Capify UK Limited is an alternative finance provider, established in 2008, specialising in unsecured working-capital facilities for small and medium-sized UK businesses. It offers business loans and merchant cash advances through an online platform. Capify may suit established SMEs needing quick access to funds without physical collateral. For more about alternative lenders and their services, see our alternative finance loans overview and Capify reviews.
Key Features of Capify
The lender offers several practical features designed to support business customers seeking speed and flexibility, with digital convenience and dedicated UK-based support.
- Fully online application portal with e-signature capability for ease of use.
- Automated capture of bank statements and card-sales data to speed up underwriting.
- Dedicated relationship manager for each borrower providing personalised support.
- Repayment schedules via daily or weekly direct debit to help budgeting.
- Revenue-linked repayments available for merchant cash advances, easing cash flow management.
Funding Eligibility
You may qualify for Capify products if your business has been trading continuously for at least 12 months and meets turnover or card sales thresholds. Most products require approximately £120,000 annual turnover or at least £5,000 monthly card takings for merchant cash advances. Applicants must be UK-registered businesses. For more on requirements, explore our business loan qualification guide and business eligibility information.
Loan Options
Capify provides unsecured business loans and merchant cash advances aimed at established UK SMEs. These products focus on quick funding and flexible repayment structures.
- Capify Business Loan: Amounts from £5,000 to £500,000, with repayment terms typically between 3 and 12 months. Representative APR ranges roughly from 8% to 39%. Requires at least 12 months trading and around £120,000 turnover. Repayments occur daily or weekly via direct debit.
- Capify Merchant Cash Advance: Advances between £5,000 and £500,000, capped at about 120% of average monthly card takings. Repayments are a fixed percentage of daily card sales with no fixed term, usually repaid over 6 to 12 months. Equivalent APR can range approx. 15% to 90%. Minimum 12 months trading and a steady £5,000+ in monthly card payments required.
How to Apply
The application process is digital and designed for speed, usually delivering decisions within 24 hours and funding within a day of approval. Required documentation facilitates swift credit assessment.
- Submit an online application form via Capify’s portal.
- Provide business bank statements, card-processing records (for cash advances), ID, and recent accounts or management information.
- Undergo telephone verification and electronically sign the contract.
- Receive funds directly into a UK business bank account, typically within 24 hours of approval.
Funding Agent’s view on Capify
Capify targets established UK SMEs that need quick, unsecured working-capital finance with flexible repayment patterns. The lender’s products suit businesses with consistent turnover, especially those requiring fast funding or adaptive, revenue-linked repayments. However, higher costs, relatively short terms, and eligibility restrictions may mean that some businesses could be better served by traditional banks or secured lending. For more on options, see our business loans and alternative finance loans guides or use the business loan calculator to compare costs.
