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Check Eligibility
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Menu
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    • Small Business Loans
    • Merchant Cash Advance
  • About
    • About Us
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How does a merchant cash advance work?

Access loan funding from £5,000 to £500,000 in as little as 24 hours for almost any business purpose. Check your eligibility online in just two minutes:
Check Eligibility

With no impact on your credit rating

Online Eligibility Checker

Get conditionally approved in just 2 minutes with no impact on your credit rating.

All Credit Profiles Considered

We may be able to provide funding when other lenders may not.

Fast, Straightforward Application

Receive your funds in as little as 24 hours.

Fast, straightforward funding for your small business

Whether it’s an unexpected bill or broken equipment that urgently needs to be replaced, we’re here to help you access cash quickly.

Our application is fast and simple, meaning you could receive the funds in your bank account in as little as 24 hours.

Unlike a bank loan which can often take several days or even weeks to approve, there is no lengthy paperwork to complete or business plans to submit.

You can get pre-approved for a Capify small business loan using our eligibility checker, so you can get the quick funding you need to keep your business moving.

Check Eligibility

To quality for a Capify business loan, you must be a:

  • Have a trading history of 12 months+
  • Have a monthly turnover of £10,000+

Thousands of Businesses Funded

We're rated "Excellent" on Trustpilot

Borrowing Capacity

Funding available from £5,000 to £500,000

Get Approved Quickly

Same day approvals & funding possible in 24 hours

Unsecured Business Loans Available

No assets or security required

Minimum paperwork

Complete your application online or by phone in as little as 10 minutes

Easy Repayments

Fixed regular repayments that are easy on your cash flow

Simple Renewal Options

Options for additional funding once you've paid off a percentage of your loan

Thousands of UK Businesses Funded

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4 Simple Steps to Get Funded in 24 Hours

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Apply online

Simple application with no credit check for pre-approvals.

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Minimum documentation

Get verified and approved quickly with minimum docs.

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Talk to a human

Receive a solution tailored to fit your business needs.

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Receive your funds!

Get cash straight into your account within 24 hours.

Get Started Now

Understand what factors affect eligibility when it comes to small business loans

Small business owners are always busy. Busy growing, busy keeping their customers happy, and busy looking for a small business loan that works for them!

It can be tricky for small businesses to find the right loan. Different banks and finance providers have different eligibility criteria. Some are stricter than others, and some offer better terms and perks than others too.

While you’re looking at your business finance options, it’s important to consider what the application will involve and how likely you are to be approved. The more doors open to you, the more choice you’ll have when it comes to how much you raise, and how the repayments will work.

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Knowing how much to borrow

Think about the purchases you want to make for your businesses – this is the best place to start. Remember, it’s harder to budget for a renovation project, because costs can come out of nowhere. However, a piece of equipment or technology will have a fixed price, so this is a bit easier to plan.

The larger the figure you want to borrow, the tougher it could be to get it from a lender. It will all depend on your average turnover and how much you can comfortably afford to repay.

 

A great short term finance option

Short term finance is exactly what it sounds like. You raise an amount, then pay it back over a fairly short period to clear the debt faster. This often works for small businesses keen to grow quickly, because they want to get the repayments out of the way.

A short-term loan means you can raise more cash quickly too. With Capify, you can take out a new Merchant Cash Advance once you’ve repaid 60% of your original finance agreement.

Choosing the right type of lender

There are a few Merchant Cash Advance lenders to choose from, and they all offer something a little bit different. The core product will be the same, but repayments might take longer, have different interest rates, or different terms and conditions.

To make sure you choose the best Merchant Cash Advance for your business, look at the different options in detail.

Getting approval from lenders

Different lenders have different eligibility criteria. Generally though, they’ll review your business’ credit report if you run a Limited Company, and your personal credit report if you’re a sole trader.

To get approval, you need to have a reasonably consistent business and payment history. Lenders like to see you’ve been in business for a while, can keep up with existing bills and loans, and have a healthy turnover.

 Remember! If your application is turned down by a particular lender, it can have a negative impact on your business’ overall credit score. If you can, always check eligibility with a ‘soft search’ first.

Repayment terms for Merchant Cash Advances

All Merchant Cash Advances will have the same repayment model – a small percentage of your card transactions is taken as payment. There can be some small differences though, including interest rates, how long payments will be taken for, and when you can raise more finance.

Your business’ credit history

Your credit score is based on how well you’ve kept up with bills and payments on other credit accounts. It paints a picture of how reliable you are, and how much of your business’ monthly or annual income is already tied up in other repayments.

Do you need a guarantor or security?

Some lenders will ask for a guarantor, who will agree to support your Merchant Cash Advance application. They’ll be responsible for making repayments if your business can’t. Some lenders will ask for security instead, which could be a vehicle or valuable piece of equipment that belongs to your business.

We only get paid when you do

The Capify Merchant Cash Advance could help you grow your business and attract more customers. It’s designed for small businesses accepting credit and debit card payments, like retailers, pubs, bars and restaurants.

Your small business could raise £5,000 to over £250,000, depending on your average monthly turnover. The daily repayments are designed to work with your cash flow, not against it, making it a truly flexible finance option.

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Capify is a trademark licensed to United Kapital Limited (company registration number 06575165), Capify Uk Limited (Company Number 10183728) and Capiota Limited (company registration number 08080805), each registered in England and Wales with offices Station House, Stamford New Road, Altrincham, Cheshire WA14 1EP.