Capify vs Merchant Money Business Cash Advance Comparison 2026

Capify provides UK small business loans directly to limited companies, with information about loan amounts, eligibility criteria and application steps available on its small business loans page and eligibility guide. Momenta Finance, the trading name of Merchant Money Ltd, offers business loans and a business cash advance product, with headline details set out in its Business Cash Advance product sheet and wider product guide. Both lenders position themselves as flexible funding providers for established UK SMEs, but their products and risk appetites differ in important ways. This comparison looks at how Capify and Merchant Money Business Cash Advance, via Momenta Finance, compare on products, costs, service and suitability, based solely on verifiable information as of 2025 to 2026.

1. Products and terms at a glance

Capify

Capify is a direct UK business lender offering small business loans to limited companies registered in the UK. Its core offering is an unsecured-style business loan, although security and guarantees can vary, with amounts and terms tailored case by case according to Capify's small business loans overview. Eligibility criteria published on Capify's eligibility page state that applicants must operate a UK-based limited company, have been trading for at least 12 months and process more than £10,000 per month in card or bank transactions. Capify indicates that it can provide funding from £5,000, with upper limits and terms determined by business performance and affordability according to its business loans explainer, although specific maximum amounts and term lengths are not fixed in public materials and therefore vary.

Capify describes its loans as flexible with regular repayments that are agreed in advance, typically collected daily or weekly via direct debit as set out in its FAQs. The lender emphasises that loans are designed for working capital, stock, refurbishment and similar business uses, not consumer borrowing, again based on its product page. Full contractual terms are contained in facility agreements issued at offer stage; generic website terms and conditions are available on Capify's website terms page, but do not set headline loan parameters.

Merchant Money Business Cash Advance via Momenta Finance

Merchant Money Ltd trades as Momenta Finance and is listed as offering business cash advances alongside business loans and invoice finance on its Business Cash Advance product sheet and its 2024 product guide. These documents explain that a business cash advance is structured as an upfront lump sum advanced to the business, repaid via a fixed percentage of future card takings, so repayments flex up or down with revenue. The product sheet notes that eligibility typically requires monthly card turnover of at least £30,000 and that the business must be a UK limited company, with detailed criteria set out in the PDF guide.

While the documents describe merchant cash advance as distinct from a standard business loan, both are provided by the same legal entity, Merchant Money Ltd trading as Momenta Finance, as clarified in its product guide. Specific maximum advance amounts, fee structures and factor rates are not fully disclosed on the public PDFs and therefore vary by case. Third party summaries like Merchant Savvy's merchant cash advance lender comparison confirm Momenta Finance as an active UK merchant cash advance provider, though detailed pricing is still set on a bespoke basis according to the business profile.

Product structure comparison

• Capify offers a fixed-term business loan, repaid via regular instalments that are pre-agreed, according to its FAQ section.
• Merchant Money Business Cash Advance via Momenta Finance provides a card-sales-linked advance, where repayments are taken as a share of card transactions rather than a fixed instalment, as described in its business cash advance product sheet.
• Capify publishes clear eligibility thresholds around trading history and turnover, while Momenta Finance sets a higher card turnover expectation for its business cash advance product, also based on the same product sheet.
• Specific maximum amounts, terms and security requirements for both lenders vary and are assessed individually, which is supported by Capify's statement that rates and terms are tailored to the business on its FAQs and Momenta Finance's note that product parameters depend on risk assessment in its product guide.

2. Costs and repayments in practice

Transparency of pricing

Neither Capify nor Momenta Finance publishes a detailed public rate card for every scenario, and both indicate that pricing varies depending on turnover, credit profile, industry and term.

Capify states in its FAQ section that the interest rate and total cost of credit are based on factors including trading history, business performance and loan amount, and that indicative terms are provided after an initial assessment rather than via a fixed tariff, according to the Capify FAQs. Momenta Finance's Business Cash Advance product sheet explains that the cost is presented as a pre-agreed total amount to repay on the advance, with the repayment percentage and duration linked to card takings, but it does not specify standard factor rates or APRs and notes that pricing is bespoke, as set out in its BCA product sheet.

Fees and additional charges

Capify indicates that there may be origination or arrangement fees and that early repayment may reduce interest but can be subject to minimum cost provisions, although the precise structure is not detailed publicly and therefore varies, based on wording in its loans explainer. Momenta Finance similarly notes that the total repayable on a business cash advance is agreed upfront and that, because repayments flex with card takings rather than time, early repayment mechanics are different from a standard loan, according to its BCA sheet. Since neither lender publishes a full schedule of administration, default or late payment charges, these should be considered varies and confirmed in the individual facility agreement.

Illustrative comparison table

The table below uses illustrative figures to show how repayment patterns can differ between a fixed-term loan and a card-linked advance. These are not quotations or actual lender rates; real pricing from Capify and Momenta Finance varies and is subject to underwriting.

Worked example 1: Stable revenue business

This example is illustrative only. Actual lending decisions and pricing by Capify or Momenta Finance will vary.

