Capital easily agrees with you on the fixed cost of the cash advance to allow you to be clear on the amount to be repaid.
Repayments are flexible in accordance with your business needs, and there are no late fees. Repayments are required as you earn and are automatically deducted. Therefore missing repayments are absolutely impossible. With no penalties or additional fees for late reimbursement, you do not have to worry about how long it takes to clear the cash advance. Once 60 percent of the funding is repaid you can top-up your cash advance should you need to.