365 Business Finance
Direct MCA lender suited to £25k+ card-flow advances where the borrower wants a no-broker-fee structure. It also considers some cases case by case where missed payments or recent CCJs sit in the file but the card flow remains strong. Best fit for hospitality, retail and ecommerce Ltd companies with monthly card takings the advance can size against.
Quick verdict
- Product: Merchant cash advance (revenue-based finance).
- Ticket band: £10k to £500k.
- Pricing: One fixed cost, repaid as a percentage of card sales (quoted per offer).
- 365 Business Finance says it uses a soft search at quote stage, which other lenders cannot see on your credit file.
At a glance
365 Business Finance, at a glance
- Legal entity
- 365 Business Finance Limited
- Companies House
- 08267810
- Founded
- 2012
- Product
- Merchant cash advance (revenue-based finance)
- Ticket range
- £10k to £500k
- Decision time
- Funding in as little as 24 hours
- Ltd-only
- No, the lender also accepts other structures
Where 365 Business Finance is strong
- Direct lender, so the rate the applicant sees is the rate they get with no broker mark-up layered on top.
- No credit check for a provisional quote, according to 365's own FAQ; a credit check follows once an application is approved.
- Repayments are a percentage of card sales, so they fall in quieter months.
- Case-by-case acceptance on missed payments and small CCJs where mainstream term lenders auto-decline.
Watch-outs, and when another lender may suit better
- 365 advances start at £10,000, so smaller asks may suit iwoca instead.
- MCA only with no term-loan alternative, so borrowers who want fixed monthly payments may prefer Funding Circle, Allica or Aldermore.
- A fixed-cost model with no APR makes the true cost harder to compare with a loan.
- No card flow means no deal, so B2B service Ltds without a card terminal may be better served by invoice finance or asset finance.
Best fit applicants
- Hospitality, retail and ecommerce Ltds trading 6+ months with £10k+ monthly card sales (365's published minimum)
- £25k+ MCA tickets where the applicant wants a direct lender
- Ltd directors who refuse personal guarantees
Where 365 Business Finance is the wrong fit
- Sub-£10k tickets, consider iwoca
- B2B Ltds with no card flow, consider invoice finance
- Term-loan seekers, consider Funding Circle or Allica
If declined by 365 Business Finance
If your application to 365 Business Finance is declined, ask the lender for the reason in writing. Some alternatives are named in the watch-outs section above. See also our 365 Business Finance decline guide for what to do next, and our side-by-side guide to 365 Business Finance alternatives for the closest UK specialty finance providers.
Other lenders we list
- Aldermore, Asset finance, invoice finance, commercial mortgages
- Allica Bank, SME term loan, asset finance + commercial mortgage
- Bizcap, Specialist post-decline / fast cash
- Capify, Short-term business loans and supplier invoice payment
How we rate 365 Business Finance
This review is FundBiz's own editorial assessment, scored against a published framework. See our methodology for how we rate each lender.
FAQ
What can I borrow through 365 Business Finance?
365 Business Finance offers merchant cash advance (revenue-based finance). Ticket range: £10k to £500k. Typical rate: One fixed cost, repaid as a percentage of card sales (quoted per offer).
How long does 365 Business Finance take to decide?
Funding in as little as 24 hours 365 Business Finance says checking eligibility uses a soft search, so it does not affect your credit score.
Who is 365 Business Finance the best fit for?
First on the list: Hospitality, retail and ecommerce Ltds trading 6+ months with £10k+ monthly card sales (365's published minimum). The full list is under Best fit applicants above.
When might another lender suit better than 365 Business Finance?
First on the list: Sub-£10k tickets, consider iwoca. The other cases are under Where 365 Business Finance is the wrong fit above.
Send an enquiry
Tell us what you need in 2 minutes. FundBiz is not a lender and does not run a credit check. We pass your enquiry to a business finance broker, who will contact you about your options. For limited companies, LLPs and partnerships with four or more partners.
Send an enquiry →Official site: 365 Business Finance
Last updated: . By Adam Parker. FundBiz is owned and operated by Best Business Loans Ltd, directed by Oliver Mackman.