If your business takes at least £10,000 a month on card, 365 Finance will advance you working capital against those takings and collect it back as a slice of every day’s sales. You pay a premium for the speed, and the size of that premium is really the whole question.
You get a lump sum against future card takings, then hand back a fixed slice of each day’s card settlement until the agreed total is cleared. There is no APR, only a factor rate.
We checked every figure on this page against 365 Finance’s own site and the FCA register on 17 August 2026, and we say beside each one where it came from. That matters more here than on most reviews, because several of the numbers that circulate about 365 Finance did not come from 365 Finance.
365 Finance Merchant Cash Advance at a Glance
Our Verdict
For a card-heavy business that needs money this week and cannot get it from a bank, 365 Finance does a clean job. The cost is one number agreed up front, there are no separate fees to trip over, and the daily collection moves with your takings rather than against a fixed calendar.
What you are buying is speed and flexibility, not a competitive price. 365 Finance does not publish a factor rate, so you cannot compare it against a rival until you have applied to both. On our own worked example, a £30,000 advance cleared over the five to ten months 365 says is typical, the money costs the equivalent of roughly 65% to 150% a year once you allow for the balance falling as you repay. That is what short, unsecured, sales-linked money costs. It is also several times a bank rate, and you want to know that before you sign rather than after.
The part that deserves the most attention is not the price. The advance sits outside FCA regulation altogether, so if the relationship sours the Financial Ombudsman cannot look at it. Your route is 365 Finance’s own complaints team, and after that the courts.
365 Finance Merchant Cash Advance
Best For
You’ll get the most from it as a card-heavy retail, hospitality or e-commerce business that turns over £10,000 a month or more on card and needs cash this week to cover stock or your wages.
It also suits you if a bruised credit file has shut the cheaper doors, because 365 Finance underwrites on your card takings rather than your filed accounts, and says outright that poor credit is not a barrier.
Not Ideal For
Skip it if you qualify for an iwoca or a bank rate, because the same money costs you a fraction as much. Do not assume a conventional business loan is regulated, though. FCA consumer-credit rules cover borrowing up to £25,000 by sole traders and small partnerships; lending to a limited company sits outside them whatever the size.
Avoid it, too, if you take under £10,000 a month on card, where Liberis fits a smaller takings profile, or if giving up any route to the Financial Ombudsman is a line you will not cross.
Key Facts
| Term | What applies | Source | Checked |
|---|---|---|---|
| Product | Merchant cash advance: an assignment of future card receivables, not a loan | 365 Finance | 17 Aug 2026 |
| Advance amount | £10,000 to £500,000 | 365 Finance | 17 Aug 2026 |
| Cost | One all-inclusive cost, set after underwriting. No factor-rate range is published for this product | 365 Finance | 17 Aug 2026 |
| Other fees | No late penalties or hidden fees; no APR and no fixed monthly payment | 365 Finance | 17 Aug 2026 |
| Repayment | Typically 5% to 15% of card sales, agreed up front | 365 Finance | 17 Aug 2026 |
| Repayment period | Typically repaid within 5 to 10 months | 365 Finance | 17 Aug 2026 |
| Minimum card sales | £10,000 a month in credit and debit card sales | 365 Finance | 17 Aug 2026 |
| Trading history | Six months minimum | 365 Finance | 17 Aug 2026 |
| Credit checks | Soft search only at decision; poor credit is not a barrier | 365 Finance | 17 Aug 2026 |
| Security | No security or business plan required. 365 Finance publishes no personal-guarantee position | 365 Finance | 17 Aug 2026 |
| Decision speed | Approval within 24 hours; over 90% of applications approved (company claim) | 365 Finance | 17 Aug 2026 |
| Funding speed | Into your business bank account within days of approval, not the same day | 365 Finance | 17 Aug 2026 |
| Regulation | Products not FCA regulated. On the FCA register under FRN 938602 for anti-money-laundering supervision only | 365 Finance complaints notice; FCA register | 17 Aug 2026 |
| Trustpilot | 4.9 out of 5 from 1,124 reviews | Trustpilot | 17 Aug 2026 |
What Is the 365 Finance Merchant Cash Advance?
