An Introduction to Merchant Cash Advance

Revenue-based Loans

Most small business owners would love to have additional capital to grow their company, such as expanding their space, purchasing new equipment, hiring additional employees or simply having cash on-hand for random expenses. What some small business owners may not realize is that instead of applying for a small business loan, a merchant cash advance may be better suited for their industry. Here are five things you need to know about merchant cash advances so that your small business can get the financing it needs to grow!

1. The payment schedule – Unlike small business loans, the payments for a merchant cash advance won’t be the same every day. Instead, they wi...

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Worldpay Business Finance Goes Live

Revenue-based Loans

Liberis has tied up with one of the world’s leading payment processors.

Worldpay has joined forces with merchant cash advance provider Liberis to launch a new funding scheme by the name of Worldpay Business Finance. Liberis specialises in short-term advances which are repaid as a pre-set proportion of credit and debit sales. A quiet month of business will result in lower repayment amounts – as borrowers only pay back their loan when they themselves are earning.

Worldpay’s vast customer base now has the ability to seamlessly access this product. The partnership is quite the coup for Liberis, which is perhaps the largest of the UK’s direct lenders. Worldpay proce...

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A Handy Checklist to Help SMEs Prepare for a Profitable Christmas

Revenue-based Loans

With research suggesting that Christmas shoppers hit the streets as early as October, and reports of retailers stocking Christmas products in September, it seems that it’s never too early for businesses to start preparing for the festive season.

Act now and have time to react to any seasonal changes or trends in your sector or niche.

There’s also plenty to do in advance, such as ordering products and stock, refurbishing display areas and putting up decorations, as well as finding and hiring additional skilled staff. The earlier you start the better prepared and mor...

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Flexibility was key for Cuthberts

Revenue-based Loans

The fact that Fleximize understood the business was the reason why toy store 'Cuthberts' turned to them for funding. Find out more by watching the video below:

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Top Tips for Applying for a Business Loan

Revenue-based Loans

By Carolynn Blaxcell, Fleximize

Applying for a business loan can be a rather frustrating task to complete but Carolyn Blaxcell from Fleximize has given revealed her top five tips to follow when looking to borrow some money.

Tip 1: Know your business inside out

From a lender’s point of view, it’s a massive alarm bell when a business owner or manager stumbles on straightforward questions about their business. It’s like trying to sell someone a holiday without telling them which hotel (or even country) they would be going to and how they are getting there. Your chances to close a successful sale would be quite slim.

To convince someone ...

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How a Business Cash Advance Helped Grow my Business by 50%

Revenue-based Loans

By Chris Whitton, Exotic Palms and Spas Ltd

Selling hot tubs wasn’t my original intention when I started the business 15 year ago. It came about after I left my successful alarm company in capable family hands to turn a hobby into a business – exotic plant and garden design. But increasing demand from my customers for hot tubs in their nice new gardens made me realise there was a gap in the market.

I sought a manufacturer to work with and after visiting a number of factories in Canada, chose the iconic Beachcomber tubs, handmade from start to finish in a family run business.

We’re now an awa...

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Ian got his motorbike business on the road

Revenue-based Loans

Ian needed help with a cashflow problem and money to help launch his new motorcycle MOT service. After being refused a loan from the bank, Ian turned to Liberis and received his money after two weeks of applying.

LIBERIS Testimonial Thwaites Garage 2015 from Liberis UK on Vimeo.

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SMEs Sought the Alternative Route

Revenue-based Loans

Are the tables finally turning when it comes to SMEs requiring finance?

A new report conducted by, alternative funder, Liberis has shown that in the last 12 months more small businesses in need of funding are turning to alternative finance rather than a bank overdraft.

While 70 per cent of small businesses haven’t applied for funding because they say they ‘don’t need it’, the research amongst 1000 small companies, showed that 30 per cent of those that did applied to an alternative funding provider, compared to 18 per cent that applied for a bank overdraft and 31 per cent for a bank loan.

Despite 31% of SME owners still turning to banks for a loan, it’s the 30%...

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Crowd2Fund Attract New Breed of SMEs

Revenue-based Loans

Small businesses are getting drawn into the recently launched revenue-based loan scheme on Crowd2Fund.

The ‘Revenue Loan’ product is a completely unique type of lending tailored for early stage or seasonal businesses. If a business is successful in a loan application they will only repay the loan as a percentage company revenue, which means they are not tied to fixed monthly repayments and gives them more agility to grow quicker due to more manageable cash flow.

Crowd2Fund offer a different type of revenue-based product to the likes you will see from Liberis as it is investors who loan out the money rather than the platform themselves. This is attractive ...

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Borrower's Guide: Liberis

Revenue-based Loans

Introduction

A business cash advance provides an unsecured cash injection based on future credit and debit card sales, repaid via an agreed percentage of the business’ future card sales. A cash advance is not lending money to a company; it is rather buying a portion of its future revenue. Because payback is directly linked to card takings, it is only repaid when the business makes a sale. Plus, all non card revenue (cash) is kept by the business.

The repayment cost remains the same regardless of how long it takes to repay and as it’s unsecured funding, there’s no risk to homes or assets. The funding can be used for whatever the business needs. Common uses are to plug a cash-flow gap, to ...

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