PDQ Funding UK: Card Machine Finance, Eligibility and Costs in 2026
PDQ funding in the UK allows eligible businesses to access working capital based on the debit and credit card payments processed through their PDQ machines or other qualifying payment systems. Funding is commonly structured as a merchant cash advance (MCA), where an agreed percentage of future card sales is collected until the contracted amount has been satisfied.
The term can also refer to PDQ Funding, a UK business finance brokerage that helps businesses explore merchant cash advances through third-party funding providers.
These two meanings are related but not identical.
If you operate a restaurant, takeaway, pub, convenience store, off-licence, café, retail shop or another card-taking business, your payment-processing history may support an application for commercial finance.
However, having a PDQ terminal does not automatically make a business eligible. Providers assess card turnover, trading history, existing financial commitments and whether the proposed deductions are affordable.
This guide explains how PDQ funding works, the role of PDQ Funding as a broker, eligibility requirements, the documents needed, funding costs and how to compare available UK financing arrangements.
What Is PDQ Funding in the UK?
PDQ funding is commonly used to describe business finance supported by future debit and credit card receipts.
The expression comes from the term PDQ machine, which refers to the card terminals businesses use to accept customer payments.
PDQ stands for Process Data Quickly.
In modern UK retail and hospitality, a PDQ machine is essentially a card payment terminal. You may also hear it called a card reader, Chip and PIN terminal, payment terminal or card machine.
The terminology is largely interchangeable, although hardware types and payment-processing arrangements differ.
Funding against transactions processed through these machines usually takes the form of a merchant cash advance.
Under a conventional MCA, an eligible business receives an upfront amount in exchange for an agreed share of future qualifying sales.
For example, a retailer might receive £15,000 and agree that the provider will collect £18,000 from future card receipts.
The additional £3,000 represents the agreed fixed funding charge.
If the business and provider agree to a 12% collection rate, 12% of qualifying card takings would generally be directed towards satisfying the agreement.
The remaining proceeds would be available to the business, before other relevant payment-processing charges and adjustments.
The British Business Bank describes merchant cash advances as short-term financing based on debit and credit card transactions.
Importantly, a conventional merchant cash advance is generally structured as a purchase of future receivables rather than a traditional business loan.
The exact legal and financial obligations depend on the contract.
Is PDQ Funding a Lender or a Broker?
PDQ Funding, the UK company operating at pdq-funding.co.uk, identifies itself as a business finance broker, not a direct lender.
This distinction is important for applicants searching for PDQ Funding UK.
According to its published merchant funding information, the company introduces businesses to financing providers and helps applicants understand available commercial funding options.
Its website explains that:
- It operates as a commercial finance intermediary.
- Funding decisions are made by participating providers.
- It receives commission from the lender following a successful introduction.
- It states that customers are not charged a fee for using its brokerage service.
- Financing is subject to the provider's underwriting and contractual terms.
The company's published merchant loan page advertises funding opportunities between £5,000 and £200,000.
However, this is an advertised range for potential financing arrangements, not a guaranteed advance or confirmation that a particular applicant qualifies.
Its website also contains different eligibility thresholds across various product pages. Some describe 12 months of trading and £5,000 in average monthly card sales, while others describe different minimums depending on the available financing product.
Businesses should therefore obtain current written eligibility requirements rather than relying on a single published threshold.
PDQ Funding is not the same thing as every provider of PDQ card-machine finance in the UK.
A business may obtain funding against its card receipts through other funders or payment platforms without using PDQ Funding as its intermediary.
This article is an independent educational overview and is not affiliated with PDQ Funding.
How Does Funding Through a PDQ Card Machine Work?
Card-machine financing is based on the transactions the business processes through an eligible payment provider, rather than the value of the physical terminal.
The process generally involves five stages.
1. The Business Accepts Card Payments
A business processes customer debit or credit card purchases through its payment terminal.
For example, a takeaway might use a countertop card terminal, while a restaurant uses portable payment devices at customers' tables.
These transactions generate payment-processing records that show the business's card activity.
2. The Funding Provider Reviews Card Turnover
The provider examines the business's transaction history to understand average monthly card sales, revenue stability and other relevant factors.