How the 365 Finance MCA Works
The advance is a lump sum, between £10,000 and £500,000, set against the card sales the business expects to make. Size scales off card volume, so heavier takings unlock a larger advance.
You don’t pay a fixed instalment. 365 takes an agreed percentage of each day’s card settlement, so repayment moves with your cash flow until the total is cleared.
It is legally an assignment of your future card receivables rather than a loan, which is why you see a fixed cost rather than an interest rate, and why the consumer-credit rulebook does not apply to it. The total is fixed the day you sign. If the mechanics are new to you, our merchant cash advance guide and factor rate explainer cover them in full.
Who you are dealing with. The trading name 365 Finance belongs to 365 Business Finance Limited, incorporated in England and Wales on 25 October 2012 under company number 08267810, with its registered office at Manor House, 21 Soho Square, London W1D 3QP. Complaints go to a separate address at 13-15 Rosemont Road, London NW3 6NG. We confirmed all of this from Companies House and the FCA register on 17 August 2026.
MCA vs Business Loan: Key Differences
A term loan takes a fixed sum from you each month and charges interest on a falling balance, so repaying early saves you interest. The MCA works the other way round.
Repayment instead rises and falls with daily card takings, so a quiet week costs less that week. That suits seasonal and weather-driven trade, where a fixed instalment lands hardest in the months with the least money coming in.
Clearing early shrinks nothing, because the price is fixed in pounds at signing. That is what makes the advance dearer in annualised terms than the headline cost suggests.
365 Finance MCA Factor Rates and Total Cost
Factor Rates and Repayment Multiples
365 Finance does not publish a factor rate for this product. We read its merchant cash advance page, its application pages and its questions-and-answers page on 17 August 2026 and found no range anywhere: the site says only that you pay one all-inclusive cost that never changes. Your number is set after underwriting, which means you cannot compare 365 Finance against a rival until you have applied to both.
Because 365 Finance sets your cost only after underwriting, the 1.15 to 1.40 range quoted around the web cannot stand in for an actual offer; an earlier version of this page repeated it. We could not trace it to anything 365 Finance publishes. Factor rates of roughly 1.1 to 1.5 are common across the UK merchant cash advance market as a whole, and 365 Finance’s own educational material discusses the mechanism in those general terms. A market range is not a price list, and we should not have presented one as the other.
BusinessExpert calculation. To show how the arithmetic runs, take a £30,000 advance at a factor of 1.25. You repay £37,500 in total: the £30,000 plus £7,500 of cost, fixed on the day you sign and unchanged by anything your sales do afterwards. At 1.40 the same advance would cost £12,000, and at 1.15 it would cost £4,500. We use 1.25 throughout this page purely as an illustration. It is not a rate 365 Finance has quoted, to us or to anyone else we can point to.
Fees and Charges
There are no separate fees on top of the agreed cost. What the advance costs you is simply the gap between what lands in your account and what you pay back, which makes it unusually easy to plan against.
365 Finance states there are no late penalties and no hidden fees, and we found nothing on its site contradicting that on 17 August 2026. Only a minority of merchant cash advance providers price this way. Capify, for one, adds a processing fee, an origination charge and a monthly service fee on top of its factor, so two advances with the same headline factor can cost very different amounts.
None of which tells you whether the cost itself is fair. A no-fee 1.40 can cost you more than a rival’s 1.20 with fees bolted on, so the only comparison worth making is the total pounds repaid on the same advance over the same period.
What the Cost Works Out At Over a Year
There is no APR here and we are not going to invent one. An APR is a regulated calculation on a credit agreement with a known term, and this is neither. You still need a number you can hold against a bank quote, though, so we work out two. They answer different questions and they give very different answers.
