YouLend’s broker channel has established a strong presence in Europe and recently bridged a successful deal in Poland to provide revenue-based financing to an online restaurant business that was looking to open its first physical outlet in Warsaw.  

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The merchant owned a very successful restaurant that offered tailored meal plans for their customers based on their dietary needs. The meals could be pre-ordered online and were extremely popular in Poland. Due to the business’s growth, the owner was now looking to open up a physical restaurant in the city center of Warsaw. She found the perfect spot right in the old town which suddenly became available. 

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However, to take advantage of the quick opening, the biggest business challenge the merchant faced was to secure the deposit for the land before it got sold to another buyer. 

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To overcome this hurdle, the Polish broker team was able to use alternative data points such as website visits and order volumes to track the health of the business and offer a funding amount of 200,000 PLN to the merchant within just 3 days of starting the application.

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YouLend’s flexible, revenue-based financing once again highlighted the importance of moving away from simplistic risk indicators such as operating history and singular revenue streams. Ultimately, YouLend’s funding deal is a clear indication of small to medium sized businesses wanting fast, flexible and affordable financing options that offer additional value than traditional lenders. 

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For more use cases at YouLend, read our latest blog on alternative finance for brokers, book a meeting with our team or reach out to introducers@youlend.com