Teya Cash Advance
Payment Processor & Funding Partner
| Min. Advance | £1,000 |
| Max. Advance | £500,000 |
| Decision Time | 24 Hours |
Address
Teya Services Ltd
1 Lothbury,
London,
EC2R 7HF,
United Kingdom
Email
[email protected]
Phone
0207 046 133
About Teya
Teya is a payment technology company that provides card payment solutions and business tools for SMEs across the UK and Europe. The company offers portable and countertop card machines, online payment solutions, Tap to Pay technology, and business banking services through the Teya Business Account.
Originally launched as SaltPay, the business rebranded to Teya as part of its wider focus on helping small businesses manage payments, banking, and business funding from one platform.
Alongside payment processing services, Teya also provides access to flexible funding solutions for eligible merchants through its integrated merchant cash advance programme.
Key Milestones
- Over 75,000 UK businesses use Teya for payment processing and card acquiring services
- Rebranded from SaltPay to Teya in April 2023 as part of its European SME growth strategy
- Launched in Spain and Italy in February 2026, expanding payment services across multiple European markets
- Developed funding partnerships with embedded finance providers including Liberis, YouLend and iwoca
- Teya's funding partners have supported over 500,000 SMBs across the UK and Europe, providing more than £10bn in total financing
Teya Cash Advance – At a Glance
Teya Cash Advance is a funding solution designed for businesses that process payments through Teya’s card machines and payment platform. Eligible merchants can access upfront working capital based on future card sales, with repayments taken automatically as a fixed percentage of daily takings.
Unlike a traditional business loan with fixed monthly repayments, Teya Cash Advance is designed to flex alongside your sales volume. Funding is offered through Teya’s partnerships with providers including Liberis and YouLend.
Businesses can typically access funding from £1,000 up to £500,000, depending on eligibility and transaction history.
Eligibility Criteria
Eligibility for Teya Cash Advance depends on several business and trading factors and may vary depending on the funding partner, including:
- Being based in the UK
- Processing card payments through Teya
- 4+ months of Teya payment history
- Operating as a sole trader, partnership, or limited company
- Overall business performance and trading history
💡 GOOD TO KNOW
The product is generally aimed at businesses already using Teya payment solutions and processing a significant proportion of their card payments through the platform.
How to apply for a Teya Cash Advance
Eligible businesses can apply for Teya Cash Advance directly through the Teya app or merchant dashboard in just a few steps.
If approved, decisions are typically made quickly, with funds often released within 24 hours. Funding offers are usually time-limited and may be updated based on your most recent card sales and trading activity.
Application process
- Log in to the Teya App
- Navigate to the Funding section
- Review your available funding offer(s)
- Choose your funding amount and repayment percentage
- Confirm and submit your application online
Once submitted, the request is processed digitally with minimal paperwork, and eligible merchants can receive funds shortly after approval.
Reviews
Teya has an 'Excellent' 4.3 rating on Trustpilot.
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