365 Finance

365 Finance, revenue-based finance for SMEs

365 Finance is a direct UK financial provider operating under the legal name 365 Business Finance Limited, registered in England and Wales with company number 08267810. Its activity focuses on revenue-based finance, also known as merchant cash advance, aimed at small and medium-sized enterprises.

The company began operating in 2012 with the aim of offering an alternative model to traditional bank finance. Its proposition consists of converting future card sales into immediately available capital: the company acquires a portion of the business's future income and repayments are deducted as a small percentage of daily card transactions.

Products and finance terms

The provider's range covers finance amounts from £10,000 to £500,000. Repayment is made through a percentage of each card transaction, so payments automatically adjust to daily sales volume. The company states that it does not require security or business plans, does not apply admin fees or APR, and does not set a fixed term or fixed monthly payments. The cost is presented as a single all-inclusive amount that never changes.

Among the options and solutions it offers are revenue-based finance, merchant cash advance and unsecured business finance. Funds can be used for cash flow, buying stock and equipment, growth and expansion, hiring and other costs.

Application process and timescales

The process is structured in three steps: application in minutes, transfer of the amount directly to the business's bank account within a period the company puts at 24 hours, and progressive repayment linked to card sales. The company declares a 90% approval rate and notes that it does not assess the application solely on credit history. Each customer has a dedicated relationship manager throughout the process.

365 Finance's technology connects to the merchant's card terminal, so repayments are made automatically without any action required by the business.

Customer profile and use cases

The finance is aimed at SMEs in sectors such as retail, both high street and online, hospitality and services. The site includes testimonials from a shop owner, a veterinary practice owner and a restaurant owner describing straightforward application processes and repayments taken directly from card takings.

Leadership team

• Warren Abbey, Chief Executive Officer: a chartered accountant who began his career as an auditor at KPMG in 2009. He was Chief Financial Officer at OracleMed Health and, from 2014, Head of Business Strategy, Acquisition and Retention at Bayport Financial Services, where he also served as Chief Financial Officer for Colombia and Latin America. He joined 365 Finance as Commercial Director and was appointed Chief Executive Officer in 2024.
• Andrew Raphaely, Founder and Director: a chartered accountant with experience in wealth advisory, asset management and investment funds. He co-founded 365 Finance and serves as an executive director.
• Raf Polatinsky, Chief Operating Officer: a chartered accountant with a background in asset management. He joined 365 Finance in 2013 to lead the finance and operations areas.

Awards and international expansion

The company has received the King's Award for Enterprise, a British award for business excellence. After consolidating in the United Kingdom, 365 Finance has extended its activity to Europe, starting with Ireland, where it operates through 365 Finance Ireland with the same revenue-based finance model.

Location and contact

Manor House, 21 Soho Square, W1D 3QP