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Flexible finance designed as an alternative to traditional bank loans.

Unsecured Business Loans

Unsecured Business Loans Explained

Offering a Less Intrusive Route to Funding, With a Simple Application Process

Our unsecured loans are available to UK businesses that have been trading for more than 6 months, at competitive rates compared to traditional secured lending products offered by high street banks.

An unsecured business loan that requires no security is a more flexible and focused funding solution — it’s also a fast way to generate funding to grow your business. Our unsecured business loans and similar alternative lending products don’t feature upfront costs, but the cost of the funding may in some circumstances be more expensive than a traditional bank loan, as the institution providing the finance is taking a loan without securing security. Business trading history becomes very important as the funder will need to feel that the amount due to be paid back can be afforded by the business in need of the money.

Our unsecured business loans work for small and medium-sized businesses in need of business funding to finance smart, long-term growth.

If you’re running a relatively new business, it’s quite common to lack assets or the credit history to secure funding from a conventional bank. In this case, an unsecured business loan is a popular solution and a good alternative to secured business loans.

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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


Finance Academy

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

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What is an Unsecured Business Loan?

secured business loan requires a business to supply a security, usually in the form of a tangible asset such as commercial property, stock, machinery or a vehicle. If your business becomes bankrupt or insolvent, the lender can sell the asset to recoup costs. A secured loan usually entails a lengthy application process, as there are due diligence processes to conduct such as valuations, legal costs and business checks.

Whereas an unsecured business loan requires no security; 365 Finance work with you to provide a loan that fits your needs while still mitigating risk. Our team of experts guide you through the process and help you understand how a personal guarantee can protect both you and us as the lender.

Unsecured loans are also suitable for businesses with a bad credit score or poor credit history as we don’t do hard credit checks. Instead, we apply a soft credit check, and ask for 12 months of your latest card statements to evaluate your business’ trading history.

Who Can Use Unsecured Business Loans?

Unsecured business loans work best for small and medium-sized businesses in need of business funding and a small business loan with a hard credit check isn’t exactlt what you need, our merchant cash advance might be a good alternative for you.

Receive Unsecured Finance for Your Business in Less than 48 Hours

Funding with 365 Finance is entirely based on the debit and credit card transactions of your business. This fast finance alternative to the traditional bank loan is popular with businesses reluctant to be tied into secured loans with high interest rates and fixed terms, making it far more suited to the volatility experienced by small businesses.

Businesses can use our merchant cash advance as an unsecured business finance solution to raise £10,000 to £400,000 in funding. The amount of funding available depends on the average monthly card revenue of your business.

What Are the Advantages of a Merchant Cash Advance and How Does It Differ from a Regular Loan?

We can assure you an approval within 48 hours, and only apply one, all-inclusive fee to the overall advance amount, which means there’s no interest rates, APRs, fixed payments, or late penalties you need to worry about.

In addition, repayments are flexible, so your cash flow isn’t disrupted at any time. Our poroducts are designed to be fast, easy, and convenient, so you can focus on scaling your business.

While repayment processes can have a negative impact on a business’ cash flow, with our merchant cash advance you only repay through a small percentage of your business’ credit and debit card sales. Plus, the repayments are automated, so setting up monthly payments like you would for a traditional bank loan isn’t necessary. To understand how our unsecured cash advance differs from bank loans, you can find more here.

Further Unsecured Business Loan Details

The current economic climate has resulted in mainstream lenders making it difficult to acquire unsecured capital, especially if the business requiring the finance has a less than reputable credit history. It is in these circumstances a mainstream or high street lender would demand additional security.

Our unsecured business funding is designed to provide you with the access to capital you need to grow your business, even if your business is new, has a poor credit score or suffers from any other issue that could affect its access to conventional financing. We also provide a dedicated senior funding specialist to look after your application and the funding process.


Traditional bank loans have fixed monthly repayments, with a set repayment period. As these repayments are fixed, you are obligated to pay a set amount each month irrespective of underlying business performance – this can cause financial stress for your business, impacting cash flow.

Repayment period is typically between 6 to 10 months, however this is flexible depending on individual circumstances.

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 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

    Extremely professional, supportive and totally understood our company needs. Highly recommend 365 Finance as a business partner.

    Neil Mellon, Business owner

    Neil Mellon, 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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Frequently Asked Questions