Float Finance Reviews

Float Finance offers flexible, non-dilutive growth funding for SaaS companies, funding over €85M in 16 markets with founder-friendly, transparent terms.

Here are the Trustpilot Reviews from Float Finance:

Here are the Reviews from Float Finance:

Float gave us the freedom and flexibility to negotiate from a position of strength. Their support was game-changing for our journey.

Jan Sláma

Float provided the capital we needed to expand into the U.S. It gave us the time to secure the right investment on better terms.

Jan Sláma

The financing from Float took the pressure off when external fundraising was difficult, and gave us time. We used the time to get a convertible loan from investors that, along with the Float loan, extended our runway for 2 years, during which time our valuation quadrupled.

Ari Andricopoulos

Float provided the calm in the eye of the storm that we needed to get through towards profitability and allowed us to focus on business growth.

Vlad Zhovtenko

Float’s credit helped us move quickly and secure key deals without delaying our growth or giving up ownership. It gave us access to funding right when we needed it the most.

Stephen Connolly

We couldn’t have done it without Float. It helped us close key deals, reach cash break-even, and keep control of our business. It really made a big difference for us.

Stephen Connolly

Explore Float Finance's Finance Solutions:

Revenue-Based Finance

£10,000 - £1,000,000

E-Commerce Growth Finance

£10,000 - £500,000

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Explore Float Finance's Finance Solutions:

Loan Type:

Revenue-Based Finance

Loan Range:

£10,000 - £1,000,000

Loan Terms:

6 to 18 months (repaid through a fixed percentage of monthly revenue)

Minimum Turnover and Trading Age:

Minimum £120k annual recurring revenue OR £240k annual gross sales (for e-commerce)

Interest Rate / Factor Rate:

Factor rate equivalent to 12% - 36% per annum (not APR – calculated on the initial drawdown amount)

Fees:

Arrangement fee: 2% - 5% of the drawn amount (deducted upfront). No early repayment fee.

Loan Type:

E-Commerce Growth Finance

Loan Range:

£10,000 - £500,000

Loan Terms:

3 to 12 months (repayment as a fixed percentage of monthly sales)

Minimum Turnover and Trading Age:

Minimum £240k annual gross sales on platforms like Amazon, Shopify, WooCommerce

Interest Rate / Factor Rate:

Factor rate equivalent to 15% - 30% per annum (on initial drawdown)

Fees:

Arrangement fee: 3% - 6% of total facility (deducted upfront). No exit fee.

Loan Type:

SaaS & Subscription Finance

Loan Range:

£20,000 - £1,000,000

Loan Terms:

6 to 24 months (repayment as a fixed percentage of monthly recurring revenue)

Minimum Turnover and Trading Age:

Minimum £120k annual recurring revenue (ARR)

Interest Rate / Factor Rate:

Factor rate equivalent to 12% - 28% per annum (on initial drawdown)

Fees:

Arrangement fee: 2% - 5% of the facility amount (deducted upfront). No early repayment fee.

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More About Float Finance

Float Finance is a UK-based alternative finance provider that offers revenue-based finance solutions designed for fast-growing digital businesses. Founded in 2015, the company operates as a technology-driven lender, providing unsecured, flexible capital to companies with recurring revenue models such as SaaS, e-commerce, and subscription services. Float Finance is not directly regulated by the FCA for its core lending product.

Key features

Float Finance uses a revenue-linked repayment model with automatic monthly adjustments, supported by API integrations with platforms such as Xero, QuickBooks, Stripe, Shopify, and Amazon. The online application portal provides an initial decision within 48 hours, and a dedicated relationship manager is assigned to each client. Top-up and follow-on facilities may be available after three months of consistent repayments.

Repayments automatically adjust to monthly revenue, reducing cash flow pressure in slower months.
No personal guarantee required for qualifying businesses with strong revenue history.
No early repayment fees – the facility can be paid off early without penalty.
Unsecured lending – no property or fixed assets needed as collateral.
Digital-first platform with real-time data sharing via API.
Dedicated account management and ongoing support throughout the term.

Eligibility

Businesses may qualify if they have a minimum trading period of six months for revenue-based products or 12 months for e-commerce finance, and meet minimum annual turnover requirements: £120,000 annual recurring revenue for SaaS or subscriptions, or £240,000 gross sales for e-commerce. The lender excludes traditional retail, manufacturing, construction, real estate, hospitality, non-recurring professional services, gambling, adult entertainment, and other high-risk industries. Geographic coverage is limited to the United Kingdom (England, Scotland, Wales, and Northern Ireland).

Loan options

Float Finance offers three main products: e-commerce growth finance, revenue-based finance, and SaaS & subscription finance. All are unsecured, with repayment calculated as a fixed percentage of monthly revenue or sales. Below is a summary of each option.

Revenue-Based Finance: £10,000 to £1,000,000; 6 to 18 months; factor rate equivalent to 12% to 36% per annum; arrangement fee of 2% to 5% deducted upfront; no early repayment fee. Requires minimum £120,000 annual recurring revenue or £240,000 annual gross sales for e-commerce.
E-Commerce Growth Finance: £10,000 to £500,000; 3 to 12 months; factor rate equivalent to 15% to 30% per annum; arrangement fee of 3% to 6% deducted upfront. Requires minimum £240,000 annual gross sales on platforms like Amazon, Shopify, WooCommerce, or BigCommerce.
SaaS & Subscription Finance: £20,000 to £1,000,000; 6 to 24 months; factor rate equivalent to 12% to 28% per annum; arrangement fee of 2% to 5% deducted upfront; no early repayment fee. Requires minimum £120,000 annual recurring revenue.

How to apply

Applications are submitted online only. The initial decision is typically provided within 48 hours of submitting the form and connecting accounting or payment data. Following full credit approval and document signing, funding is usually completed within seven business days.

Submit the online application and connect accounting software (Xero, QuickBooks) or payment gateway (Stripe, Shopify, Amazon).
Provide the latest six months of business account bank statements.
Supply the latest filed accounts if older than 12 months, a business plan or use-of-funds statement for amounts above £250,000, and proof of identity and address for directors.

Funding Agent's view

Float Finance occupies a niche in the UK alternative lending market, targeting high-growth digital businesses with predictable recurring revenue. Its revenue-based repayment model offers cash flow flexibility, as repayments scale with business performance, and the lack of personal guarantees for qualifying firms may appeal to founders seeking to avoid personal liability. However, the effective cost of capital is higher than that of secured bank loans due to the factor rate structure, and the lender’s sector focus excludes many traditional business types. Businesses that meet the revenue and trading history requirements and value unsecured lending and fast-access capital without equity dilution may find this lender relevant. Borrowers should weigh the upfront arrangement fee, the fixed repayment percentage (8% to 15% of monthly revenue), and the absence of FCA regulation for the core product against the flexibility offered.