Retail Finance

At AIF Management, we understand that there can be no one-size-fits all approach to business funding. We believe that business funding should be tailor-made. When it comes to retail stores, there needs to be flexibility. We know that the requirements of a boutique gift store will be different to that of a kid’s clothing store. What you need is a retail business loan that is tailor-made to suit the needs and cash flow of your business as it goes through ups and downs.

It’s not always easy for companies to obtain retail business loans, and most business owners give up after receiving their first rejection. Applying for finance can seem daunting, but it doesn’t have to be. Most entrepreneurs head to their local High Street bank to apply for a retail business loan when they want to grow and expand their business – but this doesn’t always end well. Traditional bank loans are not particularly easy to get.

That is what sets our alternative business funding apart from traditional banks. While we do expect our clients to already be handling their finances responsibly, we do not penalise applicants if they have a less than perfect credit score.

Merchant Cash Advance

A merchant cash advance at AIF Management is designed to work with your business’ growth and not against it, enabling you to receive the cash you need now to help your business flourish. The repayment schedules are designed to wax and wane with your business’ monthly income, so there there’s less of a risk that you will find yourself overloaded with debt.

Approval for this product is primarily subject to your business’ performance rather than your credit score, using your previous months credit card receipts to get an idea of your average total monthly card payments.

Here’s everything you need to know about the merchant cash advance:

• Apply online in just 10 minutes and get a lump sum of £5,000 – £500,000 paid out in just 24 hours
• The cash advance is provided in exchange for a percentage of your monthly credit card and debit card transactions. The money you make through cash sales is yours to keep
• A merchant cash advance is an unsecured cash injection that comes with just one all-inclusive fee and no APR
• With a less than perfect credit score, you can still be accepted

Am I Eligible For A Merchant Cash Advance?

You are eligible for a merchant cash advance if you meet the following criteria:

• Your business is registered in the Cyprus.
• The business has been in operation for 6 months or more.
• The business currently generates a minimum of £5,000 in credit and debit card transactions per month.

Documents Required:

Supporting documentation may be requested after you have completed the online application. You need to have the following readily available:

• Credit card sales statement (4 months)
• Business bank statements (3 months)

Retail Business Loan

Retail business loans from AIF Management are unsecured, which means that you could receive an amount of money for your retail business in full, making scheduled monthly repayments at a fixed fee that includes interest. Loans for retail businesses often require a personal guarantee. This personal guarantee exists as a legal agreement that if your business was to default on loan repayments, you as the business owner becoming personally liable for paying back the money.

Here’s everything you need to know about an unsecured retail business loan:

• Apply online in just 10 minutes and get a lump sum of £1,000 – £500,000 paid out in just 24 hours
• You will be required to make repayments every month at a predetermined interest rate
• The loan is unsecured, so instead of providing collateral you may be asked to sign a guarantee
• With a less than perfect credit score, you can still be accepted

Am I Eligible For A Retail Business Loan?

You are eligible for a retail business loan if you meet the following criteria:

• Your business is registered in the Cyprus.
• The business has been in operation for 6 months or more.
• The business currently generates a minimum monthly turnover of £5,000.