The application process is very quick and easy and the funding will be in your bank account within 24-72 hours. Whilst standard business financing involves credit checks and assets to secure a loan, Merchant Funding brings a breath of fresh air to the process. There are no credit footprints and no security is required. The investigated the availability of external finance for SMEs in the UK. It found that only 7 out of 10 loan and overdraft applications in the first quarter were approved [1] The only requirement to take advantage of this scheme is that businesses accept a minimum of in the region of £2,500 a month in card sales and have six months of merchant statements.To apply for a cash advance or for further details about this new product please call us for free on 0800 881 8104.