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Check Eligibility

Who are Merchant Cash Advances for?

Looking to grow your business? Or just need a little extra working capital to keep your business moving? 

Our small business loans are available between £5,000 – £500,000 for almost any purpose.

We’re not a bank. Our lending criteria is different, and we look at more than just your credit profile.

Check your eligibility online in just two minutes, with no impact on your credit score, and you could receive your funds in as little as 24 hours.

How does the business loan work?

Unlike a traditional loan, Capify’s is paid back in very small amounts regularly. The repayments are completely automated so you don’t need to do anything. Many business owners love our regular payments, because they don’t have to save a large amount by a fixed date each month.

To be eligible for a business loan, you'll need to:

  • Turnover >£10,000 per month
  • Have at least 12 months’ trading records

The benefits of a Capify business loan

  • Raise from £5,000 - £500,000
  • Pay back little and often
  • No monthly lump sum
  • Opportunity to raise more funds

An MCA could be just right for your business

The Merchant Cash Advance is an innovative alternative finance product. It keeps repayments simple and manageable for small businesses, so you only repay what you can afford, with repayments set at a percentage of your card takings.

You might think the Merchant Cash Advance would be off-limits for some business owners, or that the eligibility criteria is strict, but it’s very achievable for all kinds of small businesses.

From limited companies to new startups, almost any business type can benefit from a Merchant Cash Advance, provided they use card terminals or ePOS systems, taking debit card and credit card payments from customers.

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Merchant Cash Advances for startups

Startups are young businesses doing something brand new and innovative. Their position as ‘industry disruptors’ doesn’t mean they’re unstable, businesses trading for 6+ months are often approved. The Merchant Cash Advance is a great way for startups to develop their product or service.

Merchant Cash Advances for franchises

Franchises are independent businesses in their own right, but based on an existing brand or business model. Different Merchant Cash Advance lenders have different eligibility criteria, but they’re often just as open to franchisees as any other type of business.

Merchant Cash Advances for companies with poor credit

Your business’ credit score can be the key to getting a great deal with low interest rates, or a barrier to getting approved in the first place. Merchant Cash Advance providers are usually more flexible than banks and other traditional lenders, so can be accessible for businesses with poor credit.

 

Raise from £3,500 to over £500,000

How much your business raises depends on its average monthly turnover, as well as what kind of growth projects you have planned. With Capify, you can raise from £3,500 to £500,000. For larger businesses with big projects planned, we can lend up to £500,000.

Merchant Cash Advances for different types of businesses

Merchant Cash Advances are available to all business types:

  • Limited companies
  • Sole traders
  • Partnerships
  • Charities
  • Limited partnerships

Merchant Cash Advances for different trades and industries

The Merchant Cash Advance is designed for businesses accepting credit and debit card payments, making it an ideal finance solution for lots of different sectors:

  • Pubs, bars, nightclubs, restaurants, cafés, and hotels.
  • Hairdressers, beauticians, and salons.
  • Off-licences, bakeries, florists, retailers, newsagents, and dentists.
  • Manufacturers, construction companies, and MOT garages.
 

How do repayments work?

Merchant Cash Advance repayments are affordable, manageable, and predictable. A small percentage of your business’ credit and debit card payments are taken as repayment, so you only repay when money comes into your business.

How to raise more funds

A small business’ needs are always changing, so you might need to raise more finance in the future for new developments. It could be expanding into a bigger premises, buying brand new stock, or hiring new staff.

 Whatever the future looks like, Capify can help you raise more finance when 60% of your existing Merchant Cash Advance has been repaid.

Who is Capify’s Merchant Cash Advance for?

We’re proud to work with all kinds of businesses in all kinds of situations. You don’t need to have a specific company formation, or near-perfect credit. Depending on your circumstances, we can provide finance for every type of business mentioned on this page!

Raise £3,500 to over £500,000 for your small business

The Merchant Cash Advance works with your cash flow, not against it. You’ll only make payments when money comes into your business, so you can be confident repayments are affordable.

It’s designed for small businesses accepting credit and debit card payments, like retailers, pubs, bars and restaurants, and all kinds of different company formations. You can even get approved if your credit is less than perfect!

You could raise £3,500+ for your small business with Capify’s Merchant Cash Advance, depending on your average monthly turnover.

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