365 Finance, a London-based SME lender, has secured a £150 million debt facility from Pollen Street Capital, enabling the company to increase its annual lending capacity to over £300 million. This partnership will also enhance 365 Finance’s ability to expand its lending operations to Irish SMEs through a dedicated euro-denominated line of credit.
Since its inception in 2014, 365 Finance has provided more than £500 million in funding to small and medium-sized enterprises (SMEs) across the UK and Ireland. The company, known for its rapid loan processing, offers businesses advances of up to £500,000, often disbursed within 24 hours of application. With a 50% annual growth rate since 2020, 365 Finance has proven its ability to scale quickly and effectively meet the capital needs of SMEs.
In a statement, Warren Abbey, CEO of 365 Finance, emphasized the company’s mission to provide flexible and accessible capital to small businesses. He noted that the new funding facility would leverage advanced technology and an automated lending platform to fulfill this goal. Abbey explained, “Our growing partnership with Pollen Street enhances our ability to deliver on our promise to empower small businesses.”
The partnership with Pollen Street Capital dates back to 2018. Adam Brown, CFO of 365 Finance, highlighted the importance of the facility in strengthening their funding capabilities and the positive impact it would have on SMEs, particularly in addressing cash flow challenges. Brown stated, “We are delighted to build on our long-standing relationship with Pollen Street, which continues to support our growth.”
Pollen Street Capital’s Partner, Michael Katramados, also expressed his satisfaction with the deepened relationship, emphasizing that the increased facility would enable continued support for UK and Irish SMEs. Katramados said, “We are pleased to build on our strong relationship with 365 Finance, helping businesses access flexible and timely capital.”
The £150 million debt facility marks a significant step for 365 Finance as it continues to expand its footprint and support SMEs in both the UK and Ireland.
This development comes at a time when SMEs are facing heightened challenges related to cash flow and economic uncertainty. With the ability to provide rapid, flexible loans, 365 Finance aims to play a crucial role in supporting business continuity and growth.
Sources:
- 365 Finance Press Release, 2025
- Pollen Street Capital
