Our decision-making process involves several factors, and as such, it's challenging to provide a precise set of criteria for when your business will become eligible for more funding.
Typically, eligibility for additional funding is linked to businesses that maintain consistent payments as per our projections and have repaid a significant portion of their existing funding or fundings. If you are currently repaying back your first YouLend funding then we can review the account for more funding when you are 60% repaid.
Please note that, when your business becomes eligible for additional funding, we will reach out to you directly or you will be able to make an application in the Dashboard. You can see how to check your eligibility by reading this article. Our agents can always check if you are eligible if you currently do not see the option.
If you have more than one funding to pay back, then we may potentially be able to offer more, please check the Dashboard to see if we can provide more funding.