Got Capital Ltd is a UK-based alternative finance provider established in 2020. It specialises in revenue-based funding, offering an unsecured Business Cash Advance to small and medium-sized businesses that accept card payments. Repayments are made as a fixed percentage of daily card sales, making it suitable for retailers, hospitality venues, and service businesses looking for short-term working capital. Got Capital operates as a non-regulated business lender, meaning it is not FCA-authorised for consumer credit but complies with UK business lending regulations. More about cash advance as a finance option and merchant cash advance loans can be found on Funding Agent.
Key Features of Got Capital
Got Capital provides practical features designed to offer flexibility and speed to its business borrowers.
- Fast online application portal with e-signature and funding often within 24–48 hours.
- Repayment adapts automatically to daily card sales, easing cash flow management for merchants.
- Unsecured financing requiring no physical collateral, detailed under unsecured working capital loans.
- Dedicated account managers available to support throughout the advance term, with customer support by phone, email, and live chat.
- No early repayment or late payment penalties, with a simple, transparent fixed fee rather than compound interest, further clarified in interest rate and APR explained.
Funding Eligibility
You may qualify for funding with Got Capital if your business has been trading for at least 4 to 6 months and processes at least £5,000 in monthly card turnover. Businesses must be UK-registered and cannot be in active insolvency or have significant outstanding county court judgments. Personal guarantees from directors are generally required. Additional qualification details can be found in how to qualify for a business loan in the UK and understanding personal guarantees.
- Minimum 4-6 months trading with card receipts, detailed under trading history requirements.
- Monthly card turnover approximately £5,000 or more, explained in business loan eligibility.
- Must provide personal or director guarantee, see personal guarantee requirements.
Loan Options
Got Capital focuses on a specific loan product type that suits small and medium-sized card-accepting businesses needing flexible working capital aligned with revenues.
- Business Cash Advance (Merchant Cash Advance): Advance amounts range from £3,000 to £300,000, typically repaid over 3 to 12 months depending on daily card sales volume. No fixed interest rate is charged; instead, a single fixed fee applies, typically 10% to 35% of the advance. More details are available on MCA loans.
- This product requires at least 4-6 months of trading and card turnover above £5,000 monthly. Repayments fluctuate daily with card takings, reducing fixed monthly repayment pressure. However, the effective cost can exceed that of traditional secured loans, and personal guarantees are usually needed. Further explanation can be found on cash advance and interest rates overview.
How to Apply
Applying to Got Capital involves a fully online process designed for speed and simplicity. Required documents include recent merchant processing statements and business bank statements, along with identification for directors. Decisions are rapid, with typical funding within 24–48 hours following approval.
- Submit an online application form with business and director details, supported by evidence as outlined on Funding Agent's application form.
- Provide last 4-6 months merchant processing statements, last 3 months business bank statements, plus ID, proof of address, and business registration as needed.
- Expect an indicative decision within one business day, with funds typically released within 24 hours post agreement signing.
Funding Agent's View on Got Capital
Got Capital serves a niche by offering unsecured merchant cash advances that align repayments to card sales, providing flexibility for SMEs in retail and hospitality sectors. This approach may suit businesses with fluctuating revenue needing short-term capital without fixed repayments or security. However, it is less appropriate for start-ups with limited trading, companies needing larger or longer-term loans, or those seeking FCA-regulated protection. To compare this lender with other options or to assess your eligibility, visit Funding Agent's alternative finance loans, retail business loans, and hospitality business finance pages.
