Business Genre
Short Business Description
A PDQ Cash Advance or Business Cash Advance is a quick and easy alternative to a bank loan which secures lending using your business’ card terminal. Repayments are taken from the transactions processed through a PDQ machine (card machine). This type of loan is ideal for businesses that operate seasonally as loan repayments are minimal on months with a low turnover and more substantial on months with a high turnover.
Long Business Description
A PDQ cash advance is an unsecured advance of cash, based upon future credit and debit card sales. A pre-agreed percentage of your businesses card transactions are taken to repay the loan, until the confirmed total payback has been met. As payback is directly linked to card takings, you’ll only pay back your advance when your business earns.
