365 Finance Approval Rate UK 2025: How to Get Approved

What 365 Finance Looks For

£10,000+ monthly revenue: Below this = automatic decline
9+ months trading: Newer businesses rarely approved
Stable/growing sales: Declining 20%+ = decline
Hospitality sector: Their specialty = higher approval for restaurants/pubs
Minimum £5k monthly card sales: Must process enough to repay

Common Decline Reasons

Reason #1 (35% of declines):

Revenue under £10,000/month. Solution: Wait until revenue grows OR try iwoca (£3k minimum).

Reason #2 (25% of declines):

Trading under 9 months. Solution: Wait 2-3 months OR try YouLend (6 month minimum).

Reason #3 (20% of declines):

Sales declining 20%+ month-over-month. Solution: Fix business first, apply when sales stabilize.

How to Improve Approval Chances

Wait until 9 months: 8 months = likely decline. 10 months = likely approve
Apply when revenue hits £10k: Don't apply at £9,500 - wait one more month
Choose right time: Apply after a strong month (£12k sales) not weak month (£8k)
Have 3 months statements ready: Fast response = faster approval
Be hospitality business: 365's specialty = higher approval vs other industries
Explain credit issues upfront: Honesty improves chances vs hiding past problems

Approval Rate by Business Type

Restaurants: 80% approval (their specialty)
Pubs/Bars: 78% approval
Hotels/B&Bs: 75% approval
Cafes: 72% approval
Retail: 65% approval (not their focus)
E-commerce: 60% approval (YouLend better)

What If You're Declined?

If 365 Finance declines you, try:

iwoca: Lower minimum (£3k vs £10k), higher approval rate (85%)
YouLend: Lower minimum (£8k vs £10k), good for e-commerce
Capify: Works with challenged credit, lower standards

Conclusion

365 Finance's 75% approval rate is good for hospitality businesses meeting their minimums (£10k revenue, 9 months trading). If declined, usually because revenue too low (try iwoca) or too new (wait 2-3 months).