Cashera

Cashera is an alternative commercial lender providing flexible finance to small and medium enterprises across the UK. The lender focuses on delivering unsecured working capital solutions. Utilising AI-driven underwriting, Cashera aims to provide funding decisions within 24 hours to help growing UK firms secure short term capital.

Business Finance Products Offered by Cashera

Cashera specialises in providing unsecured Business Loans to trading companies across the UK. Unsecured business loans allow companies to borrow capital without pledging specific assets, such as commercial property or machinery, as direct collateral. This makes it a option for businesses looking for working capital to manage cash flow, purchase stock, or fund expansion projects.

The primary live product available from Cashera is their unsecured small business loan. While the lender lists secured business loans and business lines of credit on its website, these products are currently marked as coming soon and should not be treated as live offerings.

Who Cashera Suits and Key Eligibility Criteria

Cashera caters specifically to established small and medium enterprises seeking unsecured working capital. To qualify for a business loan through Cashera, an applicant business must meet a set of specific criteria:

• Business Location: Must be a UK registered business.

• Trading History: The company must have been trading for at least 12 months.

• Turnover Threshold: A minimum monthly turnover of £40,000 is required.

• Structure Requirements: The provider does not publish specific information regarding eligibility for sole traders.

• Short Term: Loans are only from 2 to 9 months maximum, so can only really be used for temporary cash-flow solutions.

Because Cashera relies on AI-driven underwriting technology, businesses that satisfy these basic turnover and trading history thresholds can expect fast review times, with decision turnarounds within 24 hours.

Cashera Deal Sizes and Summary

Cashera provides funding amounts starting from a minimum deal size of £10,000 up to a maximum deal size of £75,000 on its core small business loan product. While higher maximum amounts up to £100,000 appear on broker partner pages and press releases, £75,000 remains the published limit on their main small business loans page, but they are hoping to increase this.

The table below provides a summary of Cashera and its current commercial lending details.

How to Access Funding from Cashera

Businesses interested in applying for funding from Cashera can access their products via two main routes:

• Direct: Business owners can apply directly online through the official website at https://cashera.co.uk.

• Broker Network: Applications can also be made through commercial finance brokers who work with Cashera as an approved lender (including SME Money via our partner networks), where we can also compare alternative facilities for up to 100 lenders.

When applying, applicants must supply financial documentation proving they meet the minimum monthly turnover requirement of £40,000 and hold at least 12 months of trading history.

Comparing Business Finance Options with SME Money

Choosing the right commercial lender is an important decision for any UK business owner. While Cashera provides fast unsecured capital for companies meeting their turnover criteria, comparing options across the wider commercial finance market ensures you find the structure best suited to your operational needs.

At SME Money, we connect UK business owners with specialist commercial brokers. These brokers search over 100 lenders across the UK finance market to help you evaluate alternative funding options without the bias of a single bank or lender. Whether you require unsecured funding, asset finance, or working capital solutions, SME Money helps you review competitive choices from across the market.