MCL Finance

Bristol and London-based alternative lender, formerly trading as mycashline, rebranded to MCL Finance. Operating since 2017 under Merchant Finance London Limited. Two-product shop: unsecured loans plus MCAs, both up to £100k. UK Ltd companies only.

Quick routing verdict

  • Product: Unsecured term loan and merchant cash advance.
  • Ticket band: £5k to £100k.
  • Decision time: 24 hours.
  • Pricing: Factor rate or fixed fee, quoted at offer.
  • Soft search at quote stage: no credit-file footprint.

At a glance

Legal entity
Merchant Finance London Limited
Companies House
11059045
Founded
2017
Product
Unsecured term loan and merchant cash advance
Ticket range
£5k to £100k
Decision time
24 hours
Ltd-only
Yes (FundBiz routes Ltd / LLP / partnerships of 4+ only regardless)
Last reviewed
2026-05-08

Why we route here

  • Two complementary products under one underwriter.
  • Funds in 24 hours for clean cases.
  • Strong Trustpilot rating at 4.8.
  • Direct lender, no broker mark-up.

When we route elsewhere

  • Sole traders and partnerships not eligible.
  • Recent rebrand from mycashline; legacy reviews still split between names.
  • Smaller review footprint than mainstream rivals.
  • Cap at £100k limits utility for mid-ticket SMEs.

Best fit applicants

  • UK Ltd companies needing sub-£100k
  • Cases needing speed inside 24 hours
  • Borrowers choosing between term and MCA structure

Where MCL Finance is the wrong fit

  • Sole traders
  • £100k+ tickets
  • Long-term project finance

If declined by MCL Finance

If your application to MCL Finance is declined, the FundBiz post-decline matcher routes by decline reason. Common alternatives in our panel are listed in the "When we route elsewhere" section above. See also our MCL Finance decline runbook for sector-specific routing detail.

Other panel lenders

How we rate MCL Finance

This review is FundBiz's own editorial assessment, scored against a published framework. See our methodology for how we rate each lender.

Run the matcher

Tell us your turnover, sector and ticket size. We score against MCL Finance and the wider FundBiz panel, then surface the lenders most likely to approve. Limited companies, LLPs and partnerships of 4+ only.

Open matcher →

Last reviewed: 2026-05-08. By Oliver Mackman.

Check what finance your business qualifies for

Free, no-obligation. Matched to UK specialist lenders in 60 seconds.

Step 1 of 3 · Your business

Start typing and we'll search Companies House.

Your details are secure. See our privacy policy.

Soft credit search · Decision in 24-72 hours · Limited companies, LLPs and partnerships of 4+