The Christmas Rush
A Manchester bistro needed £30K before December to stock up for their busiest season. The bank couldn't move fast enough.
Alex called me back the same afternoon and explained what the repayments would look like. We had the money in three days.
Tom runs a 60-cover bistro in Manchester's Northern Quarter. Christmas is their biggest month by far, but to do it properly you need cash upfront in November: the menu, the wine, the decorations, the extra staff.
He tried his bank first. They wanted three months of paperwork and couldn't promise a decision before mid-December. That was too late. The suppliers wouldn't hold stock without payment.
A friend who runs a pub nearby had used CapExpand and mentioned it. Tom filled in the form on a Tuesday lunchtime. Alex called him back that afternoon.
"He looked at our card sales, asked a few questions, and said he thought we'd be eligible for around £30K through a merchant cash advance. Repayments would come as a small percentage of our card takings, so in January when it's quiet, we'd pay less. That was the bit that made sense."
The paperwork was three months of card statements and a form of ID. By Thursday, the money was in the account.
"We placed every order that week. The Christmas menu was sorted, the wine was bought, and we brought in two extra people for the kitchen."
The outcome
Tom used the funding again the following year. The repayments dropped in January and February when trade was slower, which meant he wasn't under pressure during the quiet months. He's since come back to CapExpand for a second round.
Could this work for your business?
2 minutes. No credit impact. Your account manager calls you back.