Supports cash flow by unlocking the potential of future card sales

Payments that track your business performance

The total cash advance to pay back stays the same regardless of how long it takes you to pay the money back¹

Business finance that you pay back as your customers pay you

Merchant Cash Advance is provided through our referral partner Liberis.

How does it work?

Merchant Cash Advance is available based on your future card sales. Pay finance back as a percentage of each card transaction. Payments are automatically calculated and deducted, meaning you don’t have the stress of a fixed monthly payment or chance of hidden fees. Only pay back when your customers pay you, giving you flexibility.*

Shop owner accepting a card payment from a supplier in a warehouse
Business owner boxing orders from their laptop

Apply online

If you’re an existing Lloyds Bank Cardnet customer, funds could be in your account 2 working days after acceptance²

By clicking the link below, you acknowledge and agree to be contacted by telephone/and or email, and for Lloyds Bank Plc t/a Cardnet to share your information and data with Liberis for the purpose of assessing your eligibility for Merchant Cash Advance.

Apply now

Why choose Merchant Cash Advance?

  • Business finance available from £2,500 to £300,000
  • One agreed cost, no hidden fees, no fixed monthly payments
  • Simple and easy application and approval process
Shop owner turning the open sign on their shop door

Pricing examples

For illustrative purposes only

  • Cash Advance amount - £10,000
  • Fixed Fee - £1,500 (if a 15% fee agreed)
  • Purchased amount - £11,500
  • Payment percentage – 20% of all card transactions
  • If on one day your transactions totalled £300, £60 would pay back the advance for the day (20%) and £240 would be settled to you for that day’s trading. This is deducted automatically.

Is my business eligible?

To qualify for Merchant Cash Advance you should;

  • have at least 4 months card trading history
  • be an existing Lloyds Bank Cardnet customer
  • take a minimum of £2,500 in card payments a month

If you are interested in Merchant Cash Advance and are new to Lloyds Bank Cardnet with at least 4 months card trading history  please call us on 0345 604 4635 (Lines are open 9am-5pm Monday – Friday)

  • A Merchant Cash Advance is designed specifically with businesses in mind. This type of finance is based on your business’ card transactions and potential. It includes just one fixed cost agreed upfront, so you know exactly how much you will pay. The advance is paid via an agreed percentage taken from your customer card transactions. It happens automatically mirroring your cash flow . Merchant Cash Advance is provided by Liberis.

  • Once Liberis has been in touch with you the following will happen;

    1. Liberis will agree on a percentage split that will be taken from your customer card payments processed. This will be taken from your daily batched card transactions and will go to Liberis to pay your advance, the remaining balance will go to you.
    2. Liberis will agree on a price with you, which is one fixed cost added to your advance amount, so you know exactly what you’ll be paying.
    3. Once agreed, Liberis will then process your application. During this process, Liberis will look at your business and conduct some checks, such as affordability, credit, and insolvency.
    4. Once approved, you will receive the funds to use as you wish for your business.
  • The amount Liberis can fund you will depend on your business. Liberis will look at your monthly card transactions and provide a funding amount for your business.

  • Yes. You can choose the amount of funding you would like, and the percentage of your customer card transactions you would like to pay towards the advance. This determines the funding fee and ultimately overall amount you will pay.

  • When you submit a full application, Liberis will use a number of sources of information to help understand your business. Liberis carry out both company and consumer credit bureau searches, which will leave a record of the search on both credit files, visible to other finance providers. Your credit score won’t be affected when applying with Liberis but taking out a cash advance could affect your credit score.

  • Merchant Cash Advance is an unsecured way of accessing finance and is not a loan. This means your home is not at risk. Liberis will ask you for Personal Guarantees if you are applying as a limited company or limited liability partnership.

  • How long will it take me to pay Liberis back? And, can I pay back early?

    Your payments to Liberis are linked to the way you are trading which means there is no set period to pay off. The payments will mirror your cashflow, so the time taken depends on your business sales.

    After 14 days, the fixed, upfront funding fee will still apply if you pay early, but there will be no early payment fees.

    By clicking the link below, you acknowledge and agree to be contacted by telephone/and or email, and for Lloyds Bank Plc t/a Cardnet to share your information and data with Liberis for the purpose of assessing your eligibility for Merchant Cash Advance.


Other borrowing options

If Merchant Cash Advance does not suit your financing needs there are other Lloyds Banking Group business finance and lending options available. If you want to know more please contact your bank representative to discuss.

View all borrowing

Important Information

¹For example; if you receive £11,000 anticipating to make payments over 8 months however it takes you 12 months to make payments, the total amount to pay is still £11,000 (subject to terms and conditions)

²As of March 2021, 86% of customers of successful applications received funding within 2 working days. Any preliminary approval from Liberis will be based on the information about your business that is available at the time. You will get a final decision from Liberis after submitting an actual application.

³Your credit score is not affected by applying for a Merchant Cash Advance (MCA) with Liberis. Taking out an MCA with Liberis may affect your credit score, and any decision to take out an MCA shall be solely at your own risk.

*You will be expected to operate your business in a way that ensures Liberis receives a minimum monthly amount of 3% of the total amount owed to Liberis.

This product is provided by Liberis Limited, a company in England and Wales with Company registration number 5654321 and whose registered office is at Liberis Ltd, Scale Space Building, 1st Floor, 58 Wood Lane, London, W12 7RZ. Liberis Limited will be delivering the Merchant Cash Advance products and services. Lloyds Bank Plc t/a Cardnet will receive a commission if you decide to take out the product through Liberis. Merchant Cash Advance is not an FCA regulated product. Other options are available for business finance.

Nothing in this communication or any link to any other URL/Website or content of Liberis or other third party should be interpreted as, or constitutes, any Lloyds Bank PLC t/a Cardnet endorsement or approval of Liberis or the Merchant Cash Advance products or services. Lloyds Bank Plc t/a Cardnet and Liberis remain at all times independent parties, and no relationship of agent/principal, joint venture or analogous relationship exists between them.

All trademarks, service marks and trade names referred to are the property of their respective owners. Merchant Cash Advance is exclusively owned and operated by Liberis for which Lloyds Bank PLC t/a Cardnet assumes no liability.