365 Finance vs Liberis: Loan and Service Comparison

If you take card or online payments, revenue-based finance swaps fixed monthly instalments for a simple fee and a small share of your sales, so repayments rise and fall with takings. As a direct lender, 365 Finance markets advances up to £500k with no APR or fixed monthly payments and approval typically inside 24 hours. Through partners, Liberis Working Capital offers £1k–£500k, priced as one fixed fee and repaid as a percentage of daily revenue, with funding available as quickly as 48 hours from signing and, in some journeys, in as little as an hour. Because these products rarely use APRs or fixed terms, the smart comparison is total repayable and the likely time to clear, not a headline rate.

‍

‍

‍

Products and Terms at a Glance

365 Finance overview, loan sizes, fees, repayment style, terms, eligibility

365 Finance specialises in merchant cash advances for UK SMEs. Funding is available up to £500,000. Repayments come automatically from a small percentage of each card sale. There is a single all-inclusive fixed cost and no APR. There are no fixed monthly payments and no fixed term. Typical eligibility includes trading for at least 12 months and taking at least £3,500 per month in card sales. Approvals are commonly issued within about 24 hours.

• Funding size: up to £500,000.
• Pricing: single fixed cost, no APR or compounding interest.
• Repayment: agreed % of card takings, collected automatically.
• Term: flexible, ends when the agreed total is repaid. No fixed monthly payments.
• Eligibility: usually 12+ months trading and £3,500+ monthly card sales.
• Speed: approval within c. 24 hours; some product pages state funding can be as fast as 24 hours.

Sources: 365 Finance product pages confirm “no APR or fixed monthly payments,” approval within 24 hours and funding up to £500k, plus the published eligibility example of 12 months’ trading and £3,500 monthly card sales. See Merchant Cash Advance and How do you apply. For “as fast as 24 hours” funding wording, see Fast funding page.

Pros of 365 Finance

• Direct UK lender with a simple offer for card-taking SMEs.
• Clear, single cost. No interest rate surprises or late fees to calculate.
• Repayments flex with takings, which can reduce pressure in slower months.
• Fast approvals; straightforward documents.
• No security or business plan required in typical cases.

Cons of 365 Finance

• Only suits businesses with consistent card or online payments.
• Total cost can be higher than a traditional term loan if your business qualifies for bank pricing.
• Maximum funding of £500k may be lower than some embedded-finance alternatives.

Liberis overview, loan sizes, fees, repayment style, terms, eligibility

Liberis provides embedded, revenue-based funding through payment and software partners. Its core product is a merchant cash advance style facility marketed as Working Capital. Funding can range from £1,000 to £1,000,000. The cost is a fixed fee agreed upfront. Repayments are taken automatically as a set percentage of daily revenue. There is no fixed term. Funding can be delivered very quickly, sometimes in as little as an hour through partner channels.

• Funding size: £1,000 to £1,000,000.
• Pricing: one fixed fee, shown in the offer.
• Repayment: agreed % of daily revenue, deducted automatically.
• Term: no fixed term, ends when the agreed total is repaid.
• Eligibility: driven by live sales data with a partner, requirements vary by partner.
• Speed: instant decisions are possible; funds can arrive very quickly via embedded journeys.

Lib eris also offers a revolving model, Flex Capital, which works like an always-on limit that you can draw down and repay, similar to revolving credit. Repayments still flex with revenue, and availability is typically for 12 months.

Sources: Liberis product pages specify £1k to £1m, fixed fee pricing, percentage-of-revenue repayments and very fast funding; see Explore Funding and Working Capital. Flex Capital detail: Flex Capital; partner example: Opayo by Worldpay.

Pros of Liberis

• Very fast, embedded journeys via payment or platform partners.
• Higher headline limits than many direct MCAs.
• Fixed fee and percentage-of-revenue repayments with no fixed term.
• Optional revolving style facility, Flex Capital, for ongoing access to funds.

Cons of Liberis

• Usually accessed through partners, so availability depends on who you process payments with.
• Partner-specific eligibility rules vary and can feel opaque at first.
• Personal guarantees are requested from shareholders with 25%+ ownership.
• As with all MCAs, total cost can be higher than traditional unsecured business loans if you qualify.

‍

365 Finance vs Liberis the working capital numbers that matter

The charts below turn product pages into side-by-side numbers you can scan: amount ranges from 365 Finance and Liberis, application-to-cash speed drawn from Liberis FAQs and 365’s timelines, repayment share (% of takings) based on each provider’s descriptions, indicative payoff windows, and eligibility minimums grounded in the same pages. Metrics appear only when both lenders publish them, so you can benchmark fit for your sales profile without guessing.

