Merchant Cash Advance

Fund your business today with tomorrow's card sales. Apply for a cash advance from £1,000 to £500,000.

Business finance that flows with your business

*By enquiring, you acknowledge and agree to be contacted by telephone and email, and for Lloyds Bank plc t/a Cardnet to share your information and data with Liberis for the purpose of assessing your eligibility for Merchant Cash Advance.

Why choose Merchant Cash Advance?

Business finance available from £1,000 to £500,000
One agreed cost, no hidden fees, no fixed monthly payments
Quick, easy application and approval process, with funds available in as little as two working days²

Image of business owner with a laptop sending an order

Is my business eligible?

To qualify for Merchant Cash Advance you should:

have at least four months' card trading history
be an existing Lloyds Bank Cardnet customer
take a minimum of £1,000 in card payments a month

Frequently asked questions

How does Merchant Cash Advance work? expandable section
Once Liberis has been in touch with you the following will happen;

Liberis will agree on a percentage split that will be taken from your customer card payments processed. This will be taken from your daily batched card transactions and will go to Liberis to pay your advance, the remaining balance will go to you.

Liberis will agree on a price with you, which is one fixed cost added to your advance amount, so you know exactly what you’ll be paying.

Once agreed, Liberis will then process your application. During this process, Liberis will look at your business and conduct some checks, such as affordability, credit, and insolvency.

Once approved, you will receive the funds to use as you wish for your business.
How much could I get? expandable section

The amount Liberis can fund you will depend on your business. Liberis will look at your monthly card transactions and provide a funding amount for your business.
Can I tailor my quote? expandable section

Yes. You can choose the amount of funding you would like, and the percentage of your customer card transactions you would like to pay towards the advance. This determines the funding fee and ultimately overall amount you will pay.
What credit checks do you perform, and will they impact my credit score? expandable section

When you submit a full application, Liberis will use a number of sources of information to help understand your business. Liberis carry out both company and consumer credit bureau searches, which will leave a record of the search on both credit files, visible to other finance providers. Your credit score won’t be affected when applying with Liberis but taking out a cash advance could affect your credit score.
Do you take any security or collateral? expandable section

Merchant Cash Advance is an unsecured way of accessing finance and is not a loan. This means your home is not at risk. Liberis will ask you for Personal Guarantees if you are applying as a limited company or limited liability partnership.
How long will it take me to pay Liberis? And, can I complete payments early? expandable section

Your payments to Liberis are linked to the way you are trading which means there is no set period to pay. The payments will mirror your cashflow, so the time taken depends on your business sales.

After 14 days, the fixed, upfront funding fee will still apply if you pay early, but there will be no early payment fees.

How does Merchant Cash Advance work? expandable section
Once Liberis has been in touch with you the following will happen;
1. Liberis will agree on a percentage split that will be taken from your customer card payments processed. This will be taken from your daily batched card transactions and will go to Liberis to pay your advance, the remaining balance will go to you.
2. Liberis will agree on a price with you, which is one fixed cost added to your advance amount, so you know exactly what you’ll be paying.
3. Once agreed, Liberis will then process your application. During this process, Liberis will look at your business and conduct some checks, such as affordability, credit, and insolvency.
4. Once approved, you will receive the funds to use as you wish for your business.
How much could I get? expandable section

The amount Liberis can fund you will depend on your business. Liberis will look at your monthly card transactions and provide a funding amount for your business.
Can I tailor my quote? expandable section

Yes. You can choose the amount of funding you would like, and the percentage of your customer card transactions you would like to pay towards the advance. This determines the funding fee and ultimately overall amount you will pay.
What credit checks do you perform, and will they impact my credit score? expandable section

When you submit a full application, Liberis will use a number of sources of information to help understand your business. Liberis carry out both company and consumer credit bureau searches, which will leave a record of the search on both credit files, visible to other finance providers. Your credit score won’t be affected when applying with Liberis but taking out a cash advance could affect your credit score.
Do you take any security or collateral? expandable section

Merchant Cash Advance is an unsecured way of accessing finance and is not a loan. This means your home is not at risk. Liberis will ask you for Personal Guarantees if you are applying as a limited company or limited liability partnership.
How long will it take me to pay Liberis? And, can I complete payments early? expandable section

Your payments to Liberis are linked to the way you are trading which means there is no set period to pay. The payments will mirror your cashflow, so the time taken depends on your business sales.

After 14 days, the fixed, upfront funding fee will still apply if you pay early, but there will be no early payment fees.

Other ways to take payments

¹For example; if you receive £11,000 anticipating to make payments over 8 months however it takes you 12 months to make payments, the total amount to pay is still £11,000 (subject to terms and conditions).

²As of May 2022, 82% of customers of successful applications received funding within two working days. Any preliminary approval from Liberis will be based on the information about your business that is available at the time. You will get a final decision from Liberis after submitting an actual application.

*Your credit score is not affected by applying for a Merchant Cash Advance (MCA) with Liberis. Taking out an MCA with Liberis may affect your credit score, and any decision to take out an MCA shall be solely at your own risk.

*You will be expected to operate your business in a way that ensures Liberis receives a minimum monthly amount of 3% of the total amount owed to Liberis.

This product is provided by Liberis Limited, a company in England and Wales with Company registration number 5654321 and whose registered office is at Liberis Ltd, Scale Space Building, 1st Floor, 58 Wood Lane, London, W12 7RZ. Liberis Limited will be delivering the Merchant Cash Advance products and services. Lloyds Bank plc t/a Cardnet will receive a commission if you decide to take out the product through Liberis. Merchant Cash Advance is not an FCA regulated product. Other options are available for business finance.

Nothing in this communication or any link to any other URL/Website or content of Liberis or other third party should be interpreted as, or constitutes, any Lloyds Bank plc t/a Cardnet endorsement or approval of Liberis or the Merchant Cash Advance products or services. Lloyds Bank plc t/a Cardnet and Liberis remain at all times independent parties, and no relationship of agent/principal, joint venture or analogous relationship exists between them.

All trademarks, service marks and trade names referred to are the property of their respective owners. Merchant Cash Advance is exclusively owned and operated by Liberis for which Lloyds Bank plc t/a Cardnet assumes no liability.