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.
YouLend's products are simple, transparent and easily accessible providing clients with a healthy alternative to traditional banking products.
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.
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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.
To be eligible for finance with YouLend you would need to meet at least the following criteria:
However it's important to bear in mind that all applications are subject to their individual assessment.
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:
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.
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.
Compare YouLend and other merchant cash advance providers today.