SAPI’s Merchant Cash Advance (MCA) provides a simple, flexible repayment structure that adapts to your business’s cash flow. Instead of fixed monthly installments, repayments are automatically deducted as a percentage of your daily card sales—allowing you to pay more when business is thriving and less when sales slow down.
Below, we explain how repayments work, covering repayment rates, our minimum monthly repayment structure, and early repayment options.
Repayment Rates
Repayments for your cash advance are calculated as a fixed percentage of your daily card transactions. This means that instead of worrying about fixed monthly payments, your repayments adjust naturally with your revenue. For example:
If your repayment rate is 10% and you generate £1,000 in card sales on a given day, £100 is automatically deducted towards repaying your advance.
On a slower day where you only process £500, your repayment for that day would be just £50.
This flexible structure ensures your repayments remain manageable and aligned with your business’s performance.
✨ Note:
SAPI also enforces a monthly minimum repayment via direct debit to avoid no to very low repayments being made in certain months.
Early Repayment Options
We understand that businesses may want to repay their advance sooner than planned. With SAPI, early repayment is simple and comes with no penalties or hidden charges. Paying off your advance early can help reduce long-term costs and free up cash flow for new opportunities.
You can make additional payments towards your advance at any time.
The total cost of your MCA is agreed upfront, meaning early repayment does not incur extra fees.
If your business experiences an unexpected surge in revenue, you can clear your balance faster without restrictions.
This flexible approach allows you to manage your funding in a way that best suits your business’s needs.
FAQs
What fees do SAPI charge?
We charge a simple, fixed fee ranging between 10% and 25% of your total advance, based on your credit profile. You don’t pay this fee if you don’t receive funding.
How do I qualify for the best pricing?
Pricing is based on factors such as your card processing revenue and the strength of your business’s credit profile. We strive to offer the best possible rate.
What do I need to apply?
You’ll need to provide basic information like director details, business activities, and your intended use of the funds. If needed, we may ask for additional documents such as card transaction statements. You can find more information about the requirements here.