The only flexible finance solution you need

Through our partnership with Recap, we bring you Cashflows Advance. This advance is a pre-qualified offering, based off your daily card revenue. We analyse your anonymous financial data, Recap conducts KYC/KYB to approve the application and then an offer will be made to you. 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:

1. You are an active limited company with healthy turnover.
2. You have been trading with Cashflows for a minimum of 6 months.
3. Your card turnover is at least £1,500 per month.

You can use this for any of your business needs. 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

No collateral is required. This is not like a normal bank loan; it is unrestricted and unsecured. This means 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.  

This advance is offered through your already trusted platform, Cashflows. 

You can receive the funding same day or within 24 hours. Your advance is made to fit the needs of your business to help you scale, grow, or secure your business.

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).  

Each offer has already been calculated using anonymous financial data from Cashflows. 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. 

Yes, we do allow early settlements and merchants can receive a discount on the initial fee too. However, most merchants prefer to keep their advance facility open and benefit from access to a revolving funding facility.

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.

Once merchants obtain initial funding, the process of obtaining additional funding can become easier. Cashflows can offer a re-advance once a certain amount of the current advance has been paid back providing you still qualify. As soon as your re-advance is available, you will be contacted.

Your financing will be provided by Retail Capital (UK) Ltd trading as Recap and as such you will sign terms and conditions (contract) with Recap.

The contract period of the advance is agreed on upfront and the full advance must be repaid before you can exit your contract with Cashflows and Recap. If you choose to repay your advance before the contractual term ends, yes you can cancel.

Contact Cashflows support for any enquiries: support@cashflows.com