Merchant cash advance loans

Merchant Cash Advance For Small Businesses In Bristol

What Is A MCA loan?

Merchant Cash Advance is a business loan. Businesses across the UK can access flexible funding, quickly. You the business owner can release funding against previous and future card sales. However, before we delve into how merchant cash advance (MCA for short) can benefit your small business, you’ll need to know how it works. It’s one of the fastest-growing forms of financing a small business in Bristol and the UK. This is because it’s a quick and flexible business loan. Especially if you are a new start business or one that has historically found it challenging to secure business finance.

Whether it was using a commercial finance broker like ourselves or a merchant cash advance company direct. MCA loans are a brilliant way of sourcing commercial finance on the same day. Or if you are completely new to a merchant cash advance, the same week. MCA gives the business owner a clear and easy repayment structure on the business loan amount. One prerequisite to a merchant cash advance is that you take card payments. Most small businesses must take card payments. Especially with Covid bringing in tighter restrictions on cash payments. So, if you take card payments and are looking for an easy business loan, then a merchant cash advance could be the solution for you.



Why is merchant cash advance popular with bars and restaurants in Bristol?


Hospitality businesses in Bristol and across the UK were heavily impacted by Covid. Lockdown restrictions hindered revenue for bars and restaurants in Bristol. They had to diversify into new income streams such as online delivery. The consequence of this was card payments increased through card machines and online payment gateways. This meant that card payment was more important than ever. Since mid-2020 card payments have soared and therefore merchant cash advance has followed. If you own a restaurant, bar, pub or are involved in the hospitality sector MCA loans can really benefit you. With sales fluctuating month by month merchant cash advance keeps cash flow strong.

This is because when you take more card payments per day the quicker you repay the merchant cash advance business loan. When you take less, you repay less of the MCA loan. The reason being is you repay a daily percentage of card sales. This is called the daily sweep of card repayments. Pinnacle Finance the commercial finance brokers in Bristol will work with you to find a solution that fits your business.


Unleash The Power of Merchant Cash Advance


MCA loans can be an incredibly quick and flexible way of funding a B2C (Business to Customer) business. As it takes an average of previous merchant card sales and based on this provides a loan amount. It allows you, the business owners, to access a greater loan amount with the flexibility of repayments. It controls cash flow as you are merely repaying the loan from the transactions taken. It mitigates you from getting behind with payments. When business is booming as a result of the merchant cash advance loan you can repay the loan quicker. Thus, reducing the interest paid on the loan and making it a very cost-effective way of borrowing.

Hopefully, you are now getting a feel for how powerful merchant cash advances loans can be and the impact this could have on your business. If you are needing a loan for recruitment, business premises expansion, or general cash flow this could be the solution for you.



How Much Can I Get Through a Loan?


The amount you can borrow through MCA loans will be dependent on the amount and type of card transactions you take. You could be an e-commerce business trading on eBay and Amazon. These types of businesses generally attract high turnover and lower profit margins. Traditionally it can be difficult to access commercial finance as a consequence. Merchant cash advance cuts through this noise.

It will track the payments through the payment platform you are using. The deposits into the business account and how frequently will be a factor for the merchant cash advance loan provider. This is because the MCA loan provider will collect payment daily from sales. Thus, keeping cash-flow strong so you don’t have lump-sum payments each month. As an average, if you take 1 to 1.5 times monthly card sales, this will give the loan amount. Of course, this can be increased or decreased depending on the business sector, business credit, and other lending factors.



What Is The Cost Of A MCA Loan?


Traditionally a business loan will carry an interest rate. This will be levied on the loan amount. However, a merchant cash advance is repaid differently. This is mainly due to the flexibility of the loan. It’s charged at a factor rate and sweep rate. This simply means the rate at which the loan will be repaid. The loan provider will work out how long it will take for the business to repay the merchant cash advance loan.

Obviously, this can fluctuate if sales increase or decrease. Presuming you invest the money into the business and increase sales. This will reduce the time at which the business loan is outstanding. Resulting in cheaper loan borrowing. Hopefully, you can start to get a feel for how this type of commercial finance works. As the MCA loan providers get confident with you using the facility, they top-up the funding. So as your business grows, so does the funding. It’s like having an investor behind you. If you feel it could benefit your business or want to know a little more get in touch with one of the team at Pinnacle.

