Capify: Flexible Financing Solutions for UK Businesses

Capify offers fast, accessible funding options tailored for UK SMEs, including innovative Merchant Cash Advances (MCAs) and flexible Business Loans designed to support growth and manage cash flow.

➔

Merchant Cash Advance (MCA): Access funds based on future card sales. Repayments are flexible, adjusting automatically with your daily card takings. Ideal for retail/hospitality.

➔

Business Loans: Secure fixed-term loans typically from £5,000 up to £500,000 for various business needs, with clear repayment schedules.

➔

Fast Funding Decisions: Benefit from a quick online application process with decisions often made within 24-48 hours.

➔

High Approval Rates: Capify focuses on business performance and potential, often leading to higher approval rates compared to traditional banks, especially for businesses with fluctuating revenue.

Capify is a global fintech lender specializing in providing accessible and flexible finance solutions to small and medium-sized businesses. In the UK, they are particularly known for their Merchant Cash Advance (MCA) product alongside more traditional business loans, catering to SMEs that may find conventional bank lending challenging.

Merchant Cash Advance (MCA): Funding Based on Sales

Capify's MCA is an innovative funding solution ideal for businesses that accept card payments (e.g., retail, restaurants, hospitality). Instead of a fixed loan amount, Capify provides an upfront cash sum in exchange for a percentage of the business's future daily card sales. Repayments are automatically deducted as a small percentage of each card transaction until the agreed amount is repaid. This means repayments flex with the business's revenue – higher sales lead to faster repayment, while slower periods mean lower repayments, easing cash flow pressure.

Flexible Business Loans

Alongside MCAs, Capify offers fixed-term business loans, typically ranging from £5,000 to £500,000. These function more like traditional loans with set repayment schedules (often daily or weekly fixed payments) over terms usually ranging from 6 to 18 months. These loans are suitable for specific investments, expansion projects, or bridging larger financial gaps where a fixed repayment structure is preferred.

Focus on Speed and Accessibility

Capify prioritizes a fast and simple application process. Businesses can apply online quickly, and decisions are often made within 24-48 hours. They focus on the business's recent performance and potential rather than solely relying on historical credit scores, which can make funding more accessible for businesses with less traditional profiles or those recovering from past challenges.

Key Features of Capify Finance:

➔

Flexible Repayments (MCA): MCA repayments automatically adjust with daily card turnover, aligning with business cash flow.

➔

High Approval Rates: Focus on business performance often leads to higher approval chances compared to traditional banks, particularly for MCA products.

➔

No Assets Required (Typically): Both MCA and business loans are often unsecured, meaning business assets are not usually required as collateral. Personal guarantees may be needed.

➔

Dedicated Funding Specialists: Businesses receive support from funding specialists to guide them through the process and explain the options.

Streamlined Application Process

Capify's application is designed for speed:

➔

Quick Online Form: Start with a brief online application providing basic business and contact information.

➔

Document Submission: Typically requires recent business bank statements and, for MCA, merchant card processing statements.

➔

Fast Underwriting & Decision: Capify assesses the business's performance and provides a funding decision quickly, often within 1-2 days.

Supporting Business Potential

Capify provides a valuable alternative funding source for UK SMEs, particularly those in retail, hospitality, or service sectors with consistent card sales (for MCA) or established businesses seeking fast, flexible loans. Their focus on recent performance over historical credit scores can open doors for businesses declined by traditional lenders.

For businesses needing quick access to working capital or funding for specific projects, Capify's MCA and Business Loan products offer accessible and adaptable solutions.