Read all the latest research papers from Cashflows
Read our latest guides to see how we can help your business to grow.
Unlocking eCommerce payments for you
Whether you’re thinking about launching a new website, looking to improve your checkout, or just want to get a handle on how eCommerce can help your business, it’s important to think about your end-to-end customer experience – and that includes online payments.
This guide has been written as a resource for anyone with responsibility for payments in a traditional or digital business, either as an introduction or refresher. We’ll help you understand the basics and give you the information you need to be able to connect payments seamlessly.
A Simple Guide to SCA
Strong Customer Authentication legislation changes can be a difficult to understand, especially when the directions are full of complex clauses and jargon.With our simple guide to SCA, we break down what these changes actually mean for your business to provide you with easy to follow information, which can help you stay secure and provide a better customer experience.
The Mindful Shopper
How have your customers changed? What are their new values? And how can you inspire them with joyful experiences? In the wake of COVID-19 these questions really matter.
Cashflows’ research shows changing consumer demands in the post pandemic world.
"Cashflows worked with flexibility and dedication, collaborating closely to produce a payments solution that was perfect for our customers. We were fully supported as we moved to a new way of integrating and now have the payments tool to future-proof our business."
- Deputy Group Head of IT, Markerstudy Group
Want to work with us on your payment solutions?
Contact our sales team to find out more.
FAQs
How do I qualify for this advance?
Through our partnership with Recap, we bring you Cashflows Advance. This advance is a pre-approved offering, based off your daily card revenue. We analyse your anonymous financial data and if you are eligible, you will be made an offer. Once you receive your offer (via email or text,) you will need to complete Recap’s quick and easy user journey to finalise your details and accept the funding. No additional paperwork or hassle.
Typically, you need to meet the following minimum criteria to be considered for an offer:
- You are an active business with healthy turnover.
- You’ve been trading for a minimum of 6 months.
- Your turnover is at least £1,500 per month.
What can I do with this advance?
That answer is simple; whatever you please. But in case you’re unsure, here are some ideas:
- Increase cash flow
- Renovate or expand your premises
- Purchase more stock
- Hire more staff
- Upgrade equipment
- Increase marketing activities
- Improve your website
- Expand the markets or sectors you are operating in
- As a credit facility
Do you require collateral?
No collateral is required. This is not like a normal bank loan; it is unrestricted and unsecured. Meaning that you do not have to pledge any assets to be eligible for this product.
What is collateral?
Collateral is an asset (something with value such as a house, car, jewellery) that a borrower pledges as security against a loan.
Why choose Cashflows Advance?
- This advance is offered through your already trusted platform, Cashflows
- You can receive the funding Same day or 24 hours
- Your advance is made to fit the needs of your business to help you scale, grow or secure your business
How are fees calculated?
The one-off fee is calculated depending on the advance amount and the estimated term, which are chosen during the application process.
Estimated Term – A “term” is the repayment period for a loan or other credit product.
Since your payments are linked to your sales (Remember, there are no fixed monthly payments!), your term will change (get longer or shorter) depending on how you trade. If you trade down for a month, and make less sales, you will pay back less, which means you will take longer to pay back the advance (increasing the term).
What is a pre-approved offer?
Each offer has already been calculated using anonymous financial data from Cashflows. This means that your offer is pretty much guaranteed. There will be no changes to your offer amount unless you would like to take a smaller advance or adjust your term during the application process.
Can I really get this advance in just a day or two?
Yes! Your advance could be in your account in as little as 24 hours!
Do you allow early settlements?
Yes, we do allow early settlements and merchants can receive a discount on the initial fee too. The majority of merchants prefer to keep their advance facility open and benefit from access to a revolving funding facility.
Do I pay interest?
No, the fee on the advance is calculated upfront as a percentage of the advance value. This fee is fixed and there are no hidden fees or extra costs.
Am I able to access more funding?
Once merchants obtain initial funding, the process of obtaining additional funding becomes even easier. Cashflows offers re-advances once a certain amount of the current advance has been paid back. As soon as your re-advance is available, you will be contacted.