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
Quick Decision with No Obligation
Get £3k to £300k in 24 hours*
Quick Decision with No Obligation
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.
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 the 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
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 NowQuick Decision with No Obligation
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:
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:
Don't worry if you don't quite meet the criteria, as we may still be able to help!
Quick Decision with No Obligation
"We have helped many electrical repair services 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
