BFS Capital is a non-bank commercial finance provider founded in 2002, based in Florida, USA. It specialises in short-term working-capital funding for small and mid-sized businesses through unsecured loans and merchant cash advances. While it has served UK businesses via a previous subsidiary, it is not authorised or regulated by the UK Financial Conduct Authority and primarily operates within the US market. BFS Capital's offerings may suit established small and medium enterprises with strong revenue needing rapid access to funds rather than those seeking long-term, low-cost finance. For an introduction to unsecured business loans, see our unsecured business loans overview and working capital loans guide.
Key features of BFS Capital's finance products
BFS Capital provides flexible digital finance solutions with an emphasis on speed and automation. Its products suit revenue-rich businesses able to manage frequent repayments. Key features include:
- A fully online application and document upload process for convenience.
- Automated daily or weekly repayments aligning with business cashflow.
- Early payoff discount programme that can reduce total borrowing costs.
- Proprietary risk-scoring technology based on revenue analytics to assess eligibility.
- A customer dashboard to track balances and request additional draws digitally.
Funding eligibility criteria
You may qualify for BFS Capital finance if your business has a trading history typically ranging from 12 to 24 months and demonstrates consistent monthly revenue around £8,000 or more. Minimum credit score requirements and absence of recent bankruptcies or unsatisfied tax liens also apply. Specific eligibility conditions vary by product, with some excluding start-ups and certain sectors such as gambling or non-profits. For detailed qualification checks, visit our guides on how to qualify for a business loan in the UK and financing options overview.
Loan options offered by BFS Capital
BFS Capital provides three main types of finance tailored for short-term working capital needs. These include term loans, merchant cash advances, and a line of credit for specific clients. Each option has different terms, rates, and qualification rules as follows:
- Small Business Term Loan: Amounts from £4,000 to £420,000 with 4 to 18 months terms. Interest is priced via a factor rate of 1.10 to 1.45, corresponding roughly to a 19% to 50% representative APR. Repayments are automated daily or weekly. Requires at least 24 months trading and £8,000+ monthly revenue.
- Merchant Cash Advance: Ranges from £4,000 to £420,000 with 3 to 12 month terms linked to card sales volume. Factor rates range from 1.10 to 1.50 with fixed total repayment disclosed upfront. Available to businesses with 12+ months card processing history and £8,000+ monthly card turnover.
- Business Line of Credit (select legacy clients): Revolving limits between £8,000 and £200,000, with 6-month renewable draw periods and 12-month amortisation per draw. Monthly interest ranges from 2% to 4%, equivalent to 24% to 48% APR. Requires 24+ months trading, £10,000+ monthly revenue, and consistent profitability.
How to apply for finance with BFS Capital
The application process is digital and designed for quick decisions, usually within 24 hours if all documentation is provided. Funding may be released within 24 to 48 hours post approval. Applicants must submit key business documents electronically, including bank statements and tax returns.
- Complete the online application form with electronic signature and business details.
- Provide required documents such as six months of bank statements, recent tax filings, proof of ownership, and government-issued ID.
- Undergo assessment including a soft credit pull and revenue analysis, with decision typically returned within 24 hours.
- Sign contracts electronically to enable funding release within 1 to 2 business days.
Funding Agent's view on BFS Capital
BFS Capital fits established SMEs with strong, reliable revenue needing short-term working-capital finance and willing to manage daily or weekly repayments. Their unsecured loan and merchant cash advance products offer quick access to funds but come with factor-rate pricing often resulting in higher effective costs than traditional loans. UK businesses may face access constraints as BFS Capital is not FCA-regulated and no longer actively markets in the UK. Those interested should use our eligibility tool and explore alternative finance options to find the best fit for their needs.
