Merchant Cash Advances provide a capital advance which is repaid using an agreed percentage of card terminal sales. Most commonly used by retailers and the hospitality sector, MCA's are available to businesses who have a good volume of card transactions every month.
Repayments are taken as a proportion of your revenue, making it a quick and easy funding solution which can be renewed, increased and can also be easier to access than other more traditional forms of funding.
Merchant cash advances are one of the most innovative products in alternative business finance.
the north Leeds funding co. is a trading style of JDP Finance Limited (Company number 12859223). JDP Finance LimiTED IS an appointed representative of Commercial Finance Partnership Limited, registered at Holly House, 77 Bolling Road, Ilkley, LS29 8QA. Company Registration number 11778716. Commercial Finance Partnership Limited is Authorised and Regulated by the Financial Conduct Authority. Our FCA registration number is 912083. You can check this via www.register.fca.org. We are registered with the ICO, reference ZB392871. You can check via ww.ico.org.uk. We conduct both regulated and unregulated business and therefore not all products provided through us are regulated by the Financial Conduct Authority. We source finance from the whole of market. We may receive a commission from the Lender that will vary depending on the lender, product or other permissible factors. The nature of any commission model will be confirmed to you before you proceed.
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