If your businesses uses Stripe to take payments, then you may be able to borrow money with a Stripe Cash Advance or loan.
Millions of online businesses use the card payment processor Stripe to accept debit and credit card payments. If you are one of them, then you could borrow up to 200% of your average monthly sales.
The working capital injection can be used to invest and grow your business, with repayments made from future card sales.
Disclaimer: We are not affiliated with Stripe, we are an independant finance broker who source business finance for Stipe Merchants.
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Stripe Cash Advance Loans
A Merchant Cash Advance is a type of business finance that is available to UK businesses using Stripe to accept payments. Whether you have an eCommerce website selling socks or your a hotel taking online bookings, you may be eligible for a business loan.
You only need to have been trading for 4 months and could still be accepted with bad credit.
Borrow up to 200% of average monthly Stripe sales, via one of our trusted lending partners.
Any business sector and funds can be used for any legitimate business purpose.
Cash Advance Example
Average Monthly Card Sales: £25,000
Amount of Finance: £25,000
Factor Rate: 1.27
Total Repayment: £31,750
Repayment Sweep: 10%
So in this example you borrow £25,000 and then repay 10% of your future card takings until you repay £31,750. Could be subject to minimum payments.
Stripe Loan UK
A revenue based Stripe loan may be an option for your business, if you have been taking payments on card for over 4 months.
Revenue based business loans differ from a Cash Advance as they usually have a fixed daily/weekly repayment amount.
Stripe Capital Alternatives
We work with a number of finance providers that offer an alternative to Stripe Capital for UK businesses. If you have been declined or not offered the finance you require, we can search the market for you to secure you a lending offer.
Get in touch to find out your options.
Apply For A Stripe Cash Advance or Loan
As an independent business finance brokers, we help businesses who accept Stripe payments to source finance.
Even if you have been declined by Stripe Capital, there may still be options from our panel of lenders.
Call us on 0161 5469128 or fill in the form below to apply.