Summary
If you need money for your business but want a loan with simple,affordable payments, consider a Merchant Cash Advance. This is a new loan option that's unsecured, meaning you don't have to put up collateral. You can borrow between £5,000 and £1million and pay it back over a short period at a future fixed percentage of your future sales. There are no hidden costs or APR, and the loan is designed to work with your business's cash flow. You only pay back what you can afford based on your sales, this loan has been praised by the government and has helped many small businesses and SME's