Hospitality Business Loans & Finance
Get £3k to £300k in 24 hours*
- Pay back through future card sales
- Unsecured – there’s no worry
- Same day business funding
Quick Decision with No Obligation
Get £3k to £300k in 24 hours*
Quick Decision with No Obligation
Are you a business owner in the hospitality industry looking to raise fast and flexible unsecured finance? Whether you need funding for refurbishment, stock or help with cash flow, a hospitality business loan could be the perfect funding solution to help unlock the capital you need to carry out your future growth plans.
Unlock funding from £3,000 up to £300,000 against your customer card sales.
Automatically repay a small percentage when customers purchase by card – There are no fixed payments.
The advance is unsecured, so your business assets are safe.
A quick decision and process mean you can access your money in just 24 hours* after approval.
The cost of finance is made clear to you upfront. There are no hidden costs, confusing APR’s or other nasty charges.
Apply at any time - We can process your application 24 hours a day.
Quick Decision with No Obligation
The hospitality sector plays a vital role within communities across the UK and is a core driver for bringing people together. It represented 3% of the total UK economic output in 2019, contributing £59.3 billion to the economy and employing £2.3million, according to Parliament.uk statistics.
Recently, hospitality businesses suffered greatly due to the COVID-19 pandemic. With many restaurants, pubs, coffee shops, hotels and B&Bs forced to close and people staying at home, businesses had to adapt quickly to ensure their survival.
As the hospitality sector rebounds post-pandemic, business owners are still faced with many other challenges. Here at MLA, we can help support your business through these tough economic times with a flexible, alternative hospitality business loan that works in line with your credit and debit card sales.
Whether you need finance to invest in new employees, purchase more stock or inventory or need a little help to cover cashflow gaps, a merchant cash advance could be a great funding option for your hospitality business. We’ve already helped many UK businesses unlock the finance they need to grow through their card sales.
Ready to get a quote? Fill out our quick online application form today to receive your no obligation quotes from merchant cash advance lenders you are eligible for. It’s free, and it won't impact your credit rating.
Apply NowQuick Decision with No Obligation
A hospitality business loan is a finance solution designed for businesses operating in the hospitality sector, such as restaurants, pubs and hotels. Hospitality finance can be used for any business purpose, from refurbishments to purchasing stock. It can also be used to help improve temporary cash flow issues that you might be facing.
The amount your hospitality business can borrow will depend on how much your monthly credit and debit card turnover is. For example, if your card sales average around £10,000 per month, you could qualify for a merchant cash advance of up to £10,000 or more, depending on the lender and affordability. Why not apply today to see how much you could qualify for?
A merchant cash advance is a type of hospitality finance that works differently from a standard business loan you may be used to.
With a merchant cash advance, hospitality businesses are able to raise unsecured funding through their future credit and debit card sales. Unlike traditional loans, there is no fixed term or fixed monthly repayments - it’s flexible! Repayments are taken as a small percentage of your future customer card sales until the advance is repaid in full.
For example, a customer at your hospitality business pays a £100 bill by credit card. You agreed with the lender that you’d repay 10% of every card sale, so £10 would be sent to the lender automatically, and you’d keep the remaining £90. The repayments continue until the advance is paid in full.
Hospitality businesses can expect funding in as little as 24-48 hours* with a merchant cash advance. With no lengthy paperwork or business plan to submit, the process is much faster than most traditional business loans. This is a significant benefit for companies that need access to funding quickly.
Remember, having bank statements and other paperwork to hand can also help speed up the process further.
Yes, if you have bad or adverse credit, you could still qualify for a hospitality business loan.
Hospitality businesses that process over £3000 in credit or debit card payments via a PDQ card machine or online will qualify for a merchant cash advance. The types of businesses we cater for include:
A merchant cash advance is a type of hospitality business loan that is an unsecured form of borrowing. This means that you won’t need to use property or other assets to secure against the borrowing.
To apply for hospitality finance, simply complete our online application form. After we’ve got a few basic details from you, we’ll quickly match you to suitable merchant cash advance lenders, and they’ll contact you directly regarding your funding inquiry.
Quick Decision with No Obligation
"We have helped many hospitality businesses across the UK receive funding to grow"
£20+ Million
Total Funded to Businesses
90%
Application Approval Rate
The process is fast, simple and straightforward. It's hassle-free, meaning there's no complicated paperwork to complete so you can focus on growing your business.
Apply online for a cash advance from £3,000 up to £300,000 for any business purpose.
The merchant cash advance can be with you in as little as 24 hours* after approval.
You simply pay back a small percentage of your future card sales as they happen. You only repay when you sell.
Quick Decision with No Obligation
