Franchise Business Funding
Flexible finance designed as an alternative to traditional bank loans.
Funding a Franchise with a Business Cash Advance
A business cash advance from 365 Finance has proven to be a valuable source of funding to many UK franchisees, enabling them to take the next steps on their business journey. Whether its opening a second, third or fourth franchise, redecorating, buying stock, hiring staff or taking care of an unexpected bill, a merchant or business cash advance empowers small business owners to continue striving for success.
- No APR or fixed-monthly payments
- Over 90% of applications approved
- No-security or business plan required
Do I Qualify?
Qualification for our business cash advances is simple: Contact our customer services team to see if you are eligible.
In business for at least
Monthly credit and debit card turnover of at least
Merchant cash advances for growth
Does your business need a traditional loan alternative?
A 365 merchant cash advance, is a sensible funding alternative to bank loans for small businesses. Your business could borrow between £10,000 and £400,000 and repayments are designed to mirror your cash flow, so when sales are better more is repaid.
Agree one, upfront all-inclusive cost that never changes.
- 90% approval rate
- Approval within 24 hours
- No APR or other hidden charges
- No security or business plan required
- Apply for a business cash advance online in minutes
- Flexible repayments based on your debit & credit card sales
Benefits of unsecured business cash advance for a franchisee
Running a successful franchise can be challenging, in most cases the master franchisor will provide plenty of support and perhaps even identify a source of start-up funding, what they can’t do however is provide the continuous source of finance and funding that is required by the franchisee to ensure the ongoing growth and success of the business. A merchant cash advance is a valuable alternative to a bank loan, its is an alternative finance solution that is sympathetic to the seasonal ebbs and flows of the small business and as such its repayment terms are flexible and fair.
Examples of how 365 Finance has benefitted Franchise owners:
- General working Capital
- Finance the acquisition of further franchise operations
- Refurbishments of existing franchise
- Purchase lease on premises
- Purchase of stock and equipment
A merchant cash advance program
365 Finance has helped over 650 small and medium sized business in the UK, many of them franchises, and has a Trust Pilot customer satisfaction rating of 94%. Eligibility is based on two simple factors, the value of your debit and credit card transactions, which needs to exceed £10,000, and your franchise needs to have been trading for at least six months.
365 Finance has an experienced team of funding specialists and advisor’s adept at working with franchises all over the UK. The franchise business model, and the ongoing funding requirements associated with franchise growth is something the funding advisors at 365 Finance are very familiar with.
How a Merchant Cash Advance Works
A merchant cash advance is an ideal type of no credit check loan. Instead of relying on your credit score, we assess your business’ recent debit and credit card transactions to determine affordability and produce a funding offer tailored for your business. Get in touch with our team today to receive a tailored quote. The loan application process is quick and easy, and we can give you a funding decision within 24 hours. There is no need for you to provide collateral or business plans, and we only conduct a soft credit check that does not affect your credit score. From this, we’re able to make a funding decision without running a hard check that will show on your credit report. Unlike a traditional bank loan, there are no interest rates or fixed monthly payments to worry about. Instead, repayments are taken from a small percentage of your future debit and credit card payments. We don’t require any APR as there is no fixed fee, just one all-inclusive cost that’s agreed on at the start, which never changes.
Repayments mirror the ups and downs of your business
A business processing £10,000/month in card sales can receive an unsecured cash loan of the same amount, with no interest rates or fixed terms. Repayments are automatic and based on a small percentage of monthly card sales.
How Rev&U™ repayments work
Agree fixed percentage
Agree a fixed percentage of your credit and debit card sales to repay the business cash advance (typically between 5% and 15% of your card sales)
Make card sales
Sell to your customers on your credit and debit card terminals.
The pre-agreed percentage is automatically deducted from your daily transactions at point of sale and you will.
Get money into your account
This is automated so there is no change to the time it takes for you to receive your money.
Daily sales reduce balance outstanding
The daily amount deducted then reduces the balance outstanding on the business cash advance.
Collections stop automatically
Collections stop automatically once the cash advance has been repaid in full.
Am I eligible for a Rev&U™ cash advance?
Behind thousands of SMEs in the UK
We’re supporting thousands of SMEs in the UK, helping them to build a solid foundation for long term business success.
How much capital does your business need?
Use our calculator and see how Rev&UTM could help your business.
for every card transaction
84% = £84
goes to your account
16% = £16
goes to 365 finance
A simple and secure way to finance your business
Apply in minutes
Complete the application form. It takes less than 5 minutes!
Be allocated a relationship manager to assist with any queries.
Approval under 24h
A decision will be made under 24h.
Get your cash advance in days
Funding directly into your business bank account within days
Same Day Business Cash Advance
The flexible alternative to bank loans