When a merchant application is revoked or rejected, YouLend will provide the reason code in a webhook notification.
| Reject Code | Description |
|---|
| RJ001 | Affordability criteria not met |
| RJ002 | Affordability criteria not met |
| RJ003 | Affordability criteria not met |
| RJ004 | Affordability criteria not met |
| RJ005 | CCJs/Defaults found during Credit check |
| RJ006 | Does not meet minimum credit lending requirements |
| RJ007 | Does not meet minimum credit lending requirements |
| RJ008 | Does not meet minimum credit lending requirements |
| RJ009 | Not within Youlend's risk appetite |
| RJ010 | Could not conduct bureau search with details provided |
| RJ011 | Credit check criteria not met |
| RJ012 | Industry not supported |
| RJ014 | Did not meet online presence requirements |
| RJ015 | Other |
| RJ016 | Renewal unavailable at this time |
| RJ017 | Too early for the merchant to renew |
| RJ018 | KYC Checks |
| RJ018 | KYC Checks |
| RJ019 | KYC Checks |
| RJ020 | KYC Checks |
| RJ021 | KYC Checks |
| RJ022 | KYC Checks |
| RJ023 | KYC Checks |
| RJ024 | Partner Reject: Application Incomplete |
| RJ025 | Partner Reject: Unsupported Business |
| RJ026 | Partner Reject: Volume Trending Downwards |
| RJ027 | Partner Reject: Increased Chargebacks |
| RJ028 | Partner Reject: Other Adverse Event |
| RJ029 | Partner Reject: Technical Limitations |
| RJ030 | Partner Reject: Existing Financing |
| RJ031 | US only: Affordability criteria not met |
| RJ032 | US only: Affordability criteria not met |
| RJ033 | US only: Other |
| RJ034 | US only: Defaults found during Credit check |
| RJ035 | US only: Other |
| RJ036 | Rejected in Error |
| RJ037 | Rescinded in Error |
| RJ038 | Ineligible in Error |
| RJ046 | KYC Checks |
| Rescind Code | Description |
|---|
| RS001 | The customer did not want to proceed with the offered funding amount |
| RS002 | The customer did not want to proceed with the offered factor rate |
| RS003 | The customer was unable/unwilling to re-route |
| RS004 | The customer was not able to finalise the personal guarantee |
| RS005 | The customer did not want to proceed with the offered sweep |
| RS006 | The customer did not want to proceed with the offered repayment period |
| RS007 | Accepted funding elsewhere |
| RS008 | No longer requires funding |
| RS009 | Unwilling/unable to provide extra documentation |
| RS010 | Applied to enquire how much they could be eligible for |
| RS012 | Customer is unresponsive despite having been previously contactable. |
| RS013 | Customer is unresponsive to Broker |
| RS014 | Partner Revoke: Application Incomplete |
| RS015 | Partner Revoke: Technical Error |
| RS016 | Started another application |
| RS017 | Customer is unresponsive after multiple attempts at contact |
| RS018 | Customer no longer wants to be contacted by YouLend |
| RS019 | Customer does not want to proceed with current application but is still interested in future funding |
| Reason Code | Description |
|---|
| EL001 | Has recently been declined |
| EL002 | Application with other partner |
| EL003 | Existing customer with funding |
| EL004 | Test lead |
| EL005 | Incorrect legal entity |
| EL006 | Duplicate lead |
| EL007 | Wrong contact information |
| EL008 | Unsupported Card Sales |
| EL009 | Not enough PD provided (covering min 3 months) |
| EL010 | Not within Partner requirements |
| EL011 | Insufficient revenue for offer |