More Customer In Bristol

Find More Customers In Bristol This Holiday Season

Find More Customers In Bristol This Holiday Season


Maximize your business sales this holiday season by upgrading your marketing. No need to leave behind any traditions or strategies that are already working, like setting up a festive storefront or running promotions, but it’s a great time to mix things up. Keep reading as Pinnacle Business Finance in Bristol and how we outline some ideas for leveling up your business marketing this year. Especially if you run a small business in Bristol.


Engage With Customers


Far too often, businesses think they can just create an online profile and call it a day. Trust us when we say that having a profile on a site is only the first step. Instead, you should opt to have a few social media accounts where you interact with your followers on a regular basis—including those that leave negative feedback.


Far too often, we see businesses in Bristol and across the UK, who decide not to interact with people who leave them negative feedback simply because they think if it goes away, no one will see it. In actuality, most customers will hyper-focus on negative feedback to see how you handled the situation. Some companies think they can avoid this by deleting anything negative; however, followers will notice this as well, developing a rightful distrust of your brand. Instead, look to combat both positive and negative comments so people know you’re a real person who values their feedback.


Marketing Your Products with Giveaways


Giveaways are one of the most popular social media events on any platform, and it’s easy to see why. Many brands have blown up practically overnight thanks to giveaways they’ve offered, and you can be a part of that as well.

The best way to gain followers from it is to tell people to tag a certain number of family or friends under your photo of the item in question and select a winner from the applicants (trust us when we say it’s best to avoid letting family and friends enter). This allows everyone who was tagged to see your page as well as what you are selling.

A word of warning on this one. Do not give away things that you do not sell. Putting the latest electronics up will get you a lot of temporary followers, but they’ll leave after they don’t win the product.


Rebrand with a New Logo

While you’re freshening up your marketing approach, why not include your logo in the mix? Your business logo is a great opportunity to strengthen your brand and become recognizable in the market (if it’s done right). If you like to get creative and want to save money on the logo design, check out one of the many logo makers available online. You won’t miss having a professional designer with a wide range of customizations available, and how cool is it to say you made your own logo?

With that said, if you aren’t the creative type, hire a freelance designer to take care of your logo for you. Freelancers are the perfect way to get extra help while you’re busy preparing for the holiday rush. Looking to branch into new ways of marketing like TikTok? Search online job boards for TikTok agencies and hire one that can take of everything for you.



Get Last-Minute Shoppers


Last-minute shoppers are usually running out of ideas or time (or both), so why not create a gift guide for them? Showcase some of your most popular products in an assortment of gift guides that customers can easily scroll through. The best part? You can make these for the entire family. Look to create gift guides for kids, parents, family, friends, and more and have them readily available to scroll through on your website. These gift guides will allow you to connect with your shoppers as well as make their Christmas lists for them.

Last-minute shoppers are also on the hunt for fast shipping and discounts, so consider offering those as well. Guaranteed shipping before Christmas is a huge selling point. Also, don’t forget to clearly communicate any shipping deadlines or changes in your store hours to avoid any frustration from customers.


Sleigh the Holiday Season


Preparing for the holiday rush with more and more new customers rolling in is exciting. See the success you want by making use of our suggestions along with any of your go-to methods from years past. Striking the right balance between in-store and online is an art, but remember that anything that doesn’t work as you’d hoped is simply a lesson for next year. Have a happy holiday season!


Poor Credit Business Loan

How To Get A Business Loan With Bad Credit

Poor Personal Credit

So, what happens if you have poor personal credit because of things which have happened in the past. Is this a deal breaker when applying for a business loan?


Previous credit difficulties will show on your credit file for a set period of time. Defaults from simple phone or utility bills will show. They will however elapse and therefore improve as time moves forward. A business loan provider will assess every loan application. When you have an average or below-average personal credit score, this makes up an overarching credit risk profile.


Therefore, it isn’t the end of the world if your credit isn’t great. It will make a proportion of the credit application; however, many different aspects are reviewed by the underwriting team. The trading history and assets of the business will be imperative to assessing a business loan amount and the affordability of repaying the loan, This is because all lending should be responsible.


How Do I Improve My Personal Credit?


