Upstart typically deposits loan funds into your bank account within one to three business days after you sign your loan agreement. In some cases, you can receive the money the same day you finalize the loan, but timing depends on when you sign, which lending partner you’re assigned to, and whether Upstart needs to verify any of your information.
The Standard Funding Timeline
Once you’ve been approved and you sign your loan agreement, Upstart initiates the transfer to your bank account. The general window is one to three business days, but same-day funding is possible if you sign before the daily cutoff time. That cutoff varies by lending partner, but as a rule of thumb, you’ll want to finalize your loan before 11:50 AM Eastern, Monday through Friday, to have the best chance of a same-day transfer.
If you sign after the cutoff, the funds transfer typically starts the next business day. From there, it still takes time for the ACH transfer to land in your account. Most people see the deposit within one business day of initiation, but your bank’s processing speed plays a role too.
How Weekends and Holidays Affect Timing
Business days are Monday through Friday, excluding federal bank holidays. If you sign your loan agreement on a Friday afternoon after the cutoff, the transfer won’t be initiated until Monday. If Monday is a holiday, it pushes to Tuesday. The same applies if your loan is accepted on a bank holiday: processing begins on the next business day.
This means a loan signed late on a Friday before a three-day weekend could take until Wednesday or Thursday before funds actually appear in your account. If speed matters, try to finalize your loan early in the week and well before the cutoff time.
What Can Delay Your Deposit
The one-to-three-day window assumes everything goes smoothly during the application and approval process. Several things can push the timeline out further before you even get to the signing stage:
- Document requests. Upstart may ask for supporting documents to verify your identity, income, or employment. Until you upload those and they’re reviewed, your loan won’t move to the signing and funding stage.
- Manual review. Some applications get flagged for manual review, which takes longer than the automated process. Inconsistencies in your application, such as an income figure that doesn’t match your documentation, are a common trigger.
- Incomplete information. If your application has gaps or conflicting details, Upstart will need clarification before approving the loan. Responding quickly to any requests keeps things moving.
- Off-hours submissions. Applications submitted outside normal business hours won’t be reviewed until the next business day, which can add a day to the overall timeline before you even reach approval.
The approval process itself can be very fast for straightforward applications, sometimes just minutes. But if verification is needed, the total time from application to deposit could stretch to a week or more depending on how quickly you provide what’s requested.
How to Get Your Funds as Fast as Possible
Have your documents ready before you apply. Recent pay stubs, bank statements, and a government-issued ID are the most common items Upstart requests. If you can upload them immediately when asked rather than a day or two later, you’ll shave time off the process.
Apply early in the week, during business hours. If you’re approved quickly, aim to sign your loan agreement before 11:50 AM Eastern to give yourself the best shot at same-day funding. Double-check that the bank account information you provide is correct, since an error there can delay or complicate the deposit.
Once the transfer is initiated, the remaining wait is largely up to your bank. Some banks make ACH deposits available the same day they arrive, while others hold them for a day. If your bank offers early direct deposit or faster ACH processing, that can shave off a few hours on the receiving end.