Ashley Retail Finance helps Hertfordshire Dance Studio improve their cash flow with a business cash advance

  • Anil Kanda
  • 15 Apr, 2013

 

“At the end of last year, when we found ourself in need of a cash injection and unable to borrow from our bank, we turned to Ashley Finance as we had a merchant service and hoped to obtain an advance against our future card sales.

The repayment arrangements were based on our current card sales, which has ensured that we are able to repay the amount we borrowed without a detrimental effect on our business.

We have been very pleased with the quick way in which the company made the funds available to us, and we now receive regular and correct payments direct to my main back account from the holding account that our merchant funds are directly paid in to.

The system is not only working for us, but if we had turned elsewhere, our repayments would have been greater as would the interest.

I am pleased that the system is now in place, and that should we wish to in the future, we have the option to borrow again against these future payments, as and when we need it.”