Ways in which you can improve your personal credit can be as basic as ensuring you are registered on the electoral roll at the correct residential address. Also, if the credit file is showing something that is incorrect or being disputed, get this resolved before applying. Having a clear explanation of the reasons for any defaults along with evidence to demonstrate your argument is vitally important. It will allow us, the finance broker, to strengthen your business loan application. As previously mentioned, the personal credit of the directors or majority shareholders is one piece of a business loan application.


You can check your credit using this link here. This will cross-reference multiple credit agencies to pick up on any discrepancies.


Business Credit


As you may be already aware business credit from the outset is crucial when looking to raise finance. This could be asset finance on a vehicle, a business loan for cash flow, or a commercial mortgage on a property. Whatever the finance requirement a lender will be reviewing your businesses credit. Simple ways of keeping your business credit healthy can are staying out or within your overdraft, paying suppliers on time, and having good performing financial year-end accounts. Credit agencies will pick up on these factors and pull them together to make an overall score from 0 to 100.


It can work in your favor when winning new contracts, working with new suppliers, or taking on larger orders. Having a quick cursory check at a business’s credit will give you the power of deciding if they are credit-worthy. It could be the difference between you taking on bad debt or staying profitable.


Quick And Simple Ways to Improve Business Credit


  • Check your businesses credit score regularly to ensure the information credit agencies hold is correct
  • Personal financial scores will affect the business’s overall credit rating. Keep your personal finance under control.
  • Should your business’s details change because you have moved offices ensure all registered and trading addresses are correct. This can take less than 10 minutes
  • Don’t apply for business finance on an Adhoc basis. Use a commercial finance broker such as ourselves. We will only approach the most suitable lenders, reducing the number of credit searches
  • Have good working relations with any creditors and pay invoices once they are due. Aged debt and slow payments can really hinder your credit score



Information Required When Applying for A Business Loan


Your business may be ready to apply for a business loan for business growth, cash-flow funding, or business acquisition. Whatever the reason you are probably now reading this because you are thinking about applying for a business loan and want to know more about the process.

It can be very straightforward if you are organised. Having the information accessible will reduce the decision-making time of the loan provider. If your business has a trading history then brilliant. If you are a new start most of the information will be similar You can contact a commercial finance broker to find out more.


  • Most recent annual accounts
  • Last 9 months business bank statements
  • Business Plan
  • Cash Flow Forecast
  • Last 4 quarters VAT returns
  • A clear requirement for funding and use of business loan


We can talk through the relevant information and why the lender requires this. Don’t panic if you don’t have all the above. We can work with you to tailor what works. The term of the loan and the rate will depend on your individual business funding requirement.


Positive Business Cash Flow

4 Tips on Maintaining Positive Business Cash Flow


​Whether you have an established business in Bristol, England, or any other part of the world, the long-term success of any company relies on one thing: Cash Flow. Proper metrics and figures are essential in any business to calculate the cash flow, and irrespective of how much money you’re earning per month, maintaining a healthy and positive cash flow is crucial. Now the question is, ‘How to sustain it and what do you need to do for that?’ Here’s the answer.

Monitor the Cash Flow Permanently


How do you check your business’ cash flow? How often? Monitoring it weekly is excellent, but if you do so daily, it’s even better as it helps you track your financial information efficiently. Moreover, you can use accounting software or hire an accountant to make the process simpler, generate quality reports, reconcile your accounts, handle your taxes, and so on.


Consider working with a freelance accountant as it will help you avoid taxes, and even though they may not be from Bristol, England, or nearby areas, they can handle your system online. Per Accountancy Age, you can expect an accountant to charge around £35 per hour per hour, although the cost can differ based on their expertise, skill, and how much work they need to do. Another option – if your business is in a tight spot – is working with a company specializing in cash flow finance facilities like Pinnacle Business Finance to secure funding.

Get Your Invoicing and Scheduling Right


Your clients may not pay you on time if you send them inaccurate invoices, and it makes a poor impression. Ultimately, this will negatively affect your cash flow. Ensure that all the necessary data on your invoices is correct, add a pricing breakdown, and make sure that you include all your payment details so your clients can pay you. This saves a lot of time, numerous questions, and fixing mistakes, and ensures that you have the money in your bank account as soon as possible.


​In addition, it’s essential to ensure you discuss the payment details early on when you sign a new client. Numerous entrepreneurs usually forget this due to the excitement of landing a new client and then waste precious time sorting it out later. Agree upon a payment date or make sure that the client knows when they have to pay.


