New Merchant Cash Advance product set to leave cash flow worries in the past for many small businesses
Cash flow worries could become a thing of the past for many small businesses, after the recent introduction of Boost Capital’s new flexible funding product.
The leading online small business lender has announced the introduction of its Merchant Cash Advance (MCA) facility with the aim of providing hassle-free, flexible and affordable finance in just a matter of days.
Boost Capital has received a new £15m credit line from American investment firm Atalaya Capital Management.
Boost Capital, a leading small business financing platform, has committed to establishing its UK head office in Chelmsford, Essex for the long term.
Whilst Boost’s parent company, BFS Capital, has been well established in the USA for many years, with lending to businesses in excess of £1 billion, the UK office was set up in Chelmsford just five years ago.
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Brokers and funders must build and cultivate our relationships with each other to be able to present a united front to business owners, get our message out that money is available and give SME bosses the information and support to succeed.