Goldman Sachs fuels SME finance provider Capify with £75m funding
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Goldman Sachs fuels SME finance provider Capify with £75m funding

Alternative SME finance provider Capify has secured a £75 million credit facility from Goldman Sachs to support its future growth plans in the UK.

The Greater Manchester-based fintech company will target SMEs through its merchant cash advance (MCA) and business loan products.

Pankaj Soni, executive director at Goldman Sachs Private Capital, says: “We have been impressed with the [Capify] management team, business model and innovative finance solutions for SMEs. We look forward to supporting their growth in the years ahead.”