Similarly, when staff are distracted by scheduling concerns, they won’t perform well for you. Many businesses in Bristol and beyond find permission-based shift scheduling is a winning strategy, as it allows for creating and publishing schedules quickly and cleanly while on the run. With popular software options like Quickbooks, you can take advantage of drag-and-drop capabilities, and you can control who can make changes and assign shifts. It’s a simple way to maintain morale and productivity, all in one fell swoop.


Clear Debts in Time


As Prowess recommends, it’s wise to try to pay off your debts as soon as possible to avoid the piling on of dues. Many businesses find it advantageous to address smaller debts first, as they are always easier to eliminate than larger ones. You can also offer discounts to those suppliers or vendors who pay their bills in time to encourage cash flow. Keeping that strategy in mind, charge a fixed rate to those who keep delaying payments, and for this process to work seamlessly, establish payment arrangements with your dealers and suppliers in advance.


Focus on Profit-Making


Small businesses are prone to suffer losses in the beginning. Still, after a certain point, those losses need to slowly convert to profits to keep the company running. There are two different ways to tackle this.


First, you can raise the rates of your most popular and best-selling products by a small margin in a way that doesn’t impact your customer’s purchase patterns but also leads to an enhanced cash flow. Second, you can stop the manufacturing process of the products that cost too much to set up if they don’t generate much money.

In a Nutshell


A positive and healthy cash flow is more vital than anything involving a business. Keeping an eye on your cash flow is also a key to your company’s success – a few mistakes or missteps in this area can put you in a money pit. Should you worry? No, because these tips can help you maintain a healthy cash flow, leading to your business expansion and success.


Pinnacle Business Finance focuses on business loans, invoice finance, card machines, and other commercial finance alternatives. The team is based in Bristol, England, and offers a first free consultation, so make sure to contact it if your business needs any of these services.


unsecured business loans bristol

Looking For A SME Unsecured Business Loan in Bristol?

What is an unsecured business loan in Bristol?


With over 50,000 businesses trading in and around Bristol, having the access to business loans is vital. This is because it allows you the business owner to thrive and flourish with new business ideas. Bristol is one of the most historic places in the UK for trade finance. Now in more recent years, it has become a hive for SME businesses. However, it still can be daunting to know where to look for a business loan. Especially if your bank has either declined or not been there to support you. Being a non-homeowner looking for a business loan in Bristol and the UK can be a tricky task.

Why is this I hear you ask? It’s when a lender is assessing the business, they take into consideration who ultimately has the responsibility for that business and the individuals behind it. So, if the business owner or shareholder has no assets then it makes the lend riskier. The good news is though yes, it’s still possible to get an unsecured business loan in Bristol whether you are a homeowner or not. Obviously as previously mentioned if you are a homeowner that will stand you in great stead.


 Unsecured business loans in Bristol v secured loans.


What a cracking question; unsecured versus a secured business loan in Bristol. In recent months with Covid-19 funding being in place by the Government with bounce back loans, CBILS loans, and recovery loans, business owners have become accustomed to providing little to no security. Simply securing the loan against the business depending on the value of the loan. Outside of government funding more traditional forms of business loans in Bristol are still readily available. An unsecured business loan in Bristol for the SME owner can be fully unsecured for the well-established, profitable, and financially excellent business. The lender will credit underwrite the business loan backed purely against the business.

For the start-up and SME business in Bristol then an unsecured loan with a personal guarantee from the directors and or shareholders will be taken. Commonly these loans are short-term business loans designed to speed up the business’s growth. Both homeowners and non-homeowners will be eligible for this loan. Secured business loans in Bristol carry a longer-term up to 10 years and can allow the business to access higher levels of funding. The security will vary dependent on the lender. It can give your business the opportunity to access commercial finance in Bristol.



Looking for an unsecured business loan in Bristol?


When looking for an unsecured business loan in Bristol, Pinnacle has access to the whole market as a commercial finance broker. We are all agnostic finance brokers in Bristol. This means we don’t hold preferential treatment to any lender. We tailor the unsecured business loan or alternative finance facility to your individual requirement. We have specialists who are well experienced in the chosen field of commercial finance. Then find the unsecured business loan in Bristol that suits your needs. It may be that you are looking for short-term cash-flow funding in Bristol. Then we can find you a business loan that has no early repayment fees. The options available to you the business owner in Bristol are vast. This is why we assess each individual business on its own merit and tailor the business loan to the requirement. We are well-experienced brokers and always happy to talk.


