How do I become eligible for a SumUp Merchant Cash Advance?
Whether you’re eligible for a SumUp Merchant Cash Advance is mostly down to your unique business data: how often you use SumUp for payments, and the amounts you process. More and more SumUp merchants are receiving their cash advance offer every day, so there’s a good chance you’ll also receive an offer soon. Follow our tips below to increase your chance of becoming eligible. Once you qualify, the cash advance offer will appear automatically in your SumUp app.
Complete your identity verifications
You must have successfully passed our know-your-customer (KYC) process before becoming eligible.
Transact +€800 monthly for at least 3 months
The more sales you process, the more likely it is that we’ll be able to make you an offer. If you keep your sales stable or can grow them, that’s usually a positive signal.
Use more SumUp products
It’s a plus to use more SumUp products like our free business account that includes a free Mastercard or the new SumUp POS Lite, our out-of-the-box solution that can be ordered directly and set up in minutes.
Accepted business categories
Unfortunately, SumUp cannot offer the merchant cash advance to everyone. Some specific business types, like charities, are not currently supported.
Please note that meeting the eligibility criteria does not guarantee that SumUp will be able to make you an offer. SumUp reserves the right to extend an offer at its discretion. As soon as you’re eligible, you’ll see your offer under the “Cash Advance” section of the SumUp app.