Merchant card finance (MCF) or a merchant cash advance is one of the most innovative funding solutions available for small businesses and SMEs in the UK. This finance option is relatively new and is designed to help businesses whose income fluctuates throughout the year. It has become particularly popular with the leisure and hospitality industries, whose business can be seasonal.
As we finally come out of lockdown and restrictions begin to ease, many of us are relieved, if not a little nervous, to have our businesses back open and trading again.
Topics: Invoice Financing