Simple annualised cost estimate. Take the cost as a share of the advance, then scale it to twelve months. On the £30,000 example at 1.25, the cost is 25% of the advance. 365 Finance says a typical advance clears within five to ten months, so that 25% scales to 30% a year if you take ten months over it, or 60% if you clear it in five. This is the easy number, and it understates what you are paying, because it quietly assumes you have the whole £30,000 for the whole period when in fact you start handing it back the next day.
Estimated effective annualised cost. This one allows for the balance falling as you repay, the way an interest rate does. On level monthly repayments, that same £7,500 works out at roughly 65% a year over ten months, 85% over eight, and 150% over five. These are BusinessExpert calculations from the figures above. They are not quotes, they are not APRs, and they move with your actual repayment pattern.
| Cleared in | Monthly repayment | Total repaid | Simple annualised | Estimated effective annualised |
|---|---|---|---|---|
| 5 months | £7,500 | £37,500 | 60% | about 150% |
| 8 months | £4,688 | £37,500 | 37.5% | about 85% |
| 10 months | £3,750 | £37,500 | 30% | about 65% |
Assumptions. A £30,000 advance at an assumed factor of 1.25, giving £37,500 repayable. Level monthly repayments. The repayment periods are 365 Finance’s own published typical range of five to ten months. The effective figures are internal rates of return on those cash flows, annualised. Real collections rise and fall with your card sales, so treat these as the shape of the cost rather than a quotation.
Notice which way round that runs. The faster your sales clear the advance, the higher the annualised cost looks, even though you hand over exactly the same £7,500 either way. That is not a trick, it is simply what happens when a fixed fee is spread across a shorter period, and it means the annualised figure is the wrong thing to optimise. The number that decides this is the £7,500, and whether any lender who would quote you an actual interest rate would have said yes.
365 Finance MCA Eligibility
Who Can Apply
You apply as the owner or a director. 365 Finance publishes that no security and no business plan are required, that it runs only a soft credit search at the decision stage, and that a poor credit history is not a barrier, because it underwrites on your card-processing and open-banking data rather than your filed accounts.
On personal guarantees, 365 Finance publishes nothing we can find, and that silence is worth noticing on a decision this size. CapExpand, a commercial finance introducer that places deals with 365 Finance, reports that every director signs jointly and severally, which would let 365 Finance pursue any one of them for the whole outstanding balance. That matches how UK merchant cash advances generally work, but it is a broker’s account rather than a 365 Finance statement, and we will not present it as one. Read the guarantee clause in your own offer before anybody signs it.
What does get an application turned down is more specific than a credit score. CapExpand, which routes deals to 365 Finance, reports that the common refusals are too short a trading history and businesses in excluded industries. Thin or erratic card takings count against you as well, for the obvious reason that the advance is repaid out of them.
Card Turnover and Trading History
365 Finance sets the bar higher than some rivals: at least £10,000 a month in card sales and six months of trading. That rules out the smallest card-takers, and it is the most common reason a business gets no further.
Card volume then sets the size of the offer. Merchant cash advances are commonly sized at roughly a month of card takings, so a business turning over £10,000 a month should not expect much more than that, with the £500,000 ceiling reserved for far heavier traders.
If most of your money arrives by bank transfer or invoice, this will not fit. The advance is set against card receipts alone, so cash and bank-transfer turnover count for nothing towards the threshold.
Business Types Accepted
You can apply as a limited company, sole trader or partnership, as long as the business is UK-based and takes a meaningful share of its money on card terminals.
You’re judged on your card receipts, not a clean file alone: 365 weighs merchant turnover over filed accounts, which opens the door to businesses a bank has already turned down.
365 Finance MCA Application Process
How to Apply for a 365 Finance MCA
You start with an online form that 365 Finance says takes under five minutes, covering your card turnover and how long you have traded. The company says it approves over 90% of applications. That is 365 Finance’s own figure and we have no way to test it, so read it as an application-level number: how many businesses that reach a full application get accepted, not how many enquiries turn into money.
