First Payment Merchant Services are respected specialists in payment processing, who provide safe business funding with minimum fuss
How does it work?
Is your business ready to move to the next level? Do you want to upgrade to new stock, refurbish your business premises, pay an unexpected bill or simply improve your cashflow?
1. Decide an amount – anywhere from £2,500 – £300,000 based on your card takings history
2. Agree on one upfront cost. No hidden charges, no interest fees
3. Pay back the cash advance at the pre-agreed % of your card payments
Rather than a loan, we offer unsecured funding by purchasing a portion of your future card sales.
This smarter money management provides flexibility not only catering for your existing requirements but for your future needs. This means you can scale your business your way. And because you’re not tied to any fixed amount, you repay less when things are slow and more when business is flourishing.
Moreover, eligibility is simple; based on your card sales history, your business can access finance equalling its average monthly turnover of credit card transactions. And unsecured funding means you won’t need to use an asset such as a property to secure against borrowing.
There are no interest charges, no hidden fees, no need for a perfect credit score and because it’s not a loan you credit score will not be affected. 75% of all applications are successful and a pre-approved decision is made on average within 24hrs.
Merchant Cash Advance
FPMS can provide an up-front cash injection for your business simply by arranging the purchase of future debit and credit card transactions. You choose the amount you need – anything from £2,500 to £300,000 based on your card takings history.
The cash advance is paid back to the purchaser at a mutually-agreed percentage of your daily receipts (up to 20%).
There are no interest payments and no hidden charges just one fixed cost which is agreed up-front. Moreover, you don’t need a perfect credit score to be approved, and because it’s not a loan you credit score will not be affected.
Merchant Cash Advance is an extremely competitive product in the market place.
The streamlined qualification process could hardly be easier. You could receive funds within as little as ten days.
We work in partnership with the British Business Bank which is 100% owned by the Government, but independently managed.
Its expertise and Government money means that we can provide safe funding for smaller businesses that are start-ups, high growth, or simply viable but underfunded.
All rights reserved First Payment Merchant Services Limited (Company No. 07795635)
3rd Floor Norwich House, Knoll Road, Camberley, Surrey, GU15 3RQ.
First Payment Finance is not an FCA regulated product
CONTACT US FOR A FREE NO OBLIGATION QUOTE
Trusted by thousands of businesses throughout the UK
We used First Payment Finance to buy more stock and invest in upgrading our website.
Owner's, MM Carpet and Flooring Supplies
We approached First Finance Payment for funds to purchase more stock at profitable prices
Owner, Lewis News and Wine, Guildford, Surrey