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Small Business Loans

Looking to expand your business but struggling to raise the necessary funds? A Capify small business loan provides an excellent solution that can help you turn your plans into reality – whether they’re essential or ambitious. 

Our flexible financing options make it easy to get the money you need, when you need it, with repayment terms tailored to your business’s unique circumstances. 

Don’t let a lack of funding hold your business back. Contact us today to learn more about how our business loan can help you achieve your goals and take your business to the next level. 

Customer excited for the next stage of his business growth with the help of our small business loan

Check Your Eligibility

In just 2 minutes with no impact on your credit score.

All Credit Profiles Considered

We may be able to help when other lenders may not

Fast, Convenient Application

Receive your funds in as little as 24 hours

Access business finance with Capify in

3 easy steps

1

Check your eligibility in 2 minutes.

Easily check if your business could qualify for a Capify loan, with no impact on your credit score. If you’re eligible, you can complete your online application to get started

Get approved​

Every application is decided by our team of credit experts.
If approved, we’ll provide you with a formal lending offer and answer any questions you may have

2

3

Receive your funds in just 24 hours

Once you’ve accepted your offer, ran through any final checks and signed your agreement, we’ll release the funds into your business bank account

Why Choose Capify?

Over the past 15 years, we’ve helped thousands of businesses access the funding they need to grow and prosper. Many had previously been turned down by a traditional lender or asked to submit extensive applications before they would even be considered. 

Our lending is quick and straightforward. Just tell us about yourself and your business, and we can give you an instant decision. 

To qualify for a Capify small business loan, your business will need to:

– Have a monthly turnover of £10,000+

– Have been trading for at least 12 months

Fast and Convenient Funding

Get conditionally approved for a loan in just 90 seconds with our online eligibility checker, and funded in as little as 24 hours. There are no business plans or proposals to submit and no lengthy paperwork to complete. You can complete your online application quickly and easily in around 10 minutes.

Applications Assessed by People – Not Computers

Capify is not a bank and may be able to help you when a traditional lender might not. We look at different lending criteria and will consider all credit profiles, with every loan application decided by a human, not an algorithm.

Flexible Loans for Any Purpose

Get funding from £5,000 to £500,000 for any business purpose - from working capital or purchasing new equipment, to paying off your existing debts. Capify loans are repaid in small, manageable payments, rather than larger monthly repayments, to minimise the impact on your cashflow.

Small, Fixed Repayments to Manage Your Cashflow with Ease

Unlike a traditional lender, a Capify loan is repaid in regular instalments. This often makes it much easier to manage your cashflow than large, monthly repayments, or repayments which take a percentage of your daily turnover. Our team will work with you to create the best plan for your business.

Our unsecured business loan is the perfect way to get a quick cash injection.

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Improve cash flow

Pay your bills or suppliers. Buy stock with ease regardless of seasonality or unpaid invoices.

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Upgrade your business

Buy new equipment or renovate your store - Revamp your business!

Scale for growth

Hire more staff, invest in marketing or open a new store! Whatever your goals, we can help you reach them.

Tech & automation

Spend less time on the day-to-day admin and more time on the important things in life.

Tax bills

Unexpected tax payment due? Access funding quickly to settle any payments and avoid surcharges being added.

4 Simple Steps to get Funded in 24 Hours

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Apply online

Simple application with no credit check for pre-approvals.

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Talk to a human

Receive a solution tailored to fit your business needs.

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Minimum documentation

Get verified and approved quickly with minimum docs.

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Receive your funds!

Get cash straight into your account within 24 hours.

Sectors We Support

Here’s some of the main industries that we work with.
Whether you sell online or operate out of a physical premises, we could help your business to prosper.

Don’t worry if your business type isn’t listed.
Please contact us because we may still be able to help.

Small Business Loans

Small business loans come in all sorts of guises, depending on what you’re looking for. You can have a loan ranging anywhere from £5,000 to £500,000. Understanding the different specific types of small business loans offered is essential, however, so you can make a more informed choice about what’s right for you. As with anything, there are benefits and drawbacks with each loan type. It’s all about establishing what you need and then finding the right loan to suit you. To do that, though, you need an understanding of the most common small business loans.

Unsecured small business loans

An unsecured loan, or unsecured lending, as the name implies, requires you to put no collateral or security up to cover the loan in the event of you defaulting on your repayments. The primary benefit of this is, of course, that you can get approved that much quicker and you don’t risk losing your property if you can’t repay the loan. 

The downside is that because there’s no security on the loan, it’ll be considered a much higher liability – this means you’ll face restrictions as to how much money you can borrow, and over what time period.

Secured small business loans

A secured loan will require you to put up some collateral or security. This is something that you own with a value similar to the value of the loan. 

In the event of you defaulting on the loan, the property will be taken and sold to cover what you owe. The benefit of this is that secured loans allow you to borrow more money, and the loan is not considered so much of a liability.

The main drawback is that if you don’t make your payments, you will lose your collateral.

Small Business Loan FAQs

A small business loan is, unsurprisingly, a loan that is offered to small businesses. Small business loans differ from other loans because they’re tailored specifically to the needs of small businesses. So the rates available, as well as the repayment terms, are generally better suited to smaller businesses. They’re highly useful because they allow small businesses to easily unlock the financing they need to invest in stock, promotion, or business development – and they can also take the sting out of difficult financial periods.

