Business Loans for Electrical Repair Shops

Get £3k to £300k in 24 hours*

  • Pay back through future card sales
  • Unsecured – there’s no worry
  • Same day business funding
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Quick Decision with No Obligation

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Supporting British Businesses

Funding your repair workshop

Whether you specialise in smaller mobile phone repairs or larger electrical domestic appliances, we have a fast, flexible business loan that can fix your temporary cash flow issues, boost your growth and support business needs.

Works with your existing PDQ card machine

Works with your card sales

Unlock funding from £3,000 up to £300,000 against your customer card sales.

Flexible repayments - repay when you sell

Flexible repayments

Automatically repay a small percentage when customers purchase by card – There are no fixed payments.

Unsecured finance - No asset security required

No asset security required

The advance is unsecured, so your business assets are safe.

Keep 100% of cash transactions

Fast funding

A quick decision and process mean you can access your money in just 24 hours* after approval.

No hidden costs

No hidden costs

The cost of the finance is made clear to you upfront. There are no hidden costs, confusing APR’s or other nasty charges.

Apply online 24 hours a day 7 days a week

Apply online 24/7

Apply at any time - We can process your application 24 hours a day.

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Quick Decision with No Obligation

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Flexible finance that fixes your short term problems

Let's face it. We are a throw-away society. The amount of electrical waste (e-waste) consumers and businesses throw away is increasing. Almost 1.45 million tonnes of e-waste such as old laptops, smartphones and appliances are thrown away every year in the UK. A significant amount of that e-waste could have been avoided through repair.

With the new 'Right to repair' law that's coming into force, manufacturers will now have to provide spare parts to customers. From white goods like appliances, washing machines to TV's, this law aims to extend the lifespan of electrical goods and lessen the impact on the environment. This is a positive step for fixing our throw-away economy. It's good news for our planet and good news for repair workshops across the UK.

A repair shop business cash advance is an alternative way to raise finance to help grow your business and navigate this demand. It simply works by releasing your future credit and debit card transactions into cash. Unlike traditional business loans, advances are very flexible, quick and easy to apply for and can seamlessly integrate into your existing PDQ machine or online card payment provider.

See how much your business could borrow today. Apply now to get a free, no-obligation quote.

Apply Now

Quick Decision with No Obligation

Business Loans for Electrical Repair Shops - Employee repairing a computer

What can I use my repair store business loan on?

  • Purchase more stock such as electrical components, replacement smartphone screens and more
  • Upgrade your workshop with the latest testing equipment and diagnostics tools
  • Help support short term cash-flow problems
  • Hire and train new staff, including technicians
  • Emergency repairs and general maintenance
  • Open an online shop and expand your services to a broader audience
  • Van purchase for mobile repair services
  • Marketing and advertising budgets
  • Training to keep up to date with the latest electronic consumer goods

The amount you borrow depends on your card revenue, but we can offer you from £3000 up to £300,000.

There are no fixed terms with a cash advance as payments are flexible and work in line with your sales' ups and downs. For example, if you generate more sales in the month than predicted, you will repay it quicker. Generally, it takes approximately 6-9 months to pay back the advance.

It simply works by releasing your future credit and debit card transactions into cash. Repayments are automatic and taken as a small percentage (usually 10%) as soon as customers make a card payment. That's it!

We help many consumer electrical repair businesses. Some popular types might include:

  • Domestic appliance and repair businesses
  • Computer and laptop repair shops
  • Audi Hi-Fi and Television repair technicians
  • Gaming consoles & wireless controller repairs
  • Mobile phone and tablet repairs
  • Music shops (Guitars, Amps etc.) service and repair
  • Electric bike and scooter repair shop
  • Electric power tool repairs
  • Car and vehicle electronics repair shops
  • Garden power tool repairs
  • Plus, many more!

If your business accepts card payments from your customers, we can help!

No. Unlike other forms of business funding, there's no need to submit a business plan. This significantly speeds up the application process.

To be considered for business funding, your business must at least meet the following minimum criteria:

  • Business must operate in the UK
  • Trading for a minimum of 3 months
  • Accept customer card payments by card machine or online
  • Exceed £3000 a month in card sales

Don't worry if you don't quite meet the criteria, as we may still be able to help!

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Quick Decision with No Obligation

Funding Britains Small Businessses

"We have helped many electrical repair services across the UK receive funding to grow"

£20+ Million
Total Funded to Businesses

Application Approval Rate

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It's as easy as 1-2-3!

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.

Step 1 - Apply online in minutes


Apply online in minutes

Apply online for a cash advance from £3,000 up to £300,000 for any business purpose.

Step 2 - Get funded in 24 hours


Get funded in 24 hours*

The merchant cash advance can be with you in as little as 24 hours* after approval.

Step 3 - Pay back only when you sell to your customers


Repay only when you sell

You simply pay back a small percentage of your future card sales as they happen. You only repay when you sell.

Apply Now

Quick Decision with No Obligation

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