We help UK businesses apply for a Dojo Cash Advance or business funding, based on their card sales revenue.
Businesses that take payments using Dojo, could apply for Cash Advance finance or a business loan. A cash advance is a type of business finance that allows you to borrow money for your business.
The Dojo Go card machine offers small businesses mobile card payments and is part of the bigger payments company Paymentsense.
If your business takes credit/debit card payments via a Dojo card reader, then you could apply for a “Cash Advance”.
Disclaimer: We are not affiliated with Dojo, we are an independant finance broker offering cash advances on Dojo revenues.
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Dojo Cash Advance Business Funding
We work with a number of independent providers that offer a Merchant Cash Advance on Dojo payment revenue.
A Merchant Cash Advance is a type of business finance, similar to a business loan, where the lender purchases” a percentage of your future card takings. This is usually for a fixed cost and is repaid as a percentage (10-20%) of future card takings from your merchant sales.
You can apply once you have been trading for 3 months and could still be accepted with poor credit.
Borrow up to 200% of average monthly Dojo revenue, via one of our trusted lending partners.
Most business sectors covered and funds can be used for any legitimate business purpose.
Minimum card turnover of £3000/m is required.
Average Monthly Card Sales: £12,000
Amount of Finance: £14,000
Factor Rate: 1.22
Total Repayment: £17,080
Repayment Sweep: 10%
So in this example you borrow £14,000 and then repay 10% of your future card takings until you repay £17,080. Could be subject to minimum payments.
If you are a Dojo merchant, there may also be business loan options from our panel of lenders.
Apply For a Dojo Cash Advance or Business Loan
As an independent business finance brokers, we help businesses who accept payments via Dojo to source finance. Even if you have been declined by another lender.
Call us on 0161 5469128 or fill in the form below to apply.