1300 760 930 Customer Login
Login

Capify and the Australian Finance Industry Association

Have funds in under 24 hours and access up to $300k

Get Started

Australian Finance Industry Association

AFIA with Capify is financing Australian Small Business

Capify helping financing Australia’s future with AFIA

The Australian Finance Industry Association or commonly know as AFIA is the voice of a diverse Australian finance sector.

AFIA has over 130 members operating nationally as financiers in the consumer and commercial markets. AFIA supports the businesses and brands that enable Australians to achieve success by Financing Australia’s Future.

The Australian Finance Industry Association, AFIA deliver key strategic objectives of representation, insights and connectivity to drive a fair, sustainable and competitive market.

AFIA can influence change that has a positive impact on our industry and enable your customers to access the finance they need.  AFIA represents all segments, products and distribution channels across our sector, exponentially enhancing AFIA’s influence and ability to grow, support and promote the finance industry.

Capify helping financing Australia’s future with AFIA

The Australian Finance Industry Association or commonly know as AFIA is the voice of a diverse Australian finance sector.

AFIA has over 130 members operating nationally as financiers in the consumer and commercial markets. AFIA supports the businesses and brands that enable Australians to achieve success by Financing Australia’s Future.

The Australian Finance Industry Association, AFIA deliver key strategic objectives of representation, insights and connectivity to drive a fair, sustainable and competitive market.

AFIA can influence change that has a positive impact on our industry and enable your customers to access the finance they need.  AFIA represents all segments, products and distribution channels across our sector, exponentially enhancing AFIA’s influence and ability to grow, support and promote the finance industry.

In June 2018, a group of leading online lenders, inluding Capify signed the Australian Finance Industry Association Online Small Business Code of Lending Practice (‘Code’), which aimed to make it easier for borrowers to make informed decisions about their finance options and increase transparency and disclosure standards across the Australian online business loan sector.

The code was created through collaboration with the Australian Small Business and Family Enterprise Ombudsman Kate Carnell, FinTech Australia, and small business advocate such as Capify.

Through established credibility and a long-standing presence within the industry, AFIA offer members like Capify an opportunity to connect and engage with reputable businesses, regulators and government officials in the finance sector.

AFIA differentiate from other associations through drawing operational insights from our members to inform our representation and propose practical solutions. This is done through professional development opportunities, data reports on the state of the sector, research into emerging legislative and regulatory reform areas, and compliance and risk management guidance.

Capify, are therefore able to deliver customers to deliver representation, insights & connectivity. AFIA has recently held meetings with a significant number of key figures from the major political parties as part of a political roadshow.

The purpose of the roadshow was to make sure Parliament understands the need for consumers and commercial entities (in particular small businesses) to be able to access finance to facilitate their future endeavours and more importantly drive growth in the Australian economy.

In June 2018, a group of leading online lenders, inluding Capify signed the Australian Finance Industry Association Online Small Business Code of Lending Practice (‘Code’), which aimed to make it easier for borrowers to make informed decisions about their finance options and increase transparency and disclosure standards across the Australian online business loan sector.

The code was created through collaboration with the Australian Small Business and Family Enterprise Ombudsman Kate Carnell, FinTech Australia, and small business advocate such as Capify.

Through established credibility and a long-standing presence within the industry, AFIA offer members like Capify an opportunity to connect and engage with reputable businesses, regulators and government officials in the finance sector.

AFIA differentiate from other associations through drawing operational insights from our members to inform our representation and propose practical solutions. This is done through professional development opportunities, data reports on the state of the sector, research into emerging legislative and regulatory reform areas, and compliance and risk management guidance.

Capify, are therefore able to deliver customers to deliver representation, insights & connectivity. AFIA has recently held meetings with a significant number of key figures from the major political parties as part of a political roadshow.

The purpose of the roadshow was to make sure Parliament understands the need for consumers and commercial entities (in particular small businesses) to be able to access finance to facilitate their future endeavours and more importantly drive growth in the Australian economy.

