Merchant Business Funding
Fast, flexible financing for when you need it most.
5 minute application
Flexible repayments
Fast approvals
How much do I qualify for?
Calculator
*Please note that this calculation is only an estimate. Unlock your true funding amount through our quick application process.
Advantages over a bank loan
Tailored to you
No business plans needed
No switching banks
Flexible top-ups
No collateral required
Clear pricing
Who is it for?
Take-Away/Food Shops
Bars & Restaurants
Hairdressing/Beauty
Car Mechanics/Repairs
Clothing/Retail
Flourists/Farm Stores
Hotels & Accommodation
Furniture/Lighting Retail
What Can You Use The
Business Funding For?
Most businesses require additional funding at some stage of their development. The funding can be used in any way you like to grow and improve your business. Common uses are as follows:
- Renovation
- Expansion
- Inventory/stock
- Equipment upgrade
- Website development
- Opportunity funding
- Emergency funding
- Marketing/training
- Trade Shows
Some eligibility
criteria can apply:
- Currently trading with a minimum 3 months of trading
- Minimum monthly card/online revenue required
- Some sectors excluded
Application Steps
Ready to grow your business?
Get started with a quick 5 minute application now.
FAQs
Merchants can use funding for any purpose, including cash flow, stock purchase, new equipment, hire staff, refurbishment, tax bills, etc.
1. Flexible repayments in line with cash flow
2. Fast decisions (24hrs if all required info provided)
3. High approval rate. (90%)
You must be a business currently trading and have been trading for a minimum of 3 months. Your business must accept card payments through your card machine and / or via an online eComm website.
If you know your monthly card payment turnover, this will give you an estimate to the size of funding you could receive. Typically, you can get funding that is equivalent to 100% of your monthly card turnover e.g. a monthly card turnover of €10,000 will equal €10,000 funding.
On receipt of your Business funding, the repayment process begins automatically. From this point on, whenever one of your customers pays you on card, a small percentage of that sale will go towards paying off your funding.
The flat percentage value is agreed before the point of funding and will stay the same regardless of the transaction value.
For example, if it’s 5%, it will be 5% of a €10 sale or a €1,000 sale. The repayment value flexes to the size of the transaction. This process will repeat until the funding is fully repaid.
It can be as quick as within 24 hours of YouLend receiving a complete application.
Typically within 2-14 working days of merchant signing contracts dependent on the acquiring bank.
Fixed fees from 3%, unique pricing per merchant – your precise quote will be offered on completion of application.
We are able to offer a buy out of advances from other MCA providers, merchant must be eligible for 2x their outstanding balance with current provider.
The ability to do this can be discussed during the application process.
Business Funding will typically take an average of 9 months to repay, but this may vary depending on the size of your funding and the frequency and; value of card transactions being paid to your business.
1. Complete Online Application – details will be submitted to our fund partner YouLend
2. Review & Approve – most applications are reviewed and approved within a few days
3. Receive payment