Depending on the arrangement, the applicant may be asked for merchant-processing statements or may authorise access to existing payment-platform data.
3. The Provider Makes a Financing Offer
If the business meets its underwriting criteria, the funder may offer an advance.
The proposed terms should identify the upfront amount, fixed funding cost, total receivables purchased and percentage of qualifying sales to be collected.
4. The Advance Is Paid to the Business
After approval and completion of the required documentation, funds are transferred according to the provider's procedures.
An initial eligibility indication does not guarantee approval or a particular funding date.
5. Collections Are Deducted From Future Card Sales
The provider generally receives the agreed percentage of eligible card transactions.
Collections usually increase when card takings increase and decrease when eligible sales fall, subject to any contractual minimums or other terms.
Once the contracted receivables amount has been collected, or the agreement has otherwise been settled, the collection arrangement ends under its terms.
How Much PDQ Funding Can You Get?
The amount available depends on the business's processing history and the specific provider's criteria.
There is no reliable industry-wide formula that guarantees a particular advance based on monthly PDQ takings.
Different UK providers publish different funding ranges.
PDQ Funding
PDQ Funding's merchant loan materials advertise potential financing between £5,000 and £200,000 through its brokerage offering.
The amount available depends on the participating finance provider and the business's individual circumstances.
365 Finance
365 Finance advertises merchant cash advances from £10,000 to £500,000.
Its current main product page lists at least six months of trading and £10,000 in monthly card sales.
The company explains that card-machine and qualifying online payment transactions can be used in assessing its merchant cash advance offering.
Worldpay Business Finance
Worldpay Business Finance, provided by Liberis, advertises funding of £1,000 to £300,000 for qualifying customers.
Eligibility depends on payment-processing history, business circumstances and underwriting.
Square Cash Advance
Square Cash Advance provides personalised offers to eligible Square customers in the UK.
The available amount depends on the merchant's actual Square processing activity and other eligibility factors.
Square's merchant cash advance programme is restricted to eligible sole traders and partnerships.
These are different financing programmes, not interchangeable offers.
An advertised maximum is not a prediction of how much a business will be approved for.
PDQ Funding Repayment Example
To understand the financial impact of a merchant cash advance, consider the following hypothetical example.
A UK restaurant has been trading for four years and generates approximately £20,000 per month through its PDQ card terminals.
The owner requires £15,000 to replace commercial kitchen equipment and purchase additional inventory.
A funding provider proposes the following arrangement:
- Advance received: £15,000
- Fixed funding fee: £3,000
- Total receivables to be collected: £18,000
- Agreed percentage of eligible card sales: 12%
- Average monthly eligible card turnover: £20,000
At £20,000 in monthly qualifying card sales, the business would deliver approximately £2,400 per month.
Assuming card sales remained constant, the full £18,000 would be collected in approximately 7.5 months.
The funding fee represents 20% of the initial £15,000 received.
That 20% is not a 20% annual percentage rate. The effective annualised financing cost depends on the timing of collections and the complete contractual fees.
What Happens if PDQ Sales Fall?
Suppose the restaurant's card receipts fall to £10,000 per month from the start of the arrangement.
At the same 12% collection percentage, the amount collected would decline to approximately £1,200 per month.
At that consistently lower sales level, the £18,000 total would take around 15 months to collect.
These estimates assume that the agreement has no separate minimum-payment requirement, that the collection percentage remains unchanged and that no other contractual provisions alter the calculation.
This example demonstrates why businesses should consider their weaker trading periods rather than assessing affordability solely using their strongest sales months.
Do You Need to Own Your PDQ Machine to Qualify?
Not necessarily.
The primary consideration in conventional PDQ funding is generally the business's eligible payment-processing activity, not whether it owns or rents the physical terminal.
Many UK businesses rent card terminals from acquiring banks or payment-processing companies.
Others purchase payment readers outright.
A business may use countertop, portable or mobile terminals depending on how customers pay.
The equipment's ownership arrangement does not by itself establish whether the business qualifies for an MCA.
However, the particular payment provider matters.