You then connect your card-terminal or open-banking data, and an account manager confirms the offer. There’s no business plan to write and no security to pledge.
Documents and Checks Required
The evidence that matters is your card-processing data, because those takings are what the advance is set against. Have a few months of merchant settlement statements to hand before you start.
Expect standard identity checks alongside it. 365 Finance says it runs only a soft credit search, which leaves no mark on your file, and it reads your cash flow and card history far more closely than any score. Consistency matters more here than a perfect record.
Decision and Funding Timeline
365 Finance separates the decision from the money, and so should you. It says approval comes within 24 hours. It says the funds reach your business bank account within days after that, not the same day. Those are two different promises and only the first one is fast.
The underwriting runs off your card-processing and open-banking data, which is what makes the decision quick. What fills the gap between yes and cash is paperwork: the agreement itself, and the arrangement with your card processor so the daily split can be taken at source. So if a supplier wants paying on Friday and you apply on Thursday, do not bank on the money landing. Plan on a few working days and treat anything quicker as a bonus. Against a bank quoting three weeks that is still the fastest thing on the table, but it is days, not hours.
365 Finance MCA Repayment and Cash Flow
How the Percentage-of-Sales Repayment Works
365 Finance publishes the collection rate, and it is lower than this page used to say: typically between 5% and 15% of your card sales, agreed before you sign and then fixed for the life of the advance. Where you land inside that band comes down to the size of the advance against your takings, which is the same underwriting judgement that sets your cost.
A 16% ceiling is also quoted for 365 Finance, including in an earlier version of this page. It comes from CapExpand, the introducer mentioned above, which describes the cap as a deliberate choice by 365 Finance’s underwriting team to protect a merchant’s cash flow. We have not found a 365 Finance page stating a formal 16% cap. Treat it as a broker’s observation, not a published term. It is a plausible one, sitting just above the top of the band 365 Finance does publish.
The slice goes straight to 365 Finance each day, as the card processor settles. Nothing is invoiced and no cheque is written, so repayment tracks trade rather than a fixed calendar.
There is no fixed end date. Once the advance is part-repaid it can be renewed or topped up, and 365 Finance says the typical one clears within five to ten months. A busy stretch gets there sooner, but the total owed does not move.
Cash Flow Impact in Slow and Busy Periods
In a quiet month the payment falls, because the collection is a percentage of a smaller number. That is the one genuine advantage over a fixed instalment: a bad January costs you less in January, rather than arriving as a payment you cannot make.
In a busy month it takes more, so the advance clears faster. The cost does not move with it. Clearing early never refunds a penny, which is the mirror image of the same rule.
Rolling into a fresh advance before the first has cleared stacks one fixed cost on top of another, and because nothing is refunded for clearing early there is no saving to offset it. That is how a business drifts into using the advance as working capital permanently rather than as a bridge.
BusinessExpert cash-flow model. The question that actually decides whether you can carry this is not the cost. It is how much cash leaves the business each month. Take the same £30,000 advance and £37,500 total, with the collection set at 12% of card sales, in the middle of the published 5% to 15% band.
| Your monthly card sales | 365 Finance collects | Months to clear | Simple annualised | Estimated effective annualised |
|---|---|---|---|---|
| £20,000 | £2,400 | 15.6 | 19% | about 40% |
| £30,000 | £3,600 | 10.4 | 29% | about 62% |
| £40,000 | £4,800 | 7.8 | 38% | about 87% |
Run your own takings through that middle column before you sign anything. A business turning over £20,000 a month on card hands back £2,400 of it every month for well over a year, and that is the money it would otherwise be buying stock with. Note too that the business with the weakest takings pays the lowest annualised cost and carries the debt the longest, which is the opposite of how a bank loan behaves.
