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Cash Advance Loan

Our Cash Advance Loan is a short term finance solution that works with your business and its existing credit debit card machine.

What Type of Businesses Use Cash Advance?

Retailers | Restaurants | Gastro Pubs | Tourism

Professional Services | Clinicians | E-commerce

Cash Advance

Our Cash Advance solution allows you to borrow up to €500,000 per facility over a maximum of 12 months. Multiple facilities are available. Repayments are made daily as a small percentage of your future card sales until you have repaid the full amount.

How it Works

Following draw down of your funds, your repayments will be made daily using a portion of what comes through your credit/debit card machine. Unlike a fixed monthly repayment loan, daily flexible repayments work with the natural ebb and flow of your business, reducing pressure on your cash flow.

GRID Express 6

Express Funding

Access up to €25,000 in working capital with our express cash advance product:

  • €10,000 – €25,000
  • Term 6 months
  • Fixed pricing
  • Same day approval

Application Requirements

We require the most recent of the following documents to make a same day approval:

  • 3 Months Banks Statements
  • 3 Months Merchant Statements
  • Tax Clearance Certificate
GRID Express 9

Express Funding

Access up to €50,000 in working capital with our express cash advance product:

  • €25,000 – €50,000
  • Term 9 months
  • Fixed pricing
  • Same day approval

Application Requirements

We require the most recent of the following documents to make a same day approval:

  • 3 Months Banks Statements
  • 3 Months Merchant Statements
  • Tax Clearance Certificate
Max Funding

Max Funding

Access up to 500,000 in working capital with our max cash advance product:

  • €10,000 – €500,000
  • Term 312 months
  • Risk based pricing
  • Approval within 24 hours

Application Requirements

To apply for up to €500,000, we will require the following documents:

  • Financial Accounts
  • Management Accounts
  • 6 Months Banks Statements
  • 12 Months Merchant Statements
  • Tax Clearance Certificate
Use of Funds

Cash advance is frequently used for:

  • Premises expansion
  • Paying off existing debt
  • Purchasing equipment
  • New website
  • Inventory
  • Hiring new staff
  • Refurbishment
Benefits

Benefits of a cash advance include:

  • Repayments are made daily
  • Flexible repayments
  • Security taken on card receipts
  • 100% fulfilled by institutional lenders
  • Rolling credit facility
How To Get Funded
1

Click On

2

Submit Accounts and Statements

3

Get Approved and Funded

Within 24 Hours

Are you an accountant or business advisor with clients seeking funding?

Get In Touch

Our Team is here to help you find the right funding solution.

Speak to one of our Business Relationship Managers in your area and get started with your finance application. Our team of funding experts is committed to provide a personalised solution that suits you and your business.

REQUEST A CALL BACK

Small Business Loans SMEs Ireland
Trust and Security

We employ best in class practices and our site security is verified by independent security auditors

Funds

Customer funds are safely held within a central bank of Ireland regulated bank account and can never be accessed through the GRID Finance platform.

Data Security

GRID Finance are committed to ensuring that your data is secure at all times by adhering to the data protection laws (1998, 2003) and the European Union e-Privacy directive which became law in Ireland in 2011.

SSL Encryption

Your information is encrypted right from registration. We use the latest 256-bit encryption to ensure that your information is always safe.