• Business: Retailer with predictable card and bank takings of £80,000 per month.
• Borrowing need: £60,000 for stock and minor refurbishment.
• Option A: Fixed-term business loan from Capify.
• Option B: Business cash advance from Momenta Finance.

Assume for illustration that Option A is structured as a £60,000 loan over 18 months with equal daily repayments. Ignoring weekends to keep the illustration simple, that would translate into around 390 repayment days. A flat daily repayment to clear £60,000 capital over 390 days would be roughly £154 per day before interest and fees. Daily cash outflow is fixed, so in months when revenue is £80,000 the repayment remains about £3,300 to £3,500 per month depending on the exact calendar structure. This matches Capify's description that repayments are regular, agreed instalments via direct debit based on its FAQs.

Assume instead that Option B is a £60,000 business cash advance where Momenta Finance agrees to take 12 percent of card takings until a pre-agreed total is repaid. If monthly card takings average £80,000, then 12 percent equates to £9,600 per month going toward the advance. In stronger months at £100,000 card takings, the repayment would increase to £12,000, while in weaker months at £60,000 the repayment would reduce to £7,200. This aligns with Momenta Finance's explanation that repayments flex with turnover via a fixed percentage of card sales, as outlined in its product sheet. The time to repay therefore varies; the more card revenue the business generates, the faster the facility is repaid.

Worked example 2: Seasonal business

Again, this is an illustrative comparison rather than a quotation. Real terms from either lender would differ and are subject to underwriting.

• Business: Hospitality firm with strong summer trade and quiet winters.
• Borrowing need: £40,000 to refurbish premises before peak season.
• Monthly card takings: £120,000 in peak months, £50,000 off-peak.
• Option A: £40,000 fixed-term loan via Capify over 12 months.
• Option B: £40,000 business cash advance via Momenta Finance with card-linked repayments.

If Option A is a 12-month fixed-term facility, the business could face a constant monthly repayment that incorporates capital and interest. For illustration, suppose the total repayable was £48,000, then monthly payments would be around £4,000. During off-peak months at £50,000 revenue, £4,000 would be roughly 8 percent of turnover, whereas in peak months at £120,000 it would be closer to 3.3 percent. The repayment burden is proportionally heavier in slower months, reflecting the fixed-instalment nature described in Capify's FAQ materials.

If Option B is a business cash advance with a 15 percent card-takings repayment share, the monthly amount would automatically adjust. In peak months, 15 percent of £120,000 is £18,000 so the advance would be repaid quickly, potentially within a few strong trading months. In off-peak months, 15 percent of £50,000 is £7,500, lowering the cash impact compared with peak, as per the flexing repayment profile described on Momenta Finance's product sheet. The trade-off is that the total time and cost to repay will depend on actual turnover and the agreed total repayable amount, which varies.

3. Speed and service

Application and decision speed

Capify notes that its online eligibility checker can provide an indicative view in minutes and that completed applications can be processed with funding as quickly as the same day in some cases, according to its business loans explainer. It does not guarantee a fixed approval or payout timeline, and therefore real speed varies with application complexity and documentation readiness.

Momenta Finance's public product guides focus more on eligibility and structure than explicit approval timelines. The Business Cash Advance product sheet lists typical documentation, such as bank statements and merchant statements, but avoids quoting set timeframes, so in the absence of precise figures it is reasonable to state that decision and funding times vary, based on its BCA product sheet. Independent overviews like Rangewell's Momenta Finance summary describe Momenta Finance as a fast funding provider, but still do not guarantee specific approval times.

Customer support and channels

Capify offers phone and email support, and its contact details and opening hours are given on its contact page. Additional self-service information is available via its FAQ section and blog resources. Momenta Finance provides support through phone and email contact information listed in its PDFs and on its website, and outlines how brokers and direct customers can engage with its team in its product guide. It does not publish a dedicated web-based FAQ for the business cash advance product, so most detail is captured in downloadable documentation.

Complaints and regulatory context

Capify describes its complaints process and escalation routes, including referral to the Financial Ombudsman Service for eligible complainants, within its customer documentation and through references in customer communication, although a standalone complaints policy is not prominently linked on public pages as of early 2026, so specific handling times and steps vary. Trustpilot reviews on Capify's Trustpilot profile provide insight into customer experiences but are subjective and do not substitute for official policy.

Merchant Money Ltd trading as Momenta Finance is listed as a lender in recovery loan scheme data and UK business finance directories, confirming its role as a regulated business finance provider, according to British Business Bank performance data. Complaints procedures are referenced in its formal product and legal documentation rather than a detailed web page, and as with Capify specific timescales and methodology are not fully laid out in public site content, so the exact process varies and should be checked in the facility agreement.

4. Who each lender suits

Capify

According to its eligibility criteria, Capify is focused on established UK limited companies that have been trading for at least 12 months and that process at least £10,000 per month in card or bank transactions, as set out on its eligibility page. This suggests that very early-stage startups or sole traders may not qualify. Capify highlights typical use cases like investing in stock, marketing, refurbishment and managing cash flow gaps in its small business loans overview.

