Youlend Funding
Partnered with Apt Payment, YouLend offers a distinctive opportunity to secure swift and adaptable funding precisely when your business requires it the most. Get additional finances that are repaid through your card machine or e-commerce platform.
- Access funding ranging from £10,000 to £1,000,000
- Swift funds within days
- Uninterrupted cash flow
- Expert team on hand for assistance
- Fixed percentage approach to repayments
Get a FREE Quote
Did you know your card machine setup makes borrowing easier? With our partner, you can get a loan in days, with a transparent repayment plan.
Arrange Funding Today
YouLend offers Business Finance solutions where funding is seamlessly repaid through your card machine or e-commerce platform. The repayment mechanism operates by allocating a predetermined percentage of each card transaction towards settling the advance. This fixed percentage remains constant irrespective of the transaction amount, ensuring a consistent and proportional repayment structure aligned with your cash flow.
Borrow £10,000 up to £1 million on a manageable agreement arranged around your business income.
How Our Partner Loans Work
- Application: Begin by submitting an application for Business Finance with YouLend, detailing your funding requirements.
- Approval: Upon approval, YouLend will assess and approve the requested amount based on your business needs and financial standing.
- Funding Transfer: Once approved, the agreed-upon funds will be swiftly transferred to your account.
- Repayment Structure: The unique repayment structure involves a fixed percentage of each card transaction being earmarked for repaying the advance. This percentage remains constant, providing predictability in your repayment plan.
- Card Transactions: As your business receives payments through card transactions, a proportionate amount is automatically directed towards repaying the Business Finance advance.
- Consistent Repayment: Regardless of the transaction value, the repayment percentage ensures a consistent and proportional flow, aligning seamlessly with your business’s cash flow dynamics.
- Ongoing Support: YouLend provides ongoing support, ensuring a transparent and manageable process throughout the repayment period.
By integrating this Business Finance process from YouLend, your business can benefit from a streamlined and flexible financial solution that adapts to your unique cash flow patterns.
Flexible Funding Options
Through our partnership with Youlend, there are two different options of loans to choose from.
Cash Advances
- Flexible Funding: Cash advances provide businesses with flexible financing options
- Card Transaction Basis: The funding relies on the business’s card transactions
- Versatile Usage: Businesses can use the cash advance for various needs, including recruitment, refurbishment, stock acquisition and expansion
Business Cash Advances
This option provides a type of loan for businesses with a fixed maturity date. Repayment happens through the great of:
- a fixed percentage of the merchant’s card takings
- a weekly minimum amount, whichever is greater
This loan is only available to incorporated entities, such as private limited companies, public limited companies, limited partnerships, and partnerships where 2/3 of the partners are incorporated entities.
The credit given to the merchant is strictly for business purposes.
The loan agreement is not subject to regulations and legal protections applicable to consumer credit or regulated mortgage contracts.
The Benefits
How does our partnership benefit you and your business?
- Tailored Unsecured Funding: Access £10,000 to £1,000,000 for businesses with minimal assets but substantial card transactions
- Flexible Repayment Aligned with Earnings: Repay based on cash flow, linked to future card sales with an agreed percentage
- Rapid Funding Process: Expect funds in 1-7 days with a seamless application-to-funding process
- Transparent and Trackable Financing: Real-time online tracking for full transparency in the repayment process
- Cost Clarity and No Hidden Fees: Clear and straightforward financing with no hidden fees, late payments, or undisclosed costs
- Effortless Renewal Options: Over 80% of customers seamlessly renew funding, ensuring an easy renewal process
FAQ
What are the requirements for applying for funding from YouLend?
To qualify for funding from YouLend, your business must have a trading history of at least three months. Additionally, you should be currently accepting card payments, whether through a physical card machine or online using an e-commerce payment gateway. Youlend works with all major card companies including Worldpay, Barclaycard, global, Paymentsense, dojo, Evo, trust, Sumup, Zettle, PayPal, square, Elavon, clover, Card Net, Paypoint, First Data, and Amazon. If your business does not use one of these, alternative options may be considered, but you will need to reach out to YouLend for further information. It is essential to maintain a minimum monthly turnover of £1,500 in card transactions to meet the eligibility criteria for funding.
What is the maximum funding amount available?
The maximum amount of funding available is £1 million.
What is the process for repaying my cash advance?
The repayment process for your cash advance is seamless, as it is automatically deducted from your card revenue. Every time a customer makes a card payment, whether through your card machine or e-commerce platform, a predetermined fixed percentage of that transaction is allocated to repay the advance. This agreed-upon percentage remains constant, irrespective of the transaction value, ensuring a consistent proportionate repayment aligned with your cash flow. This repayment mechanism persists until the entire advance is settled.
Location
© 2023. AptPay is a trading name of APT BUSINESS CONSULTANTS LTD, registration number: 12781495 acting as an intermediary of the card payment provider and financial company. AptPay is not liable for any email correspondence, and email correspondence will not be binding legally, please seek independent advice. The registered address is 13 Hanover Square, Mayfair, London, W1S 1HN
Important Notice: We exclusively provide unregulated finance solutions to limited companies incorporated in the UK. We do not offer regulated financing. For more information, please contact our customer support team.