How much will an unsecured business loan cost?


The million-dollar question of how much an unsecured business loan will cost. The straight answer is it will depend on multiple factors when underwriting a business loan application. A new start business looking for a start-up loan for example will be very different from an established SME with high levels of turnover and profitability. So, to answer to give exact figures on this would be unfair without assessing the business. However, the brokers at Pinnacle can assess your business and come back in under 24 hours with indicative costings and quotes. Getting the financial information and if you are a new start business looking for funding then a clear business plan ready is key. It speeds up the process and allows you to get the best business loan possible.



How do you get an unsecured business loan?


An unsecured loan is more straightforward than a secured loan. It commonly has more flexibility and is over a shorter term than a secured loan. Having your business information ready and up to date is very important when applying for a business loan. One of our finance brokers will run through your business to determine what the most suitable form of finance is for your business. Commonly unsecured business loans carry higher interest rates with greater flexibility and less security. Unlike a secured business loan, no charge is taken over the property.

This is a positive for you as the borrower. It reduces the risk of the business loan. Having no early repayment fees on the business loan is very attractive. The aim of the business loan is to invest, grow turnover levels and improve profitability. This will allow you to satisfy the business loan in the shortest time frame possible. Reducing interest charges. If you would like to find out what unsecured business loans are available you find out more.

Business Loan In Bristol

Where to Go When Looking for A Business Loan in Bristol

How Does My Business Qualify For A Business Loan In Bristol And The Wider UK?

You may have a new start business in Bristol and require an unsecured business loan. Either way, you can still qualify for a business loan. Business loans in Bristol and across the UK are a common way of securing commercial finance. It is one of the most popular ways to fund a business because business owners are familiar with how a loan works. However, we know that it can feel daunting knowing where to start. Especially when wondering if you qualify for a business loan.

The good news is Pinnacle Finance in Bristol are here for you. Start-up business loans are accessible through Pinnacle Finance along with un-secured business loans, secured business loans, and alternative business finance in Bristol. So, one of the main fundamentals of any business loan in Bristol is how you are going to use the funding. This demonstrates to us and the lenders that you have a clear vision of how the business loan will be used. You may have been trading for 10, 20 30 years plus but having projections that include the business loan is always key.

Where Do I Get A Quick Business Loan in Bristol?

If you haven’t already guessed, it … Pinnacle Business Finance in Bristol is the place to go! We have the whole of the alternative and mainstream high street financiers available for you. We compare the commercial finance market, saving you time and money. Whilst adding that all-important market knowledge. Whether you are a business based here in Bristol, Cardiff the South West or the wider UK, then we can help you. Market research shows that business owners apply for a business loan only 3 days prior to the requirement for funding. So, a quick and easy business loan in Bristol is a must. We collate the paperwork at the start of your funding journey to speed up the process. You can get a quick business loan in Bristol on the same day. To achieve this, make sure you have your business financials accessible.

  These include 

Business bank statements
Business plan
Annual accounts if you have them
All directors or shareholders information

Don’t panic if you don’t have annual accounts as there are plenty of lenders who don’t require this. One of the finance brokers at Pinnacle will work with you and collate this information. Making the process quick and easy. To allow you to continue to run your business whilst we secure that all-important business loan.

How Much Will A Business Loan Cost?

Wow, the most common question in commercial finance. How much does a business loan cost in Bristol or the UK? Well that all depends on your business and what you are looking for. Gone are the days of walking into a bank manager and getting a business loan. That is for good reason. Since 2008 a wealth of alternative lenders has been there to support start-ups and the SME marketplace. Each bringing a fresh and unique business finance offering. Some loans can be short term business loans up to 12 months with no early repayment fees. Others can be of 10 years with a fixed term. Some can be in between over a fixed term, interest-only periods, and have little to no security given.

Potentially an unsecured business loan in Bristol might be an option. Clearly, each business loan in Bristol and across the UK will bring its own individual interest rate. One very important factor is how the interest is applied. The finance broker at Pinnacle will explain the difference between the flat interest rate and amortizing interest rate. In short, avoid flat interest rates at all costs as this will work out more expensive.

How Can Pinnacle Finance Find Me A Business Loan in Bristol?

