Who are Youlend? 

YouLend is a lender operating in the UK, Europe and USA, providing businesses with access to revenue based lending. 

They are trusted by their customers, currently with a 4.9 TrustPilot rating and a renewal rate of 85%. They are FCA regulated. 

What funding products do Youlend specialise in? 

YouLend's products are simple, transparent and easily accessible providing clients with a healthy alternative to traditional banking products. 

 

Capital

YouLend’s “Capital” product works similarly to a merchant cash advance. This is a flexible, revenue based option allowing businesses to access cash when they need it and pay it back based on a percentage of their daily revenue. This reduces the impact on a business’ cash flow and allows businesses to focus on growing and developing their business instead of spending time and effort on finance worrying about fixed repayments.

Key details: 

  • Facilities range from £3,000 up to £1,000,000
  • A fast option for finance. With Capitalise’s integrated API with YouLend, you can get a funding decision instantly. You could also draw down on funds in as little as 48 hours from application
  • Repayments are proportional to your merchant terminal sales

 

Instant Payouts

An alternative option, YouLend’s “Instant payouts” product allows businesses to instantly get funds when they make a sale. This allows businesses to instantly ease their cash flow as and when they need it. Repayments are based upon a fixed interest rate which is agreed upon upfront. Repayments are made automatically, to make the process seamless. 

Who is eligible? 

To be eligible for finance with YouLend you would need to meet at least the following criteria:

  • £1,500 turnover a month in card terminal sales 
  • At least 3 months trading history 

However it's important to bear in mind that all applications are subject to their individual assessment. 

What can I use a YouLend loan for?

You can use a YouLend loan for any purpose you might have, as long as the funds are used for the business. For example, this could include:

  • Hiring new employees
  • Purchasing new stock
  • Invest in marketing 
  • Ease a cash flow gap
  • Fulfil a large order

How to repay a Youlend loan

If you opt for YouLend’s merchant cash advance loan, your repayments will be made as an agreed upon fixed percentage of your business’ sales. Repayments will be taken automatically each day. 

Key benefits of YouLend

  • YouLend offers flexible and sustainable business financing. 
  • The application and credit assessment process is 100% online meaning there is no need for a physical meeting.
  • You can get an instant funding decision 
  • After applying, you could access funds in as little as 48 hours. 

Compare YouLend and other lenders instantly

At Capitalise, we work with 100+ UK lenders, meaning you can easily compare YouLend to many other options available in the market. When you search for funding with Capitalise, we’ll match your business with the lenders most suited to your needs and you’ll be able to apply to up to 4 lenders in just one application for ease. With support from a dedicated funding specialist, you can compare all of your options to find the right solution for your business. 
 

insights from capitalise