Certain funding programmes require an eligible merchant account or depend on transaction data and collections through a designated processor.
Applicants should confirm whether their payment-processing arrangement is compatible with the proposed financing.
Which Types of PDQ Machines Can Support Funding?
The type of terminal does not automatically determine whether funding is available.
What matters is whether the provider can verify qualifying business sales and establish an appropriate collection arrangement.
Countertop PDQ Terminals
Countertop terminals are commonly used at fixed retail tills, takeaway counters and convenience stores.
They process payments at a designated checkout location.
Transaction records from a compatible payment provider may support a card-sales funding application.
Portable PDQ Terminals
Portable terminals are widely used by restaurants, cafés and pubs.
Customers can pay at their table or elsewhere within the venue.
The business's processing history can be relevant regardless of whether the payment was accepted at a countertop or through a portable device.
Mobile PDQ Machines
Mobile terminals use a suitable wireless connection and may be used by mobile traders, food businesses, markets or service providers.
A mobile business may qualify if it meets the provider's trading, revenue and underwriting requirements.
Integrated EPOS and Card Payment Systems
Some businesses connect card terminals directly to electronic point-of-sale systems.
This can simplify sales reporting and reconciliation.
However, an EPOS sales report and an actual merchant-processing statement are not necessarily the same document.
An MCA provider may need the underlying card transaction records rather than general till sales.
What Are PDQ Statements, and Why Do Providers Ask for Them?
A PDQ statement is generally a merchant-processing statement showing debit and credit card transactions processed through a business's card payment account.
The term is sometimes used interchangeably with card merchant statement or card-processing statement.
These records help a funding provider verify the amount and consistency of eligible sales.
A merchant statement may show:
- Total card transactions during the statement period.
- Gross card-processing volume.
- Refunds and chargebacks.
- Card payment settlements.
- Merchant service fees.
- Transaction adjustments.
- Payment-processing account details.
The information and formatting vary by acquirer or payment provider.
PDQ Statement vs Business Bank Statement
A PDQ statement records payment-processing activity.
A business bank statement shows the amounts actually entering and leaving the business's bank account.
These records can differ because processing fees, refunds, settlement timing and other adjustments may affect the amount deposited.
For example, a business might process £25,000 in gross card sales during a month but receive a different total in net merchant settlements.
A provider may request both records to reconcile card sales with business banking activity.
How Many Months of PDQ Statements Are Required?
Requirements vary.
Some providers may request approximately three to six months of card-processing records.
Other programmes rely on longer trading histories or transaction information already available within their payment platforms.
PDQ Funding's published materials describe different requirements across its pages, including references to six months of statements and longer overall trading histories.
Before submitting documents, confirm the actual provider's required statement period and whether records from a previous card processor can be accepted.
Can You Get PDQ Funding With Multiple Card Machines?
Potentially.
Many businesses process transactions through more than one terminal.
For example, a restaurant may operate several portable card machines, while a retailer uses multiple checkout terminals.
Where these devices settle through the same merchant account, a consolidated processing statement may show the total eligible activity.
However, the number of card terminals is not itself the basis of funding approval.
A business operating five card machines does not necessarily qualify for a larger advance than one using a single terminal.
Providers are generally more concerned with verified revenue, its consistency and affordability.
What if You Use Different Card Payment Providers?
Some businesses operate multiple merchant accounts or accept payments through different platforms.
For instance, a company may process in-store card transactions through one provider while receiving online payments through another.
The MCA funder must determine which receipts are eligible and how its agreed collections will operate.
Some programmes may only collect from transactions processed through a designated platform.
Applicants should disclose all relevant payment-processing arrangements and avoid assuming that every card sale will automatically qualify.
PDQ Funding Eligibility Requirements UK
Each financing provider uses its own underwriting criteria.
However, several factors are commonly relevant.
Trading History
Providers generally need evidence that the business has operated long enough to establish a meaningful record of sales.
Some programmes consider businesses trading for at least six months.
Others require a longer operating history.
Average Monthly Card Turnover
Card-processing volume is a central consideration.
A business with consistent monthly card receipts may be more relevant to conventional MCA underwriting than one generating most revenue through bank transfers.