What a brilliant question and one we love to get asked at Pinnacle Finance. We are your one-stop-shop for all things business loans in Bristol and across the UK. We have expert market knowledge when it comes to business loans. Especially for ambitious, growing businesses. Keeping cash-flow strong and having the financial backing to grow is imperative. We know how difficult it can be to run a business. How time-consuming and overwhelming it feels when looking for a business loan in Bristol.
That is one of the many reasons why Pinnacle formed in Bristol back in 2018. We will give you the time back to focus on your business. Whilst we do all the hard work for you and secure the best business loan in Bristol. Listening to what your business needs and wants from the business loan. Then tailoring the business loan in Bristol to your individual ambitions. Oh and of course getting the cheapest business loan possible for you.

Fast Business Loans Bristol

Looking For A Cheap and Fast Bristol Business Loan?

Fast and Cheap business loans in Bristol


If you’re looking for a fast and cheap business loan in Bristol it can be difficult to know where to start. Especially when looking for a business loan that is quick and easy to secure. Traditionally business owners would have gone to the bank manager to source a business loan. Subsequently, time has moved on and now many business owners don’t even know who their bank manager is. Let alone ask for a business loan to fund their business in Bristol. Traditional bank loans in Bristol can be time-consuming. With in-depth information required often a business owner not having available. Fortunately, since the 2008 credit crisis, the rise of alternative lenders has grown to fill the void for small to medium-sized businesses looking for business loans.

The information required for a small business loan is very light. Often bank statements and any annual accounts are enough to satisfy the lender. Therefore, the business loan can be released in under 24 hours. Making the business loan in Bristol quick and easy for Pinnacle Finance to secure for you. There are over 50,000 businesses in Bristol which makes it a vibrant and successful city for businesses. Having a business loan that is going to give the business financial backing to grow and support cash-flow is imperative. However, not all business loans in Bristol are the same.


How quickly can I get a business loan in Bristol?


Being a business owner, time is one of the most important aspects of a busy diary. So, knowing what information to have to apply for a business loan is what you need to know. Also, the time it will take. Using a commercial finance broker like ourselves we will manage the process for you. Whilst stating how long the process will take from start to finish. Pinnacle Finance collate the required information upfront from you. Then package and send the application to the select lenders. The process on average will take 2-3 working days depending on the business’s and lender’s circumstances. The time frame can fluctuate depending on variable factors such as business loan amount. In.

Bristol and the South West there are business loan providers dedicated to supporting business here in Bristol and surrounding areas. This is because business loans in Bristol can be difficult to come by. Especially when starting out looking for a start-up loan. With government funding such as bounce back loans and CBILS loan being there for more established businesses. Some smaller and start-ups in Bristol have missed out on business loans. Pinnacle Finance has been there for business in Bristol to secure business loans through the covid-19 pandemic. We continue to support business In Bristol looking for business finance.


What are the advantages of a fast business loan?


Business owners in Bristol and the surrounding areas often approach Pinnacle Finance asking how they can best utilise a business loan. Having an accountant in Bristol or Financial Director is hugely beneficial. Having the basics of a cash-flow forecast or business plan will aid in mapping out what the business loan will be used for. Plus, the financial benefit it will have on the business. A CBILS loan in Bristol has the additional benefit of 12 months of no repayment over a maximum term of 6 years. Once the government loan ends in 2021 then unsecured business loans and secured business loans in Bristol will be available. A business loan with no early repayments and no to little setup fee is favorable. However, this will depend on the type of business to whether it is available.


Business Grants in Bristol


The term business grant often provokes thoughts of free money for businesses in Bristol and the UK. Unfortunately, this isn’t the case. Green energy or high-tech growth businesses have the opportunity to secure business grants. This can be for start-up funding or research and development businesses. Every business grant in Bristol and the UK will have its own criteria to hit. Pinnacle can aid with securing business grants and alternative business funding in Bristol. There are the best business loans available to businesses that require financial backing to grow.



How much is an unsecured business loan in Bristol?


An unsecured business loan can be favourable to business owners due to the security of the business loan. Unlike a traditional bank loan. An unsecured business loan is a personal guarantee backed. No second charge or debenture is taken over the business in Bristol. Personal Guarantee insurance can be taken out by the business owner. This can provide comfort to the business owner.

