What’s the difference between a merchant cash advance and a business loan?

The main difference is that a business loan is usually repaid in fixed monthly instalments over an agreed term. With a business cash advance, on the other hand, you only pay back when you take payments from your customers. and phone number. Applicants who are not based in the UK may apply for a business bank account, as long as they are directors of a company registered with UK Companies House. In some cases, we may have to complete additional checks in order to process your application.

Don’t forget – you’ll need to switch your App or Google Play store to the UK to download Tide.