Minimum turnover thresholds differ considerably between providers.
Existing Business Finance
The provider may consider outstanding business loans, overdrafts, equipment financing and other merchant cash advances.
Existing commitments can reduce the amount of future revenue available for an additional advance.
Business Bank Activity
Recent bank statements may reveal cash-flow issues, unusual transactions or affordability concerns.
An applicant with strong gross card turnover may still be declined if operating expenses and existing finance obligations leave insufficient cash.
Credit History
Some funders place considerable emphasis on trading performance, but credit checks may still be required.
An imperfect credit score does not automatically prevent eligibility, nor does it guarantee approval.
Business Ownership and Verification
A provider may request identification of directors, partners or beneficial owners.
The business structure can also affect product availability and personal guarantee requirements.
Can You Get PDQ Funding With Bad Credit?
Potentially.
Certain UK merchant cash advance providers assess businesses primarily through their trading and card-sales performance.
This means some businesses with adverse credit may still be considered.
However, a provider can still review credit reports, existing defaults, insolvency information and other financial circumstances.
For example, Worldpay explains that Liberis performs credit, affordability and insolvency checks when assessing applications for its Business Cash Advance programme.
A business should not assume that PDQ funding is universally available without a credit check.
Before applying, ask whether the funding process involves a soft credit search, hard credit search or other financial verification.
Avoid relying on advertisements promising guaranteed funding regardless of credit history.
Can a New Business Get PDQ Funding?
Some relatively new businesses may qualify for certain sales-based funding products, provided they have sufficient verifiable revenue.
However, conventional merchant cash advances generally rely on an established transaction history.
A business that has only recently acquired a PDQ machine but has not generated meaningful card receipts may find it difficult to qualify.
Opening a merchant-processing account does not itself create a funding entitlement.
Providers want to assess genuine business activity and the expected availability of future receivables.
Start-ups without substantial trading history may need to consider other forms of commercial financing.
What Does PDQ Funding Cost?
Traditional merchant cash advances generally involve a fixed funding fee agreed at the start.
The provider pays an upfront amount in exchange for a larger value of future receivables.
For example, a £20,000 advance with a total collection amount of £25,000 includes a £5,000 fixed funding fee.
That represents 25% of the cash advanced.
However, this simple percentage does not represent the annualised financing cost.
The amount of time required to collect the £25,000 is important.
An advance fully collected in six months has a different annualised cost from one collected over 15 months.
Other Costs and Terms to Review
Before accepting a PDQ-based financing offer, check for:
- Any fees deducted from the advance before disbursement.
- Broker or introducer fees, where applicable.
- Merchant-processing charges.
- Minimum collection requirements.
- Personal guarantees.
- Early settlement conditions.
- Default and enforcement provisions.
- Payment processor restrictions.
Some MCA products offer a fixed overall fee without additional activation charges.
Others may involve different contractual costs or protections.
A funding agreement with no conventional interest rate can still carry a high effective financing cost.
Are PDQ Funding Repayments Taken Daily?
Many UK card-sales-based advances collect an agreed share of eligible daily transactions.
However, the collection mechanism can differ by provider.
For example, Worldpay Business Finance describes a process where Liberis receives an agreed percentage of daily batched card transactions processed through Worldpay.
Square similarly withholds a specified percentage of eligible card sales under its Cash Advance programme.
These arrangements are different from a conventional business loan with a scheduled fixed monthly instalment.
However, not all revenue-based finance products operate in exactly the same way.
Some may include minimum monthly remittances or other obligations.
For instance, Liberis discloses that certain Business Cash Advance arrangements have a monthly minimum amount of up to 3% of purchased receivables, with a shortfall potentially collected by direct debit.
Always verify the exact collection method in the proposed agreement.
Does PDQ Funding Deduct Money From VAT-Inclusive Sales?
It may.
Some providers calculate their collections using gross eligible card receipts, including VAT.
For example, Square's UK Cash Advance guidance states that its percentage is applied to gross card sales, including VAT and customer tips, in addition to the normal processing fees.
Consider a hypothetical shop processing £1,000 in gross eligible card sales on a particular day.