Of course, a form of security for the business loan will need to be given by the business in Bristol. The unsecured business loan in Bristol or across the UK will there for non-homeowners looking for a business loan. The amount can vary between £3,000 up to £300,000 depending on the size and financial strength of the business. Similarly, unsecured business loans can act as short-term business loans in Bristol. Term up to 18 months with no early repayments. Giving the business in Bristol the short-term funding it requires.

Card Payment Bristol

Finding The Best Card Machines In Bristol

Finding the Best Merchant Card Reader


Chip and Pin Card Machines In Bristol

Nearly every business owner and consumer use a merchant payment service to pay for goods or services every single day. We expect to see a card machine on the counter when we go into a shop, bar, restaurant and the list goes on. It has become the quickest, easiest, and most secure way of taking payment. Both for the consumer and business. After all, it adds trust for the consumer when making payment to the business. But how do you know what is the best card machine? Any business owner who has looked at changing or taking merchant payment knows there is a vast array of chip and pin machines. All having their own strengths and weaknesses. Often the business owner can become confused by a complex fee structure offered by merchant payment businesses. The world’s most popular card machine is the Ingenico series. But there are many other card readers. Fortunately, we have the very latest technology in card readers at Bristol Card Machines. Not only this we have a full market offering so all clients have the freedom of choice.


 The Card Reader Built for Small to Medium-Sized Businesses


Keeping efficiency within a small business is one of the key aspects of success. The A920 card machine is at the cutting edge of technology. It looks and feels like a smartphone with Android and Apple Pay Technology. Being fully customisable through apps. The card reader is tailored through the app store to the individual needs. It allows the consumer to make a payment on their phone, through the contactless card reader, or by using their credit or debit card. It’s a portable card machine with the ability to connect to Wi-Fi, Bluetooth, 3G, and 4G. So, wherever the business is taking payment it’s possible through the A920 card reader. It even has a camera front and back for QR code scanning. Opening up further marketing opportunities for small businesses. Could a loyalty card be introduced for those loyal customers who keep coming back? The A920 card machine pays for itself and more with it adding to the service your business provides. It sets a professional image for the business and shows you are taking payment security seriously.


The A920 Card Machine for Coffee Shops, Bars, Restaurant, and Small Businesses In Bristol


A business owner in the hospitality industry is acutely aware of how important it is to have the best merchant payment service. It can be costly to wait for staff to remember long lists of menus, prices, and shop contents. So, what if there was a way of mitigating this. Making the staff more valuable and efficient. The A920 has a pin on glass tailored technology where the menu, shop contents, or any business information can be saved onto the machine. Allowing the business to quickly look at prices or make amendments at the touch of a button. Further apps can be installed to make life easier for small businesses. Furthermore, due to its wireless capabilities having a portable card machine with extensive battery life is even better. It allows the consumer to be anywhere in the South West or wider UK and still be able to make payment. This can be incredibly useful for tradesmen who are on the road and no longer want to take cash. Setting a professional image and allows them not to have to keep banking the cash each week. Saving time and money.


The Choice of Card Machines In Bristol

From reading the above you probably have realised why merchant payment machines are so vitally important. They are one of the first and last impressions on all customers and sets a professional image for the business. After all, putting an outdated card reader in front of the consumer doesn’t set the right impression for the business. Hopefully the above has provided scope and knowledge on not only the A920 card machine but the wider card machines on offer.

credit card reader

How Much Is A Business Credit Card Reader?

How to Get A Business Credit Card Machine?

When running a business having the ability to take debit and credit card payments is more important than ever. Not only is it the most cost-effective way of taking payment but it increases the average sell transaction value. You may already know this and but be left thinking, great but how do I get a card machine. More importantly which is the best business card reader for my business? Fortunately, Pinnacle Finance in Bristol has this covered. We have the whole of the card reader market available to us enabling you to get the best rate and card machine for your business.

We take simple easy details from yourself and source the card reader for you. You can enquire online, over the phone, or by email. On average we get this done in less than 24 hours making it a fast way of finding a card machine. It gets better. If you have a card machine already then, we analyse your last 3 months’ card transaction statements. We see where we can save you costs. On average we save over 32% on the monthly charges for businesses. This makes a real financial cost saving for businesses around the South West and across the UK. We’ve had some fantastic case studies of businesses saving hundreds on their card reader each month. It’s one of the quickest and easiest ways we can help businesses with their financial decisions.


