Goldman Sachs Provides Nearly $100MM to Alternative Finance Provider Capify
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Goldman Sachs Provides Nearly $100MM to Alternative Finance Provider Capify

Capify, an alternative small business finance provider in the UK and Australia, has secured a £75 million (approx. $95 million USD) credit facility from Goldman Sachs Private Capital (Goldman Sachs) to support its future growth plans and provide working capital to thousands of Australian and British small businesses over the coming years.

The Greater Manchester, England and Sydney, Australia -based fintech company will use the new facility to accelerate the growth of its lending business to Australian and UK small businesses through its merchant cash advance (MCA) and business loan products.