With a 10% collection rate, £100 would be withheld under a contract using that gross sales base.
The business would receive the remaining £900 before relevant processing fees and adjustments.
However, part of the original customer payment may represent VAT that must subsequently be accounted for to HMRC.
This makes cash-flow planning important.
A business should not assess MCA affordability simply by looking at gross card revenue.
It should consider VAT, payroll, stock, rent, suppliers and all existing financial commitments.
Can You Get PDQ Funding for a Restaurant or Takeaway?
Restaurants and takeaways are common users of card-sales-based finance because they frequently process customer payments through PDQ terminals.
Eligible working capital may be used for legitimate expenses such as kitchen repairs, commercial equipment, inventory or planned refurbishment.
However, restaurants often have substantial recurring costs.
An MCA deduction from daily card receipts can reduce money available for food suppliers, employees and premises.
Delivery-platform sales may also be treated differently depending on how payments are processed and settled.
Before applying, restaurant owners should calculate qualifying merchant receipts separately from revenue paid through bank transfers or third-party platforms.
PDQ Funding for Convenience Stores and Off-Licences
Convenience shops and off-licences may generate frequent card transactions, making them relevant to MCA underwriting.
Funding could potentially support additional stock, refrigeration equipment or other commercial requirements.
However, many convenience businesses rely on regular inventory replenishment and operate with tight margins in certain product categories.
A percentage deducted from gross card takings can therefore place considerable pressure on the cash available to restock shelves.
The business should examine gross margins and essential operating expenses, not just card transaction volume.
PDQ Funding for Pubs, Bars and Nightclubs
Pubs and licensed venues may accept substantial customer card payments but experience major differences between weekday and weekend sales.
Holiday and seasonal trading patterns can also affect revenue.
A fully sales-linked advance may adjust collections as eligible receipts change.
Nevertheless, minimum payment provisions or other contractual conditions may reduce this flexibility.
Hospitality operators should assess affordability using both stronger and weaker trading periods before accepting funding.
PDQ Funding for Garages and MOT Centres
Automotive service businesses may process card payments for repairs, tyre replacements, MOT tests and other retail services.
A qualifying card-sales history can support an MCA enquiry.
However, a garage serving commercial fleet customers may receive a substantial share of its revenue through invoices.
In that case, invoice finance or another working capital solution may be more suitable.
For businesses purchasing lifts, diagnostic machinery or other long-life assets, equipment finance may also deserve consideration.
PDQ Funding for Salons, Barbers and Retail Shops
Beauty salons, barbershops and independent retail businesses often accept recurring debit and credit card payments.
A merchant cash advance might support stock, refurbishment, equipment or another defined commercial expense.
However, eligibility depends on the provider, and a recurring customer base does not automatically establish affordability.
Businesses should assess the percentage of daily receipts that would remain available for wages, rent and other operating expenses.
PDQ Funding vs a Traditional Business Loan
The central difference is usually the financing structure and collection method.
PDQ-Based Merchant Cash Advance
A conventional MCA generally involves an upfront payment in exchange for specified future receivables.
Collections are commonly calculated as a percentage of eligible card sales.
The expected completion period varies with sales performance.
A fixed funding charge often establishes the total amount to be collected.
Traditional Business Loan
A conventional business loan creates a borrowing obligation with an agreed repayment schedule.
Interest or other finance charges may apply.
Repayments are often due on predetermined dates regardless of whether card sales are strong or weak.
A business loan may be appropriate for longer-term projects with predictable cash flows.
An MCA may be worth considering for a shorter-term funding need supported by regular eligible card receipts.
Neither product is automatically cheaper or more suitable.
Compare the total costs, legal obligations and effect on the business's available cash.
Is PDQ Funding the Same as Financing a Card Machine?
No.
These two financing needs should be distinguished.
PDQ funding against card sales usually refers to raising working capital based on future payment transactions.
PDQ machine financing may refer to paying for the physical card terminal itself, including a purchase, lease or rental arrangement.
For example, a business may rent a card machine for a monthly fee from a payment provider.
That is not the same thing as receiving a merchant cash advance against future card receipts.