365 Finance MCA Customer Reviews
What Customers Like
365 Finance holds 4.9 out of 5 on Trustpilot from 1,124 reviews, checked on 17 August 2026. That is the highest score of any major UK merchant cash advance provider we track, and it needs one piece of context: it rests on a much smaller base than its rivals. YouLend sits at 4.8 from around 12,000 reviews and iwoca at 4.7 from around 13,000. A 4.9 across 1,124 is a good record. It is not the same weight of evidence as a 4.7 across 13,000.
The praise is consistent and specific. Reviewers name the turnaround above everything else, often describing approval and release inside a single day, and they name individual account managers rather than the company. Two things on that Trustpilot page cut the other way, and both are Trustpilot’s own flags rather than ours: 365 Finance has no recent history of inviting reviews, which means the sample is unprompted but may not be representative, and the company has not replied to negative reviews. Of the 1,124 reviews, 309 arrived in the last twelve months.
Common Complaints
The complaint that recurs, here and right across the merchant cash advance market, is cost. Borrowers describe a fixed total that was stated clearly enough and an annualised cost that was never spelled out, so the money turned out dearer than they had pictured when they compared it in their heads against a loan.
The second is renewal, for the reason set out above. Neither problem is hidden in the agreement, and neither is unique to 365 Finance. Both are why the effective annualised cost is worth working out before you commit, and again before you roll over.
365 Finance MCA Support and Regulation
Customer Support
365 Finance gives you a named account manager rather than a call-centre queue, and the 4.9 score leans heavily on that. It means one person who already knows your file when you come to renew.
That hands-on service is part of the price, and customer reviews repeatedly credit individual account managers and the quick turnaround. One person to call when a repayment question lands is worth more than it sounds, particularly at renewal.
Regulatory Status and Complaints
The advance is not regulated, and that is the most important thing on this page. Because it is legally an assignment of your future card receivables rather than a credit agreement, it sits outside the FCA’s perimeter, and 365 Finance says so itself: its complaints notice states that its products are not regulated by the Financial Conduct Authority, and that a complaint about merchant financing cannot be referred to the Financial Ombudsman Service.
The register says the same thing from the other direction, and this is the part most reviews miss. 365 Business Finance Limited does appear on the FCA register, under firm reference number 938602, which can look reassuring at a glance. Read the entry and it is listed as supervised for anti-money-laundering purposes only, and has been since 22 February 2021. That is a money-laundering registration, not permission to carry out a regulated activity. The entry carries the FCA’s own warning in plain terms: the Ombudsman will not be able to consider a complaint about this firm, and the compensation scheme will not consider a claim if it fails.
One correction while we are here, because this page got it wrong before and so does much of the market. Losing FSCS cover is not a cost of choosing a merchant cash advance over a loan. The compensation scheme protects deposits, investments and insurance policies. It has never protected anybody for borrowing money, on any product, from any lender. What you genuinely give up is the Ombudsman, and that is loss enough.
So if a dispute arises, your route is 365 Finance’s own complaints team at complaints@365finance.co.uk. It undertakes to acknowledge within five business days and to send a final response within ten, stretching to twenty-five in exceptional cases. Above that there is nothing. You are left with the courts, which on a £30,000 dispute is a serious and expensive step. Keep every quote, every version of the agreement and a note of every call from the day you apply. On an unregulated product the paperwork you kept is the protection you have.
| Is the advance FCA regulated? | No. 365 Finance states that its products are not regulated by the Financial Conduct Authority. |
|---|---|
| Is 365 Finance on the FCA register? | Yes, under FRN 938602, but for anti-money-laundering supervision only, since 22 February 2021. It holds no regulated-activity permission. |
| Can you go to the Financial Ombudsman? | No. 365 Finance’s complaints notice rules out merchant financing. |
| Does the FSCS cover you? | No. The FSCS protects deposits, investments and insurance. It does not protect borrowers. |
| What is the complaints route? | complaints@365finance.co.uk. Acknowledgement within 5 business days; final response usually within 10, and up to 25 in exceptional cases. |
| Would a business loan be regulated? | Not necessarily. FCA consumer-credit rules cover borrowing up to £25,000 by sole traders and small partnerships. |
The FCA register entry also states the Ombudsman cannot consider a complaint about the firm. On compensation, the same answer applies to a bank loan. The complaints route can take up to 25 days for a final response in exceptional cases; after that, the courts. Lending to a limited company sits outside the perimeter whatever the amount.
