Card machine loans for small businesses
By Helm, Funding Specialist
- Ideal for small businesses processing card payments
- No business plan or financial projections needed
- Amounts from £10,000 to £300,000 based on card revenue
- Repayments flex with your daily sales
- Available to sole traders, partnerships, and limited companies
If you run a small business with a card machine, you are sitting on one of the simplest routes to business funding available. A card machine loan lets you borrow against your card terminal revenue, with repayments that flex with your daily sales.
Why card machine loans suit small businesses
Small businesses face unique funding challenges. Card machine loans address many of them.
- No lengthy applications or business plans
- Approval based on card revenue, not credit history
- Funding within 24 to 48 hours
- Repayments reduce during quiet periods
- No personal guarantee risking your home
- Simple documentation requirements
How much can a small business access?
The amount depends on your monthly card machine revenue.
| Monthly Card Revenue | Typical Amount Available |
|---|---|
| £10,000 | £10,000 to £7,500 |
| £10,000 | £10,000 to £15,000 |
| £20,000 | £20,000 to £30,000 |
| £30,000+ | £30,000 to £45,000+ |
Common uses
Small business owners use card machine loans for:
- Stock and inventory purchases
- Equipment upgrades
- Marketing campaigns
- Premises refurbishment
- Hiring staff
- Covering seasonal cash flow gaps
Getting started
To apply, you need your card processing statements for the last 3 to 6 months, your business bank statements, and photo ID. The application takes 10 to 30 minutes, and most providers give a decision within 24 hours.
Frequently asked questions
What is the minimum amount I can borrow?
Most providers offer a minimum of £10,000. Some may go lower for businesses with smaller card volumes.
Can I apply if I only have a mobile card reader?
Yes. Mobile readers like Square and SumUp qualify as card machines for this purpose.
Do I need to be VAT registered?
No. VAT registration is not a requirement for a card machine loan.
Can I get a second loan once the first is repaid?
Yes. Most providers offer repeat advances, often with improved terms based on your repayment track record.