Guide

Merchant funding for small businesses: a practical guide

By Helm, Funding Specialist

Key takeaways
  • Ideal for small businesses with card payments
  • No business plan required
  • Amounts from £10,000 based on card revenue
  • Repayments flex with daily sales
  • Available to sole traders and limited companies

Small businesses are the backbone of the UK economy, yet many struggle to access traditional finance. Merchant funding offers a practical alternative for businesses that process card payments, providing fast capital with repayments that flex with your revenue.

Why merchant funding works for small businesses

Merchant funding addresses the specific challenges small businesses face when seeking finance.

How much can you access?

The amount depends on your monthly card transaction volume.

Monthly Card RevenueTypical Funding Range
£10,000£10,000 to £7,500
£10,000£10,000 to £15,000
£25,000£25,000 to £37,500
£50,000+£50,000 to £75,000+

Common uses

Small business owners use merchant funding for:

How to apply

The process is simple: gather your card processing statements, complete an online application, and receive an offer within 24 hours. Funds are typically deposited the next business day.

Frequently asked questions

Can a sole trader access merchant funding?

Yes. Sole traders are fully eligible.

Do I need accounts or tax returns?

No. Applications are based on card processing data.

Is merchant funding suitable for seasonal businesses?

Yes. Repayments reduce during quiet periods, making it ideal for seasonal businesses.

Can I get merchant funding alongside a bank overdraft?

Yes. Merchant funding does not affect your ability to maintain other banking facilities.