Tick Tock Advance

Who is Tick Tock Advance?

A leading provider of Merchant Cash Advances, Tick Tock offers businesses with just three months of trading history and a monthly turnover of £1,500 the chance to secure a cash advance to boost their business growth.

Where most lenders ask for six months of trading and a monthly turnover of £10,000, Tick Tock is paving the way for a more accessible approach to a cash advance. With the ability to repay in two ways: the traditional split payment method (repaying a percentage of your monthly bank transfers) or via small daily payments, as little as £20 — Tick Tock has created a process built around the customer completely.

What type of funding does Tick Tock Advance offer?

Tick Tock Advance specialises in providing Merchant Cash Advances between £1,000 and £10,000. Depending on the company, the lender may increase the credit limit. You can spend your cash advance as you wish to build your business.

As part of the application process, the lender can arrange a virtual meeting to learn more about your business. This will give you a chance to explain what you’re planning to do with the funds and help them build a personalised loan offer for you.

Repayment terms are usually between four and 12 months, but this depends on sales volume and your cash flow requirements.

Am I eligible for Tick Tock Advance finance?

To be eligible, borrowers still must meet Tick Tock Advance's standard credit assessment criteria and the below basic criteria:

• UK registered business
• Trading for at least three months
• Set up as a limited company or limited partnership
• Minimum monthly turnover of £1,500

Will Tick Tock check my credit score?

Tick Tock Advance may perform a soft credit check, which is only visible to you and not to other lenders. Soft credit checks do not affect your creditworthiness. Even if you do have bad credit you can still apply for a Merchant Cash Advance. That’s because eligibility is primarily based on business performance rather than credit history.

How to apply for a merchant cash advance with Tick Tock Advance

Tick Tock loan applications are quick and simple, with borrowers completing an online application. Once you submit the loan application form, one of their dedicated account managers will contact you to learn more about your business.

After all the checks have been completed, they will transfer funds into your chosen business bank account.

To make sure you’re getting the best Merchant Cash Advance for your business, you should compare other lenders. You can compare them instantly by using our free loan comparison tool.

Compare Merchant Cash Advance providers.