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How do you apply for a Cash Advance?

Flexible finance designed as an alternative to traditional bank loans.

How do you apply for a Cash Advance?

It has become a relatively well-known fact that securing safe and reasonable business funding is not exactly easy. In fact, that would be putting it lightly. It is undoubtedly a minefield of potential problems and something you do not want to be taking risks with – especially when the future of your entire business is on the line. However, do not be put off, there are quick and safe alternative business finance solutions available to take the pressure off your cash flow, and this article will help to guide you in the right direction.

QAm I eligible for a merchant cash advance?

A: A lot of cash advance style finance can be extremely difficult to be eligible for. You have to earn over X, you have to already have X, you have to pay it back by X date… the list goes on. To be eligible for a loan with 365 Business Finance the qualifications are simple: You must have been trading for a minimum of 12 months and you must make at least £3500 in credit or debit card sales each month.

QIs there masses of tricky paperwork involved?

A: In short, no! To apply for a business cash advance with 365 you simply need to take a few minutes to fill in their online application form and then following this you will be assigned a loan manager who will help to guide you through the rest of the process.

QHow will I repay the money if business takes a while to pick up?

A: This exact point is what makes 365 Business Finance one of the fairest unsecured loan providers you will come across. For example, say you take out a loan to give your hotel or B&B a make-over, it may involve business slowing down before it comes flooding in to your fresh, new establishment. With this specific type of loan you only pay back an agreed percentage of the credit or debit card sales you make each month. So, if you make less, you pay less. When you take more money, you pay more back and in that way are easily able to re-pay your loan without getting caught short.

QHow do I know how much I can borrow?

A: The amount you can borrow directly relates to the amount your business takes each month. Generally this can be up to 100% of what you take in credit or debit card payments. The range within which 365 Business finance usually make an offer of between £5000 and £200,000. If you are looking to borrow more than this it is still definitely worth calling up and enquiring, as it may be possible that you can qualify for a personalized, bespoke quote.

QCould I not simply get a bank loan from a high-street brand that I already know?

A: There is nothing to stop you from applying to take out a loan with a bank that you may already have a relationship with. However, this may become a problem when they are expecting a fixed monthly or weekly re-payment from you. As we have covered in this article, the benefit of applying for a Business Cash Advance instead is to alleviate the worry of not being able to make repayments. You pay, but only when you earn.

Another point to add to this is the speed at which your application is processed resulting in you receiving your money. When you apply for alternative business funding with 365, your application will be approved within 24 hours and the money should be in your account within the next few days. This is, of course, much faster than any regular bank could process a loan applications. When I last checked, it took me a full two weeks just to get an appointment at a high-street bank to discuss a possible loan…

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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

12 months

Monthly credit and debit card turnover of at least


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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.


Women in Credit Awards - Employer of the Year 2023
Lending Awards - Alternative Lender of The Year 2022



Women in Credit Awards - Employer of the Year 2023
Lending Awards - Alternative Lender of The Year 2022


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.

Am I eligible for a Rev&U™ cash advance?

Has your business been trading for a minimum of 6 months?

Does your business’ monthly credit and debit card sales exceed £10,000?

How much capital does your business need?

Use our calculator and see how Rev&UTM could help your business.

£60,000 Up to £400,000
1 – 3 years


funding received


for every card transaction

goes to your account

16% = £16

goes to 365 finance

A simple and secure way to finance your business

in minutes

Complete the application form. It takes less than 5 minutes!

Relationship manager

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

    Fast, efficient and friendly service. Enjoyable and easy experience from start to finish. Good to deal with real and responsive people. Very satisfied with the overall service

    Matthew, Business owner

    Matthew, Business owner

Useful information

Finance Academy

Explore our Finance Academy to understand all the financial acronyms and jargon, and take charge of your business’s financial success today!

Explore our guides

Same Day Business Cash Advance

The flexible alternative to bank loans

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