Alternative SME finance provider Capify secures £75 million credit facility from Goldman Sachs
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Alternative SME finance provider Capify secures £75 million credit facility from Goldman Sachs

Capify, a leading alternative SME finance provider in the UK, has secured a £75m credit facility from Goldman Sachs Private Capital (“Goldman Sachs”) to support its future growth plans and provide working capital to thousands of British SMEs over the coming years.

The Greater Manchester-based fintech company will use the new facility to accelerate the growth of its lending business to UK SMEs through its merchant cash advance (MCA) and business loan products.

Capify has been active in the UK since 2008, executing over 9,000 transactions for UK SMEs seeking working capital for their business. Since inception, Capify has helped deliver £150m in business loans and merchant cash advances in the UK.