Benefits Of Using Merchant Lenders For A Business Loan


When it reaches a time that the business needs a loan to sail through some crisis, then the owner ought to make a smart decision of where, how and when to borrow. Numerous financing institutions extend loans to businesses. However, the merchant lenders are usually some of the best options to use. They have many benefits as outlined below.

Benefits of using merchant lenders for a business loan

They have bad credit business loans

money storage If your business is caught up in bad credit, then getting a loan from banks and other financing institutions could be a daunting task. In fact, most of them will lock you out. However reputable merchant lenders have this service and will not use your credit history to lock you out. Furthermore, they will not ask for collateral. The only condition businesses will have to borrow at high rates to compensate for the risk taken by the lender.

They have affordable cash advance services

SMBs may be in need of cash advance to continue operating smoothly. Merchant lenders with these services usually make them simple and quickly accessible to businesses. This is one of the services; the businesses can access online by filling the required foam. Again, the approvals are done fast and the money sent to your account for access. Businesses that accept credit and debit cards are eligible for a cash advance.

They are reliable and straightforward

If you are looking for reliable options to get a loan for your business, then look no more. Merchant lenders are easily approachable to discuss any of your business financial needs. The services they offer are straightforward and flexible to suit different business needs. It is important that you choose the best lender to call when there is a challenge in your business.

They offer financial adviceflying money

Small businesses are prone to numerous financial challenges due to their volatile nature. A beginner in business may also be lost on the best funding approach. The experts in merchant lenders offices do sit down with business owners and offer the necessary advice they need. They can guide on the best financial help to go with.

They have excellent customer service

A call to their customer care desk will amaze you by the good customer care services the have. Also, if you visit them, they usually give the customers all the attention they need until their problems get a solution.…

Benefits of Business Loans from Merchant Money


Merchant Money is a lending institution in the UK specialized in offering short-term unsecured business loans to companies, partnerships, and sole traders. They have flexible terms, affordable rates of interest, and issue premium services. Enterprises in the UK have taken advantage of unsecured business loans and advances to enhance their operation and business growth. Merchant Money unsecured business loans  is one of the most popular services that they offer. Currently, more than 1,000 companies in over 55 industries have benefited from about £50,000,000 issued by Merchant Money to SMEs in the UK.


Quick application

The first benefit you get is a fast and straightforward loan application process, which only requires three steps. Step 1 credit report involves filling in your business information through their online platform that only takes five minutes.

Step 2 comprises receiving secure login details to enable you to submit additional details regarding the enterprise for further analysis by the experts and approval for funding. The final step encompasses the instant transfer of the requested loan into your bank account should your application sail through and receive the expert approval.

Prompt approval

After submitting the details of your company through the application process, the credit experts from the Merchant Money review, analyze, and approve your loan request within 24 hours. Upon finalizing your claim, the company transfers the loan into your bank account in less than two hours, which is still within the one-day approval period.

Interests only

The unsecured business loans issued by Merchant Money are free from any other hidden charges, no administration fee, and no APRs required. You only pay the interest pre-agreed on the owed amount in addition to the funds borrowed from the company. It also comes with an introductory period that is free from interest fee for you. You cannot find such benefit in any other bank.

Minimum requirements

The lending facility has minimized their requirements to access their loan facility to only the ability to pay and credit profile. You do not have to submit a business plan or any collateral to secure the loan. It is different from other banks that need you to present a security and a business plan before offering their business loans.

Transparent pricing

counting money As mention earlier that there are no hidden charges, Merchant Money has very clear pricing mechanisms. They use their estimate calculator to assess your business and determine the amount of loan you could receive as well as the rate of interest you will attract fast.

They offer flexible terms of between one month and two years depending on the amount of loan advanced to you. The openness of its pricing model and the affordability makes Merchant Money the most preferred lender of business loans in the UK.…