That’s why Merchant Capital developed its unique, Pay-As-You-Trade cash advance product to provide funding for business owners looking to grow their small to medium businesses. Now, we’ve partnered with two of the insurance industry’s most trusted players – Hollard and firstEquity - to introduce the world’s first Pay-As-You-Trade Insurance Cover.
It works in exactly the same way, by calculating a premium (based on your business turnover) and then deducting it, daily, as a fixed percentage of every card swipe. The result? No anxiety about paying your premium at the end of every month because it’s built into every sale. So, whether turnover is up or down, you are fully covered.