Kilkenny · Co. Kilkenny

Merchant cash advance in Kilkenny

A merchant cash advance in Ireland gives your company an upfront sum that is repaid automatically from a share of future card sales. For limited companies in Kilkenny and across Co. Kilkenny.

Typical amounts: From €10,000; Linked Finance up to €150,000
Repayment: A fixed share of daily card sales
Trading: Often 6 to 9 months or more
Our fee: €0 to you; The lender pays us commission

Quick eligibility check

See what your company could borrow

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What do you need finance for?

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Prefer to talk? +353 1 536 9910

Typical amounts: From €10,000; Linked Finance up to €150,000
Repayment: A fixed share of daily card sales
Trading: Often 6 to 9 months or more
Our fee: €0 to you; The lender pays us commission

Irish limited companies
Several lenders, one request
No fees for your company
No obligation

At a glance

Merchant cash advance in Kilkenny: at a glance

Typical amounts€10k to €250k

Typical terms: Until repaid from card sales

Typical time to funds

around 1 to 2 weeks

What lenders look for

Irish limited companies
Often 6+ months trading
Card takings

1
Tell us what you need
Three taps: purpose, amount, business type. About 60 seconds, no credit search and not recorded on the Central Credit Register.
2
We match you to lenders
We check your profile against lender criteria and approach only those likely to consider it. One request, only to lenders likely to consider it.
3
Compare any offers
See the rate, fees, security and any personal guarantee side by side before you decide anything.

Start my 60-second check

Lenders we work with

We are a broker, not a lender. Lender names and logos are trademarks of their owners and are shown with permission. Their inclusion does not mean the lender endorses Welcome Finance. Finance is subject to each lender’s own approval, which is not guaranteed.

Local insight

How Kilkenny companies use merchant cash advance

A merchant cash advance (MCA), sometimes called card terminal funding or a business cash advance, gives your company a lump sum that is repaid automatically from future card takings. When sales are high you repay faster; when they dip, repayments slow down. In Kilkenny, limited companies in sectors such as agri-food and dairy, financial services, and tourism and hospitality use merchant cash advance for a range of needs. There is no Welcome Finance office in Kilkenny, so we work with Kilkenny companies by phone and online instead. In Ireland, card-sales funding starts at about €10,000. Linked Finance, one of our panel lenders, offers it from €10,000 to €150,000, repaid daily as a fixed percentage of card sales over a maximum of 12 months, to companies with turnover above €100,000. Some MCAs are structured as a purchase of future sales for a fixed fee; others, like Linked Finance’s, are loans priced with interest.

The process

How it works

01
Share card statements
Providers look at several months of card sales and bank statements.
02
Get an offer
The amount, cost and repayment percentage are set.
03
Receive funds
Funds are paid to your company account once you sign.
04
Repay from sales
A fixed share of card takings is collected until the total is repaid.

Calculator

Run the numbers

Advance amount

€5,000€500,000

Factor rate

1.051.50

Monthly card takings

€10,000€1,000,000

Share of card takings repaid

5%25%

Total repayable

€60,000

Cost of the advance: €10,000
Repaid per month (at these takings): €7,200
Estimated time to repay: about 8.3 months
Equivalent APR (collected daily over the estimated time): 71.41%

The cost is fixed up front by the factor rate. Repayments rise and fall with your card takings, so quieter months mean smaller payments and a longer term. The equivalent APR assumes the advance is collected every business day, as merchant cash advances are; a faster repayment means a higher APR.

Check eligibility for this amount

Illustrative only. Actual rates, fees and terms depend on your circumstances and the lender. This is not an offer of finance.

