Opening a Second Site Without Waiting for a Bank
Funds in
24 hours
Outcome
Second site in 3 weeks
The Challenge
Imagine you own a convenience store that has been trading well for 18 months. You have found the perfect second site in a busy residential area and need funds quickly to cover stock, shop fit and the first month's rent on the new premises. You have strong card takings at your existing store but have only been trading for 18 months - too short for most traditional lenders to consider.
How This Could Work
A merchant cash advance assessed on your existing store's monthly card takings rather than your trading history could provide the funds you need within 24 hours. Repayment is taken as a small percentage of daily card sales - meaning on quieter days you repay less automatically. No fixed monthly repayment, no security required. Seven Hills Capital Group would compare the full MCA market to find the most competitive terms for your card revenue profile.
The Potential Outcome
Advance approved within 24 hours. Second site open within three weeks of the initial enquiry. Repayments flexing naturally with revenue throughout.
This is an illustrative example only. Not a guarantee of outcome. All finance is subject to status and individual lender criteria.
Could This Work For You?
Our team will tell you honestly in one conversation whether this is the right product for your situation - and if not, what is.
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