How Much Do A Business Card Readers Cost?

Business credit card machines will be charged to the business owner differently. This will depend on how the business operates, average transaction value, types of card payment, and overall value each month. At Pinnacle we will look at this for you and decide with you the best option. It can be charged on a set fixed fee per transaction for lower values each month. This keeps a manageable fixed cost per month making it easy and transparent to work out. For larger shops, pubs, or restaurants around Bristol then a fully integrated EPOS system may be more beneficial. This will integrate your card payments into a till and allow for a personalized accounting system. Again, here at Pinnacle Business Finance in Bristol, we work with the very best EPOS providers.

If you are familiar with taking card payments, then a split fee per transaction may work out more valuable to you.  This will be charged per transaction and differ depending on the amount and type of card payment you take. A standing charge may be applicable depending on the card provider. We will discuss this with you prior to putting you in touch with the credit card merchant provider. Making sure you understand how you will be charged and how this will benefit your business.



Where Can I Get A Business Card Machine?

When looking for a merchant card machine then you’re in the best place with Pinnacle Business Finance. You have the ability to compare the market of UK card machines and allow us to save you time and money. We make the process simple, efficient, and cost-effective. After your free initial consultation, we source the card machine for you. So, don’t worry you don’t have to spend hours looking around for a business card reader. We take care of that for you. Furthermore, if you run an e-commerce business in Bristol or the surrounding area then taking payment online is key. Payment gateways are vitally important, and Pinnacle will source this for you. We can recommend IT web developers who can integrate this into your website for you. You can carry on running your business whilst we take care of merchant payments for you.



Compare Business Credit Card Machines

When comparing business credit card machine Pinnacle will look at multiple factors for you. This is because there is a huge difference in the merchant provider’s offerings. It will vary on how you are charged. The type of card terminal you can have and the way in which you facilitate card payments. Amongst many others. We look after this for you and come back with up to 3 options. This is to overwhelm you and allow a comparison of card payment providers. We only work with the very best card machine providers. We have carefully selected the best card reader companies giving you the confidence to know you are working with. You can contact a Pinnacle team member here.


The Pinnacle Accountant In The South West

What Does an Accountant Do?

When starting a business, a vital role in the business structure is to get an accountant. One that will support you. There are many different types of accountants, some have specialist fields and others being more widely accommodating. Ultimately you want the best accountant for your business. You may be left wondering what does an accountant do? The primary role of the accountant is to produce, examine, and offer financial support to you and the business. They will make sure you are compliant and become tax-efficient when running your business. Commonly new start businesses just look on Google for an accountant. Doing your research or using someone like ourselves who have a panel of accountant that will assist is the pinnacle to success. The reason being is not all accountants may be relevant to your business. If you are well established SME business looking for an accountant in Bristol or the South West, there is plenty of choices. All bringing their own skills and expertise.


 How Much Does an Accountant Cost?

Keeping overheads as low as possible whilst weighing up what the benefits are to your business is a prime consideration. Especially when running a new start business. Often accountants in Bristol and surrounding areas will charge differently. Some offering a bundled fee with reduced accountancy software licenses. Others charge on a time-based rate or fixed fee. If you are a limited business then annual accounts will need to be produced, confirmation statements, tax returns, and compliant documentation. An accountant will work with you to produce all of this for you. Your business size and structure will be a factor when looking at what the best accountant is for your business.


 Find an Account Near You.

 Looking for an accountant in Bristol, or the South West. We can supply you with a wealth of different accountancy options. We have a carefully selected panel of accountants across Bristol and the South of England. Each bringing their own unique skills and experience. We carefully select the accountants who will support your business. Giving you confidence that you will be getting the financial support you need. Furthermore, you may already have an accountant in place. But you find you are not getting the support or service you expect. One of the team will talk with you to find out what you are looking for from an accountant.


Compare Accountants?

Looking around Google, recommendations or simply accountancy practices that you have seen can be very time-consuming. One thing which I’m sure as a business owner is in great demand. We’ve spent all that time for you building up a panel of accountants across Bristol, the South West and across the UK. All you do is fill in the enquiry form and we do the rest for you. It’s simple for us to match you with the accountants who fit your business profile. The reason being is we have done it hundreds of times before. We don’t just source business finance across Bristol, South West, and the wider UK.