365 Finance MCA vs Alternatives
365 Finance MCA vs Liberis Merchant Cash Advance
Both price the same way, as one fixed cost with nothing bolted on, so the choice comes down to who will have you. Liberis starts at £1,000 a month in card sales and four months of trading. 365 Finance wants £10,000 and six months.
Pick 365 Finance for the higher ceiling, the renewals and the service record. Pick Liberis if your card takings are smaller or your business is younger, where it accepts businesses 365 Finance will not.
365 Finance MCA vs Capify Merchant Cash Advance
Capify lends larger and accepts worse credit, but it stacks a processing fee, a 4% origination charge and a monthly fee on top of its factor. 365 Finance charges the cost and nothing else, which is why two advances quoted at the same factor can end up costing very different amounts.
Pick 365 Finance for the cleaner, usually cheaper deal and the better service record. Pick Capify only if you need a bigger advance, or if your credit is poor enough that 365 Finance turns you down.
365 Finance MCA vs Alternative Business Finance
iwoca’s Flexi-Loan at 49% representative APR, and Funding Circle from 6.9% APR, are both cheaper than any merchant cash advance. They also want a reasonable credit file and steadier trading, which is the whole reason the advance market exists.
A high-street bank is cheaper still, though be careful with the word regulated: lending to a limited company falls outside FCA consumer-credit rules whoever makes the loan, so what a bank actually gives you is an authorised firm you can take to the Ombudsman, not a regulated agreement. The 365 Finance advance only wins when those doors are shut, when you need the cash in days, or when you want repayments that fall in a quiet month. It is worth reading our YouLend review too, the closest direct rival on card turnover.
Liberis Business Cash Advance
iwoca Business Loan
Capify Business Loan
Final Verdict: Is the 365 Finance Merchant Cash Advance Worth It?
The profile that fits is narrow and clear: a business taking £10,000 a month or more on card, needing the money in days rather than weeks, and willing to pay for service instead of chasing the lowest rate.
On that profile it is the merchant cash advance we shortlist first. One all-inclusive cost with no fees stacked behind it, a published collection band of 5% to 15%, and the highest Trustpilot score in the category at 4.9 from 1,124 reviews, on a smaller base than YouLend or iwoca.
For everyone else this is expensive money and the regulatory gap is real. On our worked example the effective annualised cost runs somewhere between 65% and 150% depending on how fast your sales clear it, and there is no Ombudsman above the company if the relationship goes wrong. Neither of those makes it a bad product. Both make it a considered one.
Treat it as a tool with a specific job. Work out the effective annualised cost on the offer in front of you, put a Liberis or iwoca quote beside it, and satisfy yourself that no cheaper door is open before you sign. If one is, take it.
Frequently Asked Questions
Is a 365 Finance cash advance a loan?
No. It is a merchant cash advance: legally an assignment of your future card receivables rather than a loan. That is why it is priced as one fixed cost instead of an APR, and why it sits outside FCA consumer-credit rules. Checked 17 August 2026.
How much does a 365 Finance advance cost?
One all-inclusive cost, agreed up front, with no separate fees. 365 Finance does not publish a factor-rate range for this product, so your figure only appears after underwriting. As an illustration, a factor of 1.25 on a £30,000 advance means £37,500 repayable. Cleared over the five to ten months 365 Finance says is typical, that is an estimated effective annualised cost of roughly 150% down to 65%. Checked 17 August 2026.
