CASH ADVANCE
Our flexible funding service
Unlike a bank loan: no repayment deadlines and you don't need to prove collateral.
How it works
Pay back as you earn
With Cash Advance your business will repay in proportion to your earnings. There are no set repayment deadlines. Your business will pay back a set percentage of your credit/debit card takings. So, if one day your business has a slow day and takes less money, you will repay a smaller amount.
We offer funding from £3,500 - £150,000
Your business can borrow up to 100% of your monthly turnover, providing it's in the price range above.
Fast application time
We usually approve your application and deliver your funding within 14 business days.
Clear pricing
There is a one-off fee for the advance. We will not charge you any surprising fees.
Keep your current system
Our split processing systems mean you will not have to change your current system.
"I needed some extra money to refurb my business.
UTP's Cash Advance gave me more flexible repayment options than my bank"
Alan, small business owner
APPLY FOR CASH ADVANCE
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We offer a variety of card machines to best suit the needs of your business and have some of the lowest transaction rates in the UK. UTP offers two free features to benefit their customers. UTP Shield is a security service that helps prevent fraud while Faster Processing ensures customers receive their funds on the same day as the transaction.
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All of our card machines can accept contactless payments from Apple and Samsung. In order for a smartphone to have a digital wallet it must run on IOS 11 or higher, or Android 5 or higher. Our devices are designed to work seamlessly with all chip and PIN and contactless cards issued in the UK and most cards issued internationally.
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The transaction cost may vary depending on the business, but we make sure that our customers receive the best rates. Additionally, our service incorporates UTP Shield and Faster Processing at no extra charge.