Need a new kitchen? Or looking to fund a new hire? We’ve partnered with YouLend, one of the UK’s leading alternative finance lending providers to offer your restaurant flexible funding to support your business’s growth.
Unlike a traditional bank loan, YouLend funding has a fixed fee and it is repaid as a pre-agreed percentage of your daily takings, so you always repay in line with sales.
With an approval rate is over 80%, and you will receive a fast decision; typically within 24 hours if all the correct documents are supplied.
The funding can be used for almost any business purpose, including cash flow, stock purchase, new equipment, staff hire, etc.
How does it work?
Funding is available from €500 up to €1million.
Once applied for online, typically YouLend will be able to provide an offer within 24 hours. No security is taken against your assets (but a personal guarantee is required). The total cost of funding will be clearly communicated up front as there is no interest, only a fixed fee (between 3-25%).
If successful, you will receive funding in your business bank account and then automatic repayments on your behalf will be taken as an agreed percentage from your daily card sales.
Who is eligible?
Partners who have at least 3 months trading and process €1,500 in monthly card sales, on average. You will also need to be actively trading on Just Eat, and a limited company or sole trader.
This business funding is Shariah-compliant and applying for a quote will not affect your credit rating.
How do I apply?
You should submit your application via the site here.
Each successful applicant will receive a personalised funding offer from YouLend.
Terms and Conditions apply. Funding is provided by and at the discretion of YouLend. Restaurant Partners must apply for this directly with YouLend. Neither Just Eat nor any subsidiary or affiliate company provides regulated lending, financial advice, recommendations, or brokerage services.
