Fast, flexible finance

Provided you have been registered with Companies House as a trading Ltd company for at least 24 months, you are eligible to apply.

• We lend from £1,000 to £500,000.
• You simply answer a few short questions after clicking the 'Apply Now' button.
• Within 20 minutes a member of our team will call to discuss your business and how we can best help you.
• Once we have verified our underwriting requirements, your loan will be approved quickly.
• Once we have electronically completed all your signed paperwork, the money will be in your account within two hours.

• We look at whether potential customers have a track record of running a business, and whether there are any past credit bumps.
• We want to get to know the applicant: to what extent do they understand their market and their business; how engaged, enthusiastic, and passionate are they; how will the loan support their growth plans.
• We believe there are available data that traditional lenders are ignoring. We operate in a digital market, and many clients have far better profiles than their profiles at credit reference agencies would suggest.
• Traditional banks aren't able to pay attention to this detail and as a result small businesses are the losers.
• Our advantage in meeting customer needs comes through understanding the “hidden” details of their business.

• We assess each applicant individually based on their risk profile.
• Rates typically vary between 1.75% and 3%, based on loan term and amount borrowed, as well as the profile of the business seeking the loan.
• We will carefully assess your business’s needs, credit profile and ability to repay the loan comfortably before agreeing terms with you.
• In some cases, we offer value-adding extras, including an “interest only” introductory period – particularly useful if you have short-term cash flow concerns.
• Returning customers will often benefit from improved terms as they establish a rating with Merchant Money.

• If you take this option you pay only interest in the first three to six months of your loan.
• For the remainder of your loan you will pay both interest and principal to settle the balance.

• Yes, we use our technology to search a vast amount of data before we approve your loan.
• With your permission we use leading Credit Reference Agencies to check your business and personal credit reports.

• Yes. We only charge interest up until the day you settle.
• We have no hidden fees or charges.

• Our loans are provided quickly, and are not secured by any collateral.
• Customers appreciate the speed and flexibility this offers.
• We deal with small businesses in which owners have a personal stake and believe in their future success, so directors should not have any problem with personal guarantees.

• We believe that a combination of high-tech and high-touch allows us to make more informed decisions.
• Though we do not have a banking relationship, we do review the customer’s bank statements, as cash flow and financial management are also important risk factors.
• Our ability to provide the loan is reinforced by the backing we receive from major private equity investors.

Naturally, returning customers who were good payers will be eligible for a lower rate on a new loan.

There are absolutely no obligations, and no application fee. Once you have received approval, you can decide whether or not to proceed.

• For the PAYT product: We will agree upfront a daily percentage of your Visa and MasterCard sales transactions – and this will be automatically deducted by the processor. So the payment will fluctuate directly in proportion with your daily card sales.
• For the term loan product: We collect payments via a monthly direct debit. We also accept bank transfer, debit card and PayPal if you wish to make additional payments at any time.

• We practice ethical and responsible lending at all times, and provide loans only to those businesses deemed able to repay.
• However, we are aware that not every eventuality can be foreseen. If you find you are struggling to repay on time, speak to your account manager (0800 8488480), who will help you find a way forward.

Don’t despair. If your business circumstances change even slightly after a few months, give us a call and we will re-evaluate.  

Yes, providing you have met your payments on time and your business continues to perform.  

• Yes. We will renew your loan as soon as you like, providing your business continues to perform.
• If your business outlook has improved, we can even increase your loan and/or reduce interest payments.

• Most certainly. We like to help their clients secure business capital. It’s a win-win for all parties.
• We offer highly competitive commission fees, and always settle early.
• Brokers find it easy to work with Merchant Money. We offer training to help introducers understand our products, and provide a user-friendly dedicated broker portal on our website.
• As Patrons of the NACFB, we are committed to growing our network of brokers, and we always welcome new business introducers.
• Please contact us on broker@merchantmoney.co.uk or 0800 8488480 to find out more about MM’s broker referral scheme

Merchant Money is a member of the Federation of Small Business (FSB) and a patron of the National Association of Commercial Finance Brokers (NACFB).

Apply online now. Or email to info@merchantmoney.co.uk 

You may also call on 0800 848 8480.