Because repayments are regular and pre-agreed, Capify may be more suitable for businesses with reasonably predictable cash flow and the ability to budget for fixed daily or weekly repayments. This fits with the explanation in Capify's FAQs that repayment structures are arranged in advance and collected automatically.

Merchant Money Business Cash Advance via Momenta Finance

Momenta Finance positions its business cash advance for businesses that take a significant share of revenue via card payments, typically in sectors such as retail, hospitality and leisure, according to its BCA product sheet. The product sheet specifies a minimum monthly card turnover of £30,000 and indicates that the business must be a UK registered limited company, which generally rules out micro businesses and firms with low card usage.

Because repayments are set as a percentage of card takings, a business cash advance may be more aligned with firms whose revenue is seasonal or volatile. In such cases, repayment naturally reduces in quieter months and increases in busier periods, matching the repayment behaviour described in Momenta Finance's documentation. However, since the total amount to repay and the percentage share are fixed upfront, businesses with consistently high card sales may find that the facility repays faster but at a higher effective cost than a longer, lower-rate term loan, a trade-off that needs case-by-case assessment.

5. How to apply

Capify application journey

Capify outlines its application process on its small business loans pages. Prospective borrowers typically start with an online enquiry or eligibility check, providing basic information about the business, turnover and funding need, according to its product page. Capify then requests supporting documents such as recent bank statements and accounts, and conducts credit and affordability assessments, as explained in its loans explainer.

If the business is approved, Capify issues a formal offer outlining the loan amount, total repayable, repayment frequency and any fees. The funds are released after acceptance of the agreement and completion of any required checks. Capify notes that it can fund quickly for simple cases but does not commit to a fixed timescale, so exact timing varies, based on its guidance.

Merchant Money Business Cash Advance via Momenta Finance application journey

Momenta Finance explains in its Business Cash Advance product sheet that applications involve providing details of the business, merchant acquirer, card turnover and recent trading history, with documentation typically including recent bank statements and merchant statements, according to its BCA sheet. The lender uses this information to assess the stability and volume of card takings and to set an appropriate advance size and repayment percentage.

Once underwriting is complete, Momenta Finance issues a facility agreement setting out the advance amount, the total amount to be repaid and the card-takings percentage that will be collected. Integration with the merchant acquirer or payment provider is then arranged so that the agreed share of card takings is automatically diverted to repay the advance, as outlined in its product sheet. As with Capify, no standard approval or payout timeline is publicly guaranteed, so the real speed of funding varies.

6. Final verdict

When choosing between Capify and Merchant Money Business Cash Advance via Momenta Finance, the core decision is often about repayment structure and revenue profile rather than headline marketing alone. Capify's business loan product is aimed at UK limited companies with at least a year of trading history and a minimum level of monthly turnover, and it offers a predictable instalment schedule that can be easier to plan around if revenue is relatively stable, as outlined on its eligibility page and FAQs. Momenta Finance's business cash advance, conducted under the Merchant Money Ltd entity, is intended for larger card-taking businesses that want repayments to flex with sales rather than stay fixed, according to its BCA product sheet.

Because neither lender publishes comprehensive rate tables or standard fees, and third party comparisons confirm that costs vary by case, borrowers should treat all pricing as bespoke and weigh total repayable amounts, contract terms and security requirements carefully, using quotes from both lenders where eligible. Secondary reviews like Swoop's Capify lender review and merchant cash advance comparison guides corroborate that both providers are active in the UK SME finance market, but they also highlight that actual cost and suitability depend on the specific business.

Ultimately, the better option depends on whether the business values predictability or flexibility, how much of its revenue runs through card terminals, and how comfortable it is with the trade-off between total cost and repayment pace.

Choose Capify if:

• You meet Capify's minimum eligibility of a UK limited company with at least 12 months trading and more than £10,000 monthly turnover as set out on its eligibility page.
• Your business prefers fixed, predictable repayments via direct debit that are easier to budget for.
• You want a conventional term loan structure for working capital, stock or refurbishment.
• Your card takings are moderate or you rely heavily on bank transfers rather than card payments.

Choose Merchant Money Business Cash Advance via Momenta Finance if:

• Your business is a UK limited company with strong card takings at or above the £30,000 per month benchmark stated in Momenta Finance's BCA product sheet.
• You want repayments that flex automatically with sales, reducing outgoings in quieter months.
• You are comfortable with a pre-agreed total repayable that may clear quickly in strong periods.
• You operate in card-heavy sectors like retail, hospitality or leisure where merchant cash advance structures are common.

7. Sources

• Capify small business loans overview
• Capify business loan eligibility criteria
• Capify understanding business loans explainer
• Capify FAQs
• Capify contact information
• Capify Trustpilot reviews
• Momenta Finance Business Cash Advance product sheet
• Momenta Finance product guide 2024
• Merchant Savvy merchant cash advance lenders comparison
• Rangewell Momenta Finance lender overview
• British Business Bank RLS performance data including Merchant Money Ltd trading as Momenta Finance
• Swoop Funding Capify lender review
• BusinessFinancing.co.uk merchant cash advance comparison 2026