Apply in minutes
Apply online or in the Dojo app. YouLend runs a soft search, so applying won’t affect your credit score.
Business cash advance
Funding that’s repaid from your card takings.
A cash advance through Dojo, repaid as a fixed share of your daily card sales. You pay back more on busy days and less on quiet ones.
+44 (0) 2890 991 247
Mon–Fri 9am–5.30pm
In short: if you take card payments with Dojo, you can apply for a cash advance on your future card takings. It is provided by Dojo’s funding partner YouLend, repaid automatically as a fixed percentage of each day’s card sales, and costs one fixed fee agreed before you sign. Eligibility applies.
How it works.
Simple to apply, and repayments follow your trade.
Funds within hours
Once you’re approved, the money can be in your account within hours. Amounts under £10,000 can arrive within minutes.
One fixed fee
There’s no interest or APR. You agree one fixed fee up front, and it doesn’t change.
Repaid from card sales
A fixed percentage of each day’s card takings goes towards the advance, so you repay more on busy days and less on quiet ones.
Sized to your takings
Dojo says the typical advance is about one month’s card turnover, based on your sales history and how long you’ve been trading.
Typically 6 to 9 months
Most advances are repaid within 6 to 9 months, and the longest repayment period is one year.
What owners use it for.
Busy-season stock
Stock up before summer, Christmas or a big event.
A refit or new kit
Upgrade the bar, the kitchen or your tills without waiting.
Cash flow
Smooth out a quiet month or an unexpected bill.
Cash advance questions.
What owners ask us before they apply.
Do I need a Dojo card machine?
Yes. The cash advance is offered to Dojo customers and is repaid from your Dojo card takings. We can set you up with Dojo card machines linked to your EPOS.
Who provides the funding?
Funding is provided by YouLend through Dojo. EPOS NI is not the lender; we help you get set up with Dojo and point you to the application.
How much can I get?
It depends on your monthly card takings and how long you’ve been trading. Dojo says the average advance is about 0.8 to 1 times your average monthly card turnover. You’ll see a quote before you commit.
Is there interest to pay?
No. You pay one fixed fee, agreed before you take the funding.
How long does it take to repay?
It depends on the amount, the repayment percentage and your card sales. Most advances are repaid in 6 to 9 months, and never more than one year.
Will applying affect my credit score?
No. YouLend uses a soft search, which won’t affect your credit score.
Related.
See it working in your venue.
Book a free demo. We'll show you the set-up that fits, answer every question, and give you a clear quote.
+44 (0) 2890 991 247Mon–Fri 9am–5.30pm