Are you interested in a Just Eat Business Loan for your takeaway food business? If you have been taking payments via Just Eat for at least 4 months, then you could get a Merchant Cash Advance loan.
Takeaway food restaurants can apply to lend money against their future card sales. These could be via a card terminal in store or online via companies like Just Eat, Uber Eats and Deliveroo.
This type of loan is called a Business or Merchant Cash Advance.
Just Eat Takeaway Merchant Cash Advance
You can potentially lend up to 150% of your average month card takings for your take away. You only need to have 4 months card payment history.
The money can be used for any business purpose such as new stock, marketing, kitchen improvements, expansion, new staff, new website etc.
You can get a Just Eat Business Loan as long as you are already selling via their platform.
Some of the features of a merchant cash advance include:
- £1k to £500k Loan
- Up to 150% of average monthly takings
- Clear, one-off cost agreed upfront
- Homes not at risk (and renters are fine)
- Open to Sole Traders, Partnerships
- Further advances available part way through
Some of the possible benefits to your business include:
- No fixed monthly payments
- No Business Plans required
- No hidden/early/late fees
- Pay back only as they earn on cards
- Use for any business purpose
To find out more about a Merchant Cash Advance loan head over to our product page by clicking HERE.
Loans For Takeaway Food Businesses
The takeaway food industry is booming in the UK and many businesses are seeing an increase in sales. However this means you need to purchase more stock, hire staff and make improvements to your kitchens. A business loan could help to spread the cost of large one off purchases or provide the cashflow need help to grow revenue.
Get in touch with Bolton Business Finance today and we can assess your lending options today.
We are an independent commercial finance brokers and can access a large range of lenders to get funding for your fast food business.
Apply For A Just Eat Business Loan
Fill in the for below and one of our funding experts will be in touch to discuss the finance options for your takeaway food business.
No obligation and we do not charge any broker fees on applications.