The Australian Finance Industry Association (AFIA) is the leading industry advocate for Australia’s finance sector and works with governments, regulators and key financial stakeholders to ensure that our members can actively participate in a stable, competitive and accessible finance market.  Capify is an essential member of AFIA.

AFIA members are a core part of a dynamic finance industry that contributes $152 Billion to Australia’s National GDP, employ over 450,000 people nationwide and provides billions to consumers and businesses throughout the country. AFIA represents more than 100 providers of a consumer, commercial or wholesale finance that operate across Australia, including ASX-listed financiers, customer-owned and regional banks, captive manufacturer financiers and wholesale capital providers. AFIA Members provide the funding that Australian families, business and large corporate entities need to operate and grow for success.

AFIA diverse membership and market share, together with our several decades of lobbying see AFIA uniquely placed to provide specialist policy expertise and to work with regulators, government departments, and political representatives to advocate for industry growth and change.

A core strength of AFIA is providing a forum where members who traditionally compete in the market can articulate areas of alignment to the government or other key stakeholders. Our approach is fair, intended to clearly and forcefully voice our members’ position while recognising the legitimacy and value of the underlying policy objectives to address market risk or provide consumer protection.

AFIA is proud to be the voice of the sector that is ‘Financing Australia’s Future’. AFIA is the outcome of a detailed Strategic Review process implemented in 2017. Our new operating model is designed to amplify our industry’s collective voice. It brings together our existing membership with those of our Affiliated Associations, is now the independent voice advocating for financial services throughout Australia.

The structure ensures the continuation of a representative voice under key product groupings within AFIA. It enables members to engage through the Equipment Finance Division, the Motor Finance Division, the Consumer Finance Division, the Land Finance Division, the Fleet Leasing and Rental Division and the Working Capital Division.

Representation

AFIA gives members a robust collaborative voice to inform political influencers, government departments, key policy officials, regulators and other key industry stakeholders on how best to create a fair, equitable and competitive marketplace for customers.

Insights

AFIA helps our members to operate more successfully by informing them about real-world insights, industry standards, sharing benchmarking, information and best practice financial services management as well as promoting professional pathways.

Connectivity

AFIA connects members, allowing them to set aside competitive differences and work together to champion a view made stronger through a unified position. We directly interface with political influencers, government departments, policy officials, regulators and other key stakeholders.

The purpose of the roadshow was to make sure Parliament understands the need for consumers and commercial entities in particular small businesses.

A recent survey was undertaken with a sample of small construction and building a business’ where 84% of respondents faced issues with cash flow while 19% dealt with it regularly (Jones, 2018).

Capify can help provide free quotes for small business finance with competitive comparison rates. Capify offers Australian businesses with an unsecured business loan for a quick financial solution to struggling businesses and offers loan terms of three to twelve months. Capify also provides credit card loans or merchant cash advances.

The advantage of an unsecured loan is that it requires no personal or business asset; Capify does not offer interest rates either; they used a fixed-rate repayment.

There is also less paperwork than a big bank’s process, making it far more comfortable and convenient for small businesses to alleviate their financial burden at an instant, however, Capify does not offer lines of credit. Seeing how construction and building small companies don’t get paid until the building contract is complete, there is a high risk for the company to have a negative cash flow during the operation of the project.

Capify provides both short term and long-term solutions towards strained financial businesses in the construction and building industry as the process of providing financial aid is quick and intuitive with zero collateral damage with access to funds in 24 hours.

Our mission is to help small businesses by providing simple, quick and responsible access to business funds

Capify was born out of the desire to offer small businesses an alternative and accessible lending option. Proudly we were the first to do so in Australia. With 10+ years of local experience providing small business loans working capital globally, Capify is Australia’s most experienced alternative lender to small business.

With a customer-centric focus on service and simplicity; our vision is to support Australian businesses with tailored financial solutions. With our philosophy, we work together to create the most flexible and accessible commercial business loans for our clients. This allows us to streamline our internal processes passing on time and cost savings to you.

Capify is Australia’s Leading unsecured small business lender and you can easily find us on Finder.com.au, