Please update your browser.
Download the latest version of a supported browser below to get the most out of this website:
Square Cash Advance Fund what’s possible
Apply in minutes – no long forms
Get money in days, not weeks
One-time funding cost
Money to keep your business running at its best
Just an example.
Just an example.
Just an example.
Just an example.
Just an example.
Easier access to money
Get quick and easy access to funding just by running your business with Square. Cash Advance offers are for eligible Square sellers.
Just an example.
Business performance matters
Offer eligibility comes down to your unique business data, not your credit history. Take payments with Square, and you may be offered funding based on your Square sales and payment frequency, among other criteria.
Just an example.
Customisable offers
You know your business and your plans best, so it’s up to you. Choose the amount (up to your max offer) you can comfortably afford. You’ll see your funding amount and one-time funding cost directly upfront. No interest ever.
Just an example.
Deductions that flex
Square purchases and automatically deducts a percentage of every card sale until your balance is met. Less will be deducted on slow days, more when it’s busy – and nothing on days you’re closed. Funding balances are typically met in a year or less.
‘With easy access to funding, I’m able to make improvements and grow my business without risk, since repayments come from my card sales.’
Michael Sayward
Owner, Millie & Mini
FAQs
Is Square Cash Advance a loan?
No, Square Cash Advance is not a loan. It is a merchant cash advance, which provides you with a funding advance upfront in exchange for a percentage of your future card sales that Square will purchase from you. We will automatically deduct a percentage of your future card sales on days you process payments with Square. Unlike loans, there is no interest – just a simple funding cost. There are also no monthly payments due, so the progress you make on your total balance will vary with your business – ie Square will withhold less when sales are slow, more when they’re strong, and none on days you don’t process payments.
How are my future sales deducted from my payment processing?
A percentage of every card sale is automatically deducted until Square receives the total balance in full. This rate applies in addition to Square’s normal processing fees.
How long does it take to review an application?
Once you apply, please allow up to three working days for your application to be reviewed. We’ll email you with an update about your application once the review is complete. If approved, funds will be deposited into your Square-linked bank account within 1–3 working days, depending on your bank’s processing speed. For more information about timing, please contact your bank.
Can I request a different funding amount?
Yes, you can use the slider to select the amount that best fits your business – up to your maximum offer amount. As you adjust your amount, the funding cost and percentage of card sales withheld will change accordingly. We cannot currently offer more than the maximum amount.
Will applying affect my personal credit score?
Square Cash Advance is not a credit product and won’t affect your credit score. You also will not be required to provide a personal guarantee.
What can I use the merchant cash advance for?
You can use the merchant cash advance to purchase inventory, upgrade your equipment, invest in marketing or anything else you may need to keep your business running smoothly. However, the funding is only for business use. You can’t use the funds for any personal, household or family reasons.
If I have questions about this funding, can I talk to a real person?
Yes, we’re available from Monday to Friday from 9:00 to 17:00 on 0800 098 8008.
What is a merchant cash advance?
A merchant cash advance (MCA) gives you quick access to funds based on your future card sales. Instead of a traditional loan with fixed monthly payments, you receive a lump sum upfront and repay it automatically as a small percentage of your daily card transactions.
It is designed to move with your business. When sales are strong, you repay a little more. When things are quieter, you repay less. There are no hidden fees or long forms to fill in.You can use the funds however you need, like buying stock,covering unexpected costs or investing in growth.
With Square, the process is simple and transparent. You see your total cost upfront before accepting the advance, and repayments happen automatically through your Square sales, so you can stay focused on running your business.
Who’s eligible for a Square Cash Advance?
A Square Cash Advance is available to eligible UK businesses that use Square to process payments, such as sole traders or partnerships with a consistent sales history, typically at least £10,000 in card payments over the past 12 months and transactions on 20 or more separate days. Eligibility is based on business performance with Square rather than credit scores, and offers are extended automatically to qualifying sellers.
Payments, funding and more – all working together seamlessly.
Square Cash Advance is not regulated by the Financial Conduct Authority (FCA). All merchant cash advances are issued by Squareup Europe Ltd, registered in England and Wales (no 08957689). You must be a Squareup Europe Ltd customer with a sole trader or partnership business structure. Offer eligibility is not guaranteed. If approved, Square will purchase your future card sales at a discount. All merchant cash advances are subject to approval. Terms and conditions apply.