Merchant cash advance for Kilkenny companies

Who it suits

Restaurants, cafés, pubs and hotels
Retailers, salons and gyms with steady card sales
Companies with seasonal card income

Common uses

Refurbishment and new equipment
Stock ahead of busy seasons
Short-term cash flow between peaks

What lenders usually look for

Typical eligibility

Irish limited company taking card payments
Usually 6 to 9 months or more of trading
Minimum turnover set by each provider, such as €100,000 a year at Linked Finance
Personal guarantee often required

Documents to have ready

3 to 6 months of card statements
Business bank statements
Director ID and proof of address

What it costs, and what to watch

Some MCAs charge a fixed fee, sometimes shown as a factor rate; others are loans priced with interest. Either way, ask for the total amount repayable in euro and an estimated repayment period based on your own card sales. Our merchant cash advance guide explains how factor rates work, and the merchant cash advance calculator turns an offer into a total cost.

We are paid commission by the lender when finance completes. We do not charge your company a fee and never ask for payment upfront.

Risk warning

A merchant cash advance is repaid by automatic deductions from your card takings, usually daily or weekly, so less cash reaches your account every trading day until the full amount is repaid. You repay the full agreed amount whatever happens to sales, and the total cost can be higher than a loan, so compare the total repayable in euro. Personal guarantees are often required, and a director who signs one may have to pay if the company does not. Directors should take independent legal advice before signing a personal guarantee. Some advances are not loans and may sit outside lending rules, so read the terms carefully and take advice if unsure.

How we work

Welcome Finance is a commercial finance broker, not a lender. We arrange finance for limited companies for business purposes only; this is not regulated by the Central Bank of Ireland. Finance is subject to status and the lender’s approval. This page is general information, not financial, tax or legal advice. We are paid commission by the lender when finance completes. We do not charge your company a fee and never ask for payment upfront.

Merchant cash advance in Kilkenny: questions

Which local supports in Kilkenny can sit alongside merchant cash advance?

Start with Local Enterprise Office Kilkenny, part of the county council at County Hall on John Street, for grants, mentoring and a Microfinance Ireland referral at 1% off the rate. If you are opening in a long-vacant unit with rates under €5,000, the council’s vacant premises scheme can rebate up to €7,500 over three years.

How does a merchant cash advance work?

The provider reviews several months of your card sales and offers a lump sum. Once you sign, a fixed percentage of each day’s card takings is collected, through your card terminal provider or by direct debit, until the agreed total is repaid. Busy weeks repay more and quiet weeks less, so there is no fixed monthly instalment.

Is a merchant cash advance a loan?

It depends on the provider. Some are structured as a purchase of your future card sales for a fixed fee rather than a loan, while others, such as Linked Finance’s merchant cash advance, are loans with interest repaid from card sales. The structure affects which rules apply, so read the agreement and take advice if unsure.

How much does a merchant cash advance cost?

It varies by provider and by how fast you repay. Ask for the total amount repayable in euro, not just a factor rate or percentage. Our merchant cash advance guide explains factor rates and why a quick repayment can mean a high annual cost, and our calculator works out the total for your own card sales.

Which merchant cash advance providers operate in Ireland?

Several specialist non-bank lenders offer card-sales funding to Irish companies. Linked Finance, one of our panel lenders, offers it from €10,000 to €150,000, and other providers work through card terminal companies. Our panel includes merchant cash advance providers, so we can tell you which may consider your company, but approval is never guaranteed.

Can a restaurant or pub get a merchant cash advance?

Yes, hospitality is one of the main users, because most takings come through card terminals and trade is seasonal. Providers look at several months of card statements and want steady takings. A restaurant cash advance is often used for refurbishment, equipment or stock before a busy season. Leave room for quiet months, since a share of every sale goes to repayment.

What do I need to apply for a merchant cash advance?

Usually three to six months of card statements, business bank statements, director ID and proof of address, and details of your card terminal provider. Lenders also check trading history and turnover: Linked Finance, for example, asks for annual turnover above €100,000. Sending everything together usually speeds up a decision.

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Check your eligibility

For limited companies in Kilkenny and across Co. Kilkenny.

No credit search, not recorded on the Central Credit Register
One request, several lenders: we’re a broker, not a lender
For limited companies registered in Ireland
No fees for your company: we’re paid commission by the lender