About Merchant Loan Advance
Merchant Loan Advance is a company based in Manchester (United Kingdom) founded in 2014. It operates as a B2B. Merchant Loan Advance offers products and services including Merchant Cash Advance. Merchant Loan Advance operates in a competitive market with competitors including Fleximize, Pollen VC, Faster Payment Solutions, eMerchant Cash Advance and Fee Checkers, among others.
- Headquarter Manchester, United Kingdom
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Sorodo Limited
- Date of Incorporation 20 Apr, 2012
- Jurisdiction MOLD, UNITED KINGDOM
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Annual Revenue
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Products & Services of Merchant Loan Advance
Merchant Loan Advance offers a comprehensive portfolio of products and services, including Merchant Cash Advance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Short-term loans repaid via card sales percentage for business cash flow.
Funding Insights of Merchant Loan Advance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Merchant Loan Advance
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Merchant Loan Advance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Merchant Loan Advance Comparisons
Competitors of Merchant Loan Advance
Merchant Loan Advance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fleximize, Pollen VC, Faster Payment Solutions, eMerchant Cash Advance and Fee Checkers, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Capital is advanced to UK businesses against future revenue shares.
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Early access to earned app revenues is provided to developers.
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| domain | founded_year | HQ Location |
Offers funding, mortgages, card payments, and digital solutions for small businesses.
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| domain | founded_year | HQ Location |
Provides business cash advance services to support merchant funding needs.
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| domain | founded_year | HQ Location |
Provides comparison of payment fees and business funding options for enterprises.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Merchant Loan Advance
When was Merchant Loan Advance founded?
Merchant Loan Advance was founded in 2014.
Where is Merchant Loan Advance located?
Merchant Loan Advance is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
What does Merchant Loan Advance do?
Merchant Loan Advance, operated by Sorodo Limited, delivers merchant cash advances to UK businesses as an alternative to traditional loans. It provides funding from 3,000 to 300,000, repaid as a percentage of future credit and debit card sales, adjusting to business performance. Based in Mold, Flintshire, it supports sectors like retail and hospitality by ensuring flexible repayments without hidden costs or asset security. This service aids cash flow for small businesses and SMEs.
Who are the top competitors of Merchant Loan Advance?
Merchant Loan Advance's top competitors include Pollen VC, Fleximize and Faster Payment Solutions.
What products or services does Merchant Loan Advance offer?
Merchant Loan Advance offers Merchant Cash Advance.
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