GREATER MANCHESTER FINTECH SECURES £75M CREDIT FACILITY
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GREATER MANCHESTER FINTECH SECURES £75M CREDIT FACILITY

Goldman Sachs financing to give alternative SME finance provider capacity to meet increasing customer demand

FinTech firm Capify has secured a £75 million credit facility from Goldman Sachs Private Capital to support its future growth plans.

The alternative SME finance provider will use the financing to accelerate the growth of its lending business to UK SMEs through its merchant cash advance and business loan products.

Altrincham-based Capify has been active in the UK since 2008, executing over 9,000 transactions for UK SMEs seeking working capital for their business.