The UK Companies Act 2006 defines a small business as any business with a turnover over under £6.5 million, a balance sheet not in excess of £3.26 million, and less than fifty employees

Our customers sit at the heart of everything we do and therefore it’s important that we make our products simple and accessible. We’re proud to have a team of dedicated professionals who can help guide e-commerce business owners through the process and find the best solution for them. For this reason, we’ve built a strong community of customers who come back to us time and time again.

We place a lot of emphasis on human communication over tech. Whilst we think that tech is important and delivers a fast process from application to receiving your funds, you’ll also have a dedicated point of contact who will always be available at the end of the phone if you’ve got a question. 

We have a team of real people who look over every single deal. Not every business is the same, so we believe that underwriting should be conducted on a case by case basis rather than using a ‘one rule fits all’ approach.

Small business loans come in all shapes and sizes to suit a wide variety of businesses in every industry you can think of. So if you’re a start-up, a franchise, you have poor credit, a sole trader or limited company, etc. – you’ll find a loan that is tailored specifically to your needs. Whatever your industry may be, from e-commerce to manufacturing, if your business needs a quick cash injection, small business loans may be the answer.

Some lenders may put specific restrictions on what a general small business loan can be used for if they offer more specific services for those needs. For the most part, however, a small business loan can be used for anything you need it to be. You can put the money towards new premises, or refurbishing your current one. You can bulk-buy stock to see you through a seasonal rush. You can invest in a vehicle for your business. Hiring new staff, or providing further training for any current staff is also an option. As is investing in new equipment. Small business loans can also see you through periods of financial difficulty, and keep your business buoyant when cash flow is limited.

The repayment terms are entirely dependent on the specifics of the loan you choose. It depends on the amount of money you want to borrow, and the rate of repayment that you’re able to comfortably afford. The more you can pay back, the shorter your repayment terms will be. It’s important to prioritise comfortably making the repayments, however, rather than making larger repayments. It’s better to take a longer repayment term you can actually afford than agree to pay back money every month you can’t afford.
Loans can be short, medium, or long term. Common short term loans might last for six months, medium loans eighteen months, and long term loans anywhere from three to five years.

Knowing which loan is right for you can be a struggle. Taking it as a given that you understand what you need from a loan, how can you know which kind of loan to apply for to achieve your goals? For that, you need to know a little bit about all the most common small business loans you’re likely to encounter. Knowing their benefits, and drawbacks will help you make the most informed choice possible.

An unsecured loan, or unsecured lending, as the name implies, requires you to put no collateral or security up to cover the loan in the event of you defaulting on your repayments. The primary benefit of this is, of course, that you can get approved that much quicker and you don’t risk losing your property if you can’t repay the loan. The downside is that because there’s no security on the loan, it’ll be considered a much higher liability – this means you’ll face restrictions as to how much money you can borrow, and over what time period.

A secured loan will require you to put up some collateral or security. This is something that you own with a value similar to the value of the loan. In the event of you defaulting on the loan, the property will be taken and sold to cover what you owe. The benefit of this is that secured loans allow you to borrow more money, and the loan is not considered so much of a liability. The main drawback is that if you don’t make your payments, you will lose your collateral.

If you have bad credit, certain lenders may offer loan packages just for you. The advantage of this is that you still get access to a potentially very helpful small business loan, even if you have some black marks in your financial history. The downside is that you will be considered a higher risk, so there will almost certainly be restrictions applied to the loan. You may also have to provide some evidence of how you intend to keep up the loan repayments. Read more about bad/adverse credit business loans

Limited company refers to the legal structure of the business, whereby the shareholders and management are distinctly separated. The benefit of being a limited company is that in the event of you defaulting on the loan, it’s the company that is liable for it rather than you as an individual. The disadvantage is that getting registered as a limited company can be a time-consuming process. So, if you’re not already a limited company you won’t be able to get access to your money as quickly as you might need it. Read more about Ltd. company loans.

Sole traders can still have employees, a sole trader is someone who is classed as both the owner and operator of their business – there is no distinction between ownership and management. The benefit of this kind of loan is that you can generally be approved quite quickly, as a sole trader is a much simpler business structure. Something to seriously consider, however, is that if you cannot make the loan repayments, you will still be liable for the debt – not your business as an entity. Read more about sole trader loans.

When a business needs money, it needs money fast. A quick small business loan’s main advantage is, of course, that you can get approved quickly and that you can get the money into your account sometimes in as little as one working day. The downside of this, however, is that you can only borrow so much money over a short term basis before the size of the repayments makes it an unrealistic prospect for most smaller businesses. Read more about quick small business loans.

All small businesses are different and operate in different ways. A flexible loan will offer you a wider selection of repayment options. Naturally, the main benefit of this is that you’ll be able to pay back the loan in a time frame that better suits your business. The drawback would be that it could mean you potentially repaying the loan over a longer period of time, ultimately accruing more interest. Read more about Flexible Small Business Loans.

Business loan calculator

Get an estimate of how much you might be able to borrow in under a minute.

How long do you want to lend over?

3 months

What is your monthly average turnover?

£ 10000

This calculator is for illustrative purposes only and is based on an example factor rate of 1.26. The factor rate offered to your business may vary based on your circumstances and loan terms. Processing and origination fees may apply. Repayments are collected by Direct Debit, meaning payments are taken on business days only.