Funding

Funding to grow your prize competition business

Flexible funding that moves with your sales - use it to launch bigger draws, boost your prize budget, or smooth out cash flow. Repayments rise and fall with your takings, so quieter periods cost you less.

  • Funding from £5k up to £2m
  • Repayments rise and fall with your card sales
  • One transparent fixed fee - no hidden costs
  • Offers in as little as 24 hours
Why Our Funding

Funding built around how your business trades

Capital that flexes with your sales, with a clear fixed cost and none of the hurdles of traditional lending.

Borrow £5k to £2m

Access from £5,000 up to £2m - funding of up to twice your monthly card sales - so you can launch bigger draws, boost your prize budget, or invest in growth.

Repayments that flex with sales

Repay through a fixed share of your card takings. When things are quieter you pay back less, so funding works around your cash flow rather than against it.

One transparent fixed fee

A single fixed fee agreed up front, with no compounding interest and no hidden costs. You know exactly what you'll repay from the moment you accept.

No security required

No assets or property to put up, and home ownership isn't needed. A personal guarantee is all that's required to get started.

Offers within 24 hours

Share a few details and securely connect your sales data, and you could have a funding offer back within 24 hours.

Same-day top-ups

Once you've repaid part of your funding, you can top up the same day - so more capital is there exactly when you need it to grow.

Eligibility

Do you qualify?

If you take card payments and have a few months of trading behind you, there's a good chance you're eligible.

  • At least 3 months of card sales (online or in person)
  • £5,000 or more in monthly card sales
  • Open to limited companies, sole traders and partnerships
  • No property or home ownership required
  • A personal guarantee is required
How It Works

From application to funded in four steps

A straightforward process designed to get capital into your business quickly.

1

Apply in minutes

Share a few details about your business and securely connect your sales data so we can see your card takings.

2

Get your offer

We'll come back with a funding offer, typically within 24 hours of a complete application.

3

Agree your terms

Happy with the offer? We can fine-tune the repayment share to suit your cash flow before you accept.

4

Get funded

Once your sales are set to route repayments automatically, your funds are released and you're away.

Funding

Ready to grow your competitions?

Flexible funding from £5k to £2m, with repayments that move with your sales. Find out what you qualify for - it only takes minutes to apply.

Discover your options

Frequently asked questions

How much can I borrow?
Funding ranges from £5,000 up to £2m, typically up to twice your monthly card sales. The amount you're offered depends on your trading volume and history.
How do repayments work?
Repayments are taken as a fixed, agreed percentage of your card sales. When your sales are strong you repay a little more, and when they're quieter you repay less - so it stays in step with your cash flow.
What does it cost?
You pay a single transparent fixed fee, agreed up front. There's no compounding interest and no hidden charges, so you know the total cost of your funding from day one.
Do I need to put up security or assets?
No. There's no need to secure the funding against property or other assets, and home ownership isn't required. A personal guarantee is required to proceed.
Am I eligible?
Most businesses with at least 3 months of trading and £5,000+ in monthly card sales can apply. We work with limited companies, sole traders and partnerships, and home ownership isn't needed.
How quickly can I get funded?
With a complete application you can have an offer back within around 24 hours. Once your terms are agreed and your sales are set up to route repayments, funds are released shortly after.
Can I get more funding later?
Yes. Once you've repaid part of your funding you can top up, often the same day, so further capital is available as your business grows.
Do I need a RaffleLabs website to apply?
No. Our funding is available to any prize competition business - you don't need to be a RaffleLabs client to apply.