About 365 Business Finance
Founded in 2013, 365 Business Finance specializes in merchant cash advances — a form of financing that aligns repayments with the daily card turnover of a business. This approach enables companies to access capital without the rigid terms of traditional loans.
Interview with Andrew Raphaely
Can you tell us about your journey into fintech and joining 365 Business Finance?
Andrew Raphaely: I’ve worked in financial services for over 20 years, and joining 365 allowed me to focus on making funding more accessible to small and medium businesses. Our mission is to empower entrepreneurs with smart, flexible finance.
What makes your funding model unique?
Andrew Raphaely: We don’t follow the traditional loan structure. Our clients repay a percentage of their daily card takings, which means repayments are aligned with their business performance — they pay less on quiet days and more when business is booming.
What role does technology play in your operations?
Andrew Raphaely: We rely heavily on fintech tools to streamline the application process and manage repayments. Our digital infrastructure allows us to offer same-day approvals and funding within 48 hours.
What are your future plans?
Andrew Raphaely: We plan to expand our tech stack, including AI-based risk analysis and open banking integration, to provide even faster and more tailored funding options.
Related Searches
- Merchant cash advance UK
- Flexible SME loans
- Fintech funding solutions
- 365 Business Finance reviews
FAQ: Merchant Cash Advances with 365 Business Finance
- What is a merchant cash advance?
- A lump-sum payment provided to businesses, repaid via a percentage of daily credit/debit card sales.
- How fast can funds be received?
- Typically within 48 hours of approval.
- Is there a fixed term for repayment?
- No. Repayments are dynamic and tied to the business’s daily revenue.