‍

Costs and Repayments in Practice

Both lenders use a fixed fee model instead of an interest rate. You receive a lump sum. You repay the advance and the fee by sending an agreed percentage of each day’s card or online takings. There are typically no late fees, and repayments reduce during quieter trading periods. Because there is no APR, the best way to compare is by calculating the total repayable and how quickly that amount is likely to be paid off given your sales profile.

‍

Worked example: 365 Finance

Assume you take a £50,000 advance with a fixed fee of £6,500. The total repayable is £56,500. If your business averages £80,000 per month in card takings and you agree to repay 12% of takings, about £9,600 would be collected in a typical month. You could clear the balance in roughly six months. If takings fall to £50,000 in a slow month, your repayment falls to £6,000, extending the time to repay but easing cash-flow pressure. This is an illustration only. Real pricing and percentages vary by case.

Worked example: Liberis

Assume you take a £120,000 advance with a fixed fee of £18,000. The total repayable is £138,000. If your average daily revenue leads to £150,000 per month in card and online sales and your agreed repayment share is 10%, around £15,000 would be collected per month. You would finish in around nine months. If sales dipped to £90,000, about £9,000 would be collected and the facility would take longer to clear. Again, this is for illustration only; actual pricing and percentages are determined in your offer.

For a primer on this type of funding, see the UK government’s overview of merchant cash advances and an industry example of how fixed fees work. These explain why comparing total repayable and expected payoff time is key.

‍

Speed and Service

365 Finance advertises simple online applications and fast decisions, often within 24 hours, supported by a dedicated relationship manager. There is no security or business plan required in typical cases. Liberis, by contrast, is primarily embedded inside payment providers and software platforms. With pre-connected sales data, decisions can be fast and funding can arrive very quickly. Some partner journeys cite funding in as little as an hour.

‍

Who Each Lender Suits

Typical scenario for 365 Finance

You are a restaurant group, salon chain or retailer taking steady card payments. You want to smooth cash flow, renovate a site or buy stock before peak season. Traditional banking routes are slow or not available. A straightforward merchant cash advance suits, with repayments flexing with takings. You value a direct UK lender relationship and an uncomplicated offer.

Typical scenario for Liberis

You already process payments with a partner that offers Liberis. You are scaling e-commerce spend, adding a new van or refurbishing a site. You like quick, embedded journeys and you may need a higher limit than many direct MCAs offer. You also like the option of a revolving, always-on facility that behaves like revolving credit while still taking a small share of daily revenue.

‍

How to Apply

365 Finance: steps and documents

1. Check you have at least 12 months’ trading and £3,500+ monthly card takings.
2. Complete the online form. You usually do not need security, a business plan or complex forecasts.
3. Provide recent card processing and business bank statements if requested. 365 Finance assesses affordability from your sales.
4. On approval, the lump sum is paid to your account. Repayments start automatically as the agreed percentage of future card sales.

Use our quick overview of working capital loans if you are comparing other short-term options.

Liberis: steps and documents

1. Start within your payment provider or software platform that partners with Liberis, for example Opayo by Worldpay.
2. Connect your sales data if not already connected. The system calculates your indicative limit.
3. Review the offer, which shows the fixed fee, the total repayable and the repayment percentage.
4. Accept the offer. Funds can arrive very quickly through the embedded pathway. Repayments are collected as a percentage of daily revenue.

If you prefer a traditional fixed-term alternative, see our guide to unsecured business loans.

‍

Final Verdict: Which Lender Fits Your Business Best

Choose 365 Finance if…

• You want a direct UK lender and a simple merchant cash advance structure.
• Your business processes card payments steadily, and you value repayments that flex with takings.
• You need up to £500k and a quick approval inside roughly 24 hours.
• You prefer a single, all-inclusive cost with no APR and no fixed monthly instalments.

Choose Liberis if…

• You want embedded finance via your payment provider or software platform.
• You need a higher limit, up to £1m, or a revolving, always-on facility.
• You have strong card and online sales data and you want very fast access to funds.
• You like fixed-fee pricing with repayments taken as a percentage of daily revenue.

Conclusion. Both lenders can help UK SMEs that take card or online payments. 365 Finance is a good fit if you want a direct relationship and a straightforward MCA. Liberis is compelling if you already use a partner platform and want higher limits or embedded speed. If you would like help comparing real offers, speak to Funding Agent or send a brief via our enquiry form. We can help you model total repayable, expected payoff time and cash-flow impact before you commit.

‍

Sources

• 365 Finance - Merchant Cash Advance
• 365 Finance - How do you apply
• 365 Finance - Fast funding page
• Liberis - Explore Funding
• Liberis - Working Capital
• Liberis - Flex Capital
• Opayo Business Finance delivered by Liberis
• GOV.UK - Merchant Cash Advance overview
• Worldpay - Business cash advance explainer

‍