Are you looking for an easier and less expensive way to raise finance for your Coffee Shop? Our new Coffee Shop Business Cash Advance is the new way to lend when you’re in need of an investment.
Chances are that most of your payments in your coffee shop go through a PDQ machine. What if we tell you that you could use that part of your business to apply for a loan and then repay it? Yes, you can!
You’ll be able to borrow from £500 to £100,000 for anything that you may need – a new coffee machine, much-needed training for your staff or new comfortable furnishings. In most cases, you’ll have the funds in your account in just 7 days.
What’s the average monthly business loan payment?
Unlike traditional banks, we don’t want to tie you to large monthly payments that on slower months may slow you down and make a dent in your finances. Instead, we’ll link your repayments to your credit or debit card sales and that way, you’ll pay back your loan as you go and as you can.
Did we tell you already that all of our business loans are government backed and unsecured? That way, your home and other assets are safe where they are and in no danger.
Will my coffee shop qualify for a cash advance?
To apply for a growwin business cash advance, we just need you to fill in a short form stating your credit and debit card sales. If you average at about £3000 then you’ll be confirmed for a loan in no time. After we’ve gotten that little paperwork out of the way, we’ll work on setting up a percentage that will be taken from every card payment done through your machine.
This means that you’ll pay back more when business is booming and less when it’s a slower month.
Our Coffee Shop Business Cash Advance is a new and innovative way to get a much-needed boost to your business and applying for it is as easy as making a cup of coffee.
What if I don’t have a PDQ card machine?
Don’t worry, we also provide more traditional business loans that will not require a card machine. The application process is just the same – easy, fast and transparent.