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Sunday, October 12, 2025
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Unprecedented Demand for SME Funding From E-Commerce Businesses in North West

Ecommerce SME funding in the UK is experiencing unprecedented demand, especially across the North West. According to recent reports from 365 Finance, a surge in applications from online retail businesses is reshaping regional lending patterns.

Online businesses in the North West are securing much larger advances than their southern counterparts, reflecting the region’s growing digital economy and the impact of regional investment in tech hubs. The median advance approved for online businesses in the North West of the country has now increased by 483% year-on-year*, to an amount of £175,000.

Within the region there has also been an uplift in the number of advances applied for by e-commerce business owners, with the total advanced funding from 365 Finance having increased substantially. The average monthly card sales of the companies funded by 365 Finance in this sector is currently £110,000 – another significant increase and consistently higher than other sectors. As ecommerce continues to thrive, many small businesses are turning to ecommerce SME funding UK providers to access quick, flexible capital for growth.

Jagriti Singh, Head of Credit at 365 Finance, said, “The most rewarding thing for us as a responsible lender is to be able to truly facilitate the growth of SMEs across the country, and to support those businesses which are both entrepreneurial and reinventing themselves.

“We are finding that SMEs based up North are increasingly turning to revenue-based finance to bolster their businesses, to help with staffing costs, new equipment and systems, e-commerce platform development and digital infrastructure, along with the ongoing higher rent and rates. 

“The North West’s digital sector is currently experiencing unprecedented growth, with our data showing remarkable expansion in funding scale and frequency. The statistics show a real shift in the region’s digital economy.”

With demand showing no signs of slowing, the landscape for ecommerce SME funding in the UK is expected to evolve rapidly over the next 12 months. For funding of £10,000 to £500,000, all qualifying SMEs can apply online with 365 Finance knowing approval can be within 24 hours.

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