MCA Repayment
Navigating Your Repayment Choices and Finding Repayment Relief with SAPI
I would like to change my direct debit details
How do I change repayment details for my business?
Will I be charged for settling my Merchant Cash Advance (MCA) in full early?
Are there any charges applied on default?
I’ve received a pre-default notice, what should I do now?
How do I recognise a notice of default?
What is a pre-default notice?
What happens if I default on my MCA?
What is a default?
Why was the amount debited from my linked bank account different than my repayment?
Am I able to make additional repayments beyond the payment-linked sales repayments?
Can I pay off my MCA early?
How do I repay my loan?
I sold/closed my business, what happens next?
What happens if my loan matures but I still have an outstanding loan balance?
Who can I contact if I have questions about my minimum payments?
Can I change the repayment rate?
If I have a minimum payment due, what happens if I make a payment on the same day?
What happens if my sales don’t cover my minimum payment?
What happens if I just make my minimum payment?