What are the eligibility requirements?
At least £10,000 a month in credit and debit card sales, and six months of trading. No business plan and no security are required, only a soft credit search at the decision stage, and 365 Finance underwrites on your card and open-banking data, so a poor credit history is not a barrier on its own. It publishes no position on personal guarantees. Checked 17 August 2026.
How much of my card takings does 365 take each day?
365 Finance publishes a typical range of 5% to 15% of your card sales, agreed before you sign and fixed for the life of the advance. A 16% ceiling is often quoted for 365 Finance, but that comes from a commercial finance introducer rather than 365 Finance itself, and we have not found it stated on any 365 Finance page. The collection flexes with your takings, so a quiet day costs you less and the advance simply runs longer. Checked 17 August 2026.
How quickly can I get funded by 365 Finance?
Approval usually comes within 24 hours. The money is a separate step: 365 Finance says funds reach your business bank account within days of approval, not the same day. The application takes minutes, and the company says it approves over 90% of applications, which is its own figure. Checked 17 August 2026.
Is 365 Finance regulated by the FCA?
No. 365 Finance states that its products are not regulated by the FCA and that merchant financing complaints cannot go to the Financial Ombudsman. 365 Business Finance Limited does appear on the FCA register under FRN 938602, but only as a firm supervised for anti-money-laundering purposes since 22 February 2021, which is not permission to carry out a regulated activity. The FSCS does not apply either, though it would not protect you as a borrower on a bank loan. Checked 17 August 2026.
How We Reviewed the 365 Finance Merchant Cash Advance
We reviewed the 365 Finance cash advance on cost, fees, eligibility, the application process, repayment mechanics, cash-flow impact, customer sentiment and regulatory status. Every claim on this page is one of four things, and we say which: a term 365 Finance publishes, a fact we verified from an official register, a BusinessExpert calculation, or an observation reported by a named third party.
On cost we give two figures rather than one, because a merchant cash advance has no APR and no fixed term. The simple annualised cost estimate scales the fixed cost to twelve months. The estimated effective annualised cost is an internal rate of return on the repayment cash flows, which allows for the balance falling as you repay. Both are BusinessExpert calculations on a stated example, not quotations, and we publish the assumptions beside them.
On 17 August 2026 we checked 365finance.co.uk, including its merchant cash advance, application and questions-and-answers pages and its complaints notice; the FCA register entry for 365 Business Finance Limited, FRN 938602; the Companies House record for company number 08267810; and the Trustpilot profile, which stood at 4.9 out of 5 from 1,124 reviews. Where a figure comes from a commercial finance introducer rather than 365 Finance, we name the introducer in the text. We have not obtained quotes from 365 Finance, and we present no figure on this page as one.
We weighed the service record and the published 5% to 15% collection band against the recurring complaint about annualised cost, and against the cheaper alternatives a qualifying business should try first.
We re-check the cost basis, fees, eligibility, speed and regulatory status on this page regularly, and we date-stamp each term in the table above. We have no affiliate relationship that affects this assessment. See our editorial policy.
Related guides. If you are still weighing an advance against the alternatives, these cover the rest of the decision.
- Merchant cash advances explained: how the product works, who it suits and where it goes wrong.
- Factor rates explained: why a factor rate is not an interest rate, and how to convert one.
- YouLend review: the closest rival to 365 Finance on card turnover.
- Liberis review: the advance with the smaller minimum, for smaller or younger card-takers.
- Working capital finance: the funding types that solve a cash-flow gap, compared.
- Business overdraft alternatives: what to use when the bank refuses or withdraws an overdraft.
- Revolving credit facilities: draw, repay and redraw, and what it costs against an advance.
- Unsecured business loans: the cheaper route if your credit file and trading history allow it.
- Working capital hub: every funding option we cover for a cash-flow shortfall.