How Long Does YouLend Take? Timeline Guide
Complete YouLend timeline: 10 minutes to apply, 24-48 hours for decision, 24 hours for funding. Total 2-3 days from application to money in account.
Quick Answer
2-3 days total
- • Application: 10 minutes
- • Decision: 24-48 hours
- • Funding: 24 hours after approval
- • Total: 2-3 days from start to money
Detailed Timeline Breakdown
Day 1 - Monday 9am: Apply (10 Minutes)
- Visit youlend.com, click "Get Started"
- Enter business details (5 mins)
- Connect Shopify/Amazon/payment processor (3 mins)
- Authorize open banking access (2 mins)
- Total time: 10 minutes
Day 1 - Monday 10am-5pm: Automated Analysis (Hours 1-8)
- YouLend's algorithm analyzes your sales data
- Calculates risk score and funding amount
- Determines factor rate based on your profile
- You don't need to do anything during this period
Day 2 - Tuesday 10am: Decision Received (24 Hours)
- Email notification with offer details
- Amount, factor rate, daily deduction % shown
- Review terms (read carefully!)
- Accept or decline
Day 2 - Tuesday 11am: Accept Offer (5 Minutes)
- E-sign agreement online
- Authorize repayment deduction
- Total time: 5 minutes
Day 3 - Wednesday 11am: Funds Arrive (24 Hours After Acceptance)
- Money hits your business account
- Faster payment (same-day if accepted before 2pm)
- Total timeline: 50 hours (just over 2 days)
How to Make It Faster
- Apply Monday 9am: Get processed first, decision by Tuesday
- Use open banking: Faster than uploading statements (saves 6-12 hours)
- Respond to requests immediately: If they ask questions, reply within 30 mins
- Have documents ready: ID, proof of address, bank statements
Fastest Alternative: 365 Finance
If YouLend's 48 hours is too slow, 365 Finance offers same-day approval:
- Apply Monday 9am
- Decision by 2pm same day
- Funds Tuesday morning
- Total: 24-30 hours (vs YouLend's 48-72 hours)
Slowest Alternative: Funding Circle
Traditional term loans take longer but cost 60% less:
- Apply Monday
- Decision Friday (3-5 days)
- Funds following Wednesday (7-10 days total)
- But save £7k-£15k on £50k vs YouLend
Conclusion
YouLend takes 2-3 days total from application to money in account. This is middle-ground: Faster than Funding Circle (5-7 days) but slower than 365 Finance (24 hours).
Choose based on urgency: Need money today? 365 Finance. Can wait a week? Funding Circle (save 60%). YouLend is the balanced option.