Fintech finance specialist, Capital on Tap, is partnering with Machine Mart, Britain’s biggest specialist supplier of tools and machinery, to launch the new Machine Mart Mastercard to the supplier’s business customers.

Machine Mart business customers will be invited to apply for the card via machinemart.co.uk/business-mastercard using an easy and intuitive application process which takes as little as 2 minutes to complete.

The majority of applicants will receive an instant credit decision without affecting their credit score, with credit limits available up to £50,000 to grow their organisation and take advantage of business opportunities. With 0.5% cashback on everyday spending at millions of retailers worldwide, customers get a reward each time they use the card, plus with up to 10 cards per account, the benefit can soon add up. Cardholders will also qualify for up to 37 days interest free credit when they spend on their card and pay off their balance in full every month – As well as having no monthly or annual fees, they will also benefit from having no ATM charges or foreign transaction (FX) fees to worry about.

Zoe Newman, head of partnerships, Capital on Tap, says: “We are excited to have the opportunity to partner with one of the UK’s leading suppliers of tools and machinery. Machine Mart is a forward-looking business with a strong focus on innovation. We are looking forward to working with them to help provide a wide range of financial benefits to their business customers

“Machine Mart is a great addition to our co-brand line-up – we are really proud to make it easy, simple and inexpensive for B2B suppliers to launch co-brand cards. For Machine Mart, the branded card is also a great way for the company to promote itself to customers, as they are constantly reminded of the brand wherever they use the card,” adds Newman. “Moving forwards, we are focused on supporting Machine Mart to become the tools and machinery retailer of choice for businesses across the UK.”

About Machine Mart

Machine Mart is Britain’s biggest specialist supplier of Tools and Machinery. Established in 1981, the company has a growing network of superstores nationwide, (currently numbering 65), with thousands of tools and machinery items on display. In addition to over 6,000 catalogue lines, the XTRA section of the Machine Mart website now includes a further 15,000 specialist hard-to-find tools for just about every application. For more information about Machine Mart, please visit www.machinemart.co.uk

About Capital on Tap

Founded in 2012, Capital on Tap is on a mission to help small businesses thrive. The company believes small business owners are the foundation for growth in the economy, and yet today’s banking system has left them behind. Capital on Tap has partnered with over 40,000 small businesses across the UK deploying funding facilities of over £500 million to customers ranging from freelance designers to pub owners to solicitors. For more information, please visit www.capitalontap.com.