Search
The Caterer

United Kapital announces new £30m credit line for SMEs

19 August 2013 by
United Kapital announces new £30m credit line for SMEs

United Kapital, provider of solutions for small and medium-sized business enterprises in the UK, has announced a new £30m credit line to provide more capital to small and medium-sized enterprises (SMEs) through its Merchant Cash Advance programme.

A merchant cash advance is available to any business that accepts payments by debit or credit cards, enabling business owners to leverage these future card transactions to raise much-needed working capital to invest in their business.

"The United Kapital brand has been built on customer testimonials, which speaks volumes in terms of how well it works for business owners and how it works perfectly alongside their business activities and cash-flow fluctuations," said managing director Tony Pegg.

"Over the years we have built up and continued to grow a solid base of customers who we continually help with raising working capital for their business needs. We look forward to continued growth in our business and staff, and accelerating our already increasing support of the SME community, which is truly under-served by the more traditional business lending institutions."

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.