Owning a card machine does not automatically qualify a business for an MCA, and accepting an MCA does not necessarily transfer ownership of payment equipment.
Businesses should confirm which product is being discussed before comparing quotes.
Can You Change PDQ Providers While an MCA Is Outstanding?
Possibly, but it depends on the agreement.
Many merchant cash advances are linked to a particular payment-processing arrangement.
Changing merchant acquirers or diverting transactions to a different account may affect the provider's ability to collect the purchased receivables.
Some contracts require advance notification or consent before changing processors.
Others may contain specific restrictions on how customer payments are accepted and settled.
Before switching providers, check the MCA agreement and obtain written clarification from the funder.
Do not assume that installing a new PDQ terminal automatically releases the business from existing financing obligations.
How to Apply for PDQ Funding in the UK
A well-prepared application begins with accurate information about the business's actual card-processing activity.
Step 1: Establish the Funding Requirement
Calculate how much capital the business needs and identify the specific commercial purpose.
Avoid requesting substantially more than necessary.
Step 2: Review PDQ Card Turnover
Obtain recent card-processing statements and calculate average monthly qualifying receipts.
Separate eligible card transactions from cash, bank transfers and customer invoices.
Step 3: Prepare Business Documents
Depending on the funder, you may need:
- Business name and trading address.
- Company registration details, where applicable.
- Director or owner identification.
- Recent business bank statements.
- PDQ merchant-processing statements.
- Details of existing loans and cash advances.
- Requested funding amount and purpose.
Step 4: Identify an Appropriate Funding Route
Determine whether you want to approach a direct financing provider or explore available products through a commercial finance intermediary.
If using a broker, ask how the business is compensated, which providers may receive your information and whether any applicant fees apply.
Step 5: Complete the Funding Enquiry
Submit accurate financial and business information through the approved application process.
The provider may request additional documents or explanations during underwriting.
Step 6: Review the Financing Terms
Before accepting, confirm the net funding amount, fixed fee, total purchased receivables and card-sales collection percentage.
Check guarantees, minimum-payment clauses, early settlement terms and payment processor restrictions.
Step 7: Complete Verification and Funding
If approved, complete the required agreement and any final conditions.
Funds are then disbursed according to the provider's procedures.
No funding amount, approval decision or disbursement date should be treated as guaranteed.
Is PDQ Funding FCA-Regulated?
The regulatory status depends on the actual company, product and contractual arrangement.
Many UK merchant cash advances are structured as purchases of future receivables rather than conventional regulated credit agreements.
For example, Liberis states that its Business Cash Advance is a form of receivables finance and is not regulated by the Financial Conduct Authority.
Square similarly states that its Cash Advance product is not FCA-regulated.
PDQ Funding's published terms identify the company as a credit broker rather than a direct lender and state that it is not FCA-authorised and regulated.
However, this does not establish that every product offered through an intermediary has identical legal treatment.
A business should verify the actual funding entity, the nature of its agreement and which regulatory protections apply.
The FCA Firm Checker can help confirm a firm's relevant permissions.
Before entering into substantial commercial financing commitments or providing a personal guarantee, consider independent legal or financial advice.
Frequently Asked Questions About PDQ Funding UK
What does PDQ funding mean?
PDQ funding commonly refers to working capital provided against future card transactions processed through PDQ terminals or eligible online payment systems. It can also refer to PDQ Funding, a specific UK commercial finance broker.
Is PDQ Funding a direct lender?
No. PDQ Funding's own website and terms identify it as a business finance broker that works with third-party funding providers.
How much can I get from PDQ Funding?
PDQ Funding's merchant funding page advertises potential advances between £5,000 and £200,000 through its brokerage offering. Actual funding depends on lender eligibility and underwriting.
What is the minimum monthly card turnover required?
There is no universal requirement. PDQ Funding publishes different thresholds across its pages, while 365 Finance advertises £10,000 in monthly card sales and Worldpay Business Finance publishes its own criteria.
Can I get PDQ funding with £5,000 in monthly card sales?
Possibly, depending on the provider and other eligibility requirements. PDQ Funding's FAQ refers to £5,000 in average monthly card sales, but other product pages use different criteria. Meeting a turnover threshold does not guarantee financing.
Can I get PDQ funding with bad credit?
Some providers consider businesses with adverse credit if their sales and financial circumstances meet underwriting criteria. Credit checks and affordability assessments may still be required.
Do I need a physical PDQ terminal?
Not always. Certain financing programmes accept qualifying online payment activity. Eligibility depends on the payment provider and financing structure.
Can I use a rented PDQ machine?
Potentially. Funding is generally assessed using qualifying sales rather than ownership of the terminal, subject to payment-processing compatibility and other criteria.
Can I get funding with a Square card reader?
Eligible UK Square sole traders and partnerships may receive Square Cash Advance offers. Square's own underwriting and processing requirements apply.
Do I need three months of card statements?
Some funders may request three months, while others require a longer period or use existing payment-platform data. Confirm the exact requirements with the provider.
Can I get PDQ funding for £10,000 or £50,000?
Both amounts fall within the published ranges of certain UK merchant finance providers. Actual eligibility depends on the business's finances and the specific product.
How quickly can PDQ funding be approved?
Some providers advertise decisions or disbursement within a few working days. Actual times depend on verification, underwriting and contractual requirements. Approval and funding timelines are not guaranteed.
Are repayments taken directly from my PDQ terminal?
Many arrangements collect an agreed percentage of eligible card settlements through the payment processor. The actual collection mechanism depends on the finance provider and agreement.
Does PDQ funding have an interest rate?
A conventional receivables-purchase MCA commonly uses a fixed funding fee rather than interest charged on a loan balance. However, the funding still has an economic cost, and similarly marketed products can use different structures.
What happens if my card sales fall?
Under a fully sales-linked arrangement, collections generally decrease when eligible card receipts fall. Minimum remittance requirements or other contractual obligations may still apply.
Do I need to provide security?
Some merchant cash advances do not require property or equipment collateral. Nevertheless, personal guarantees and other contractual protections may apply.
Can I have more than one PDQ funding agreement?
Eligibility and contractual restrictions depend on the provider. Multiple overlapping advances can significantly reduce available operating cash and may create affordability concerns.
Can I change card machine suppliers after receiving funding?
Possibly, subject to the funding agreement. Some providers require continued use of a particular processor or consent before changing payment arrangements.
Is PDQ funding suitable for a start-up?
Conventional card-sales funding usually requires an established transaction history. Some newer businesses may qualify for specific programmes, but start-ups without meaningful sales may have limited options.
Is PDQ funding better than a bank loan?
Not automatically. An MCA may be suitable for short-term working capital supported by consistent card receipts. A conventional business loan or another finance product may offer different costs and repayment arrangements.
Is PDQ Funding Right for Your Business?
PDQ-based funding may be worth considering when a UK business generates regular qualifying card sales, has a defined working capital requirement and can afford the proposed collections.
It may be less appropriate when the business experiences persistent operating losses, carries substantial existing financing commitments or receives most revenue through invoices and bank transfers.
Before accepting an advance, calculate the full funding cost and model how the agreed collection percentage would affect cash flow during weaker trading periods.
Review the agreement carefully for any personal guarantees, minimum remittances, restrictions or additional charges.
The most suitable financing option is not necessarily the largest or fastest advertised advance. It is the arrangement that provides appropriate capital while preserving sufficient cash for the business to operate.
Explore PDQ Card Sales Funding Options in the UK
Does your UK business accept regular debit or credit card payments and need additional working capital?
Mehmi Financial Group helps businesses explore commercial financing opportunities and potential third-party funding arrangements.
Whether your business operates in hospitality, retail, automotive services, personal care or another commercial sector, you can contact us with your financing requirements.
We can assess whether an appropriate UK financing enquiry or referral route is available, subject to applicable requirements and participating provider relationships.
To get started, share your industry, location, approximate monthly card turnover, time in business, requested amount and intended funding purpose.
Discuss Your UK Card Sales Funding Options
A preliminary enquiry is not a lending decision or approved funding application. If financial statements or identity documents are required, they should be submitted through an appropriate secure process.