Merchant Cash Advance for a Gastro Pub

Opportunity:

This gastro pub client was set up in the last two years and their trading figures had been impacted both in developing the business and by Covid. 

Approach:

With the removal of lockdown, the client had seen a significant upturn in sales with the majority of revenue through card income.

Solution:

A Merchant Cash Advance was set up, funding assessed based on average card revenue and repayments collected as a percentage of future card receipts.