A merchant cash advance from PDQ Funding is a type of business funding that is designed to help businesses gain access to the cash they need in a flexible way. The lender provides the business with a sum of money which it pays back through a percentage of its customers’ card payments. Merchant cash advances can be suitable for a wide range of businesses. This type of finance can also be easier to access than other more traditional forms. A merchant cash advance can also be a useful funding solution for businesses with no or few assets, as well as those who require capital for growth but have a limited credit history. Merchant cash advances are one of the most innovative products in alternative business finance. The concept has only existed for a few years, but it’s already proving very popular with retail businesses and the leisure sector. Put simply, a merchant cash advance uses your card terminal to 'secure' lending — perfect for businesses without many assets, but who have a good volume of card transactions every month. Repayments are then taken as a proportion of your revenue, making it a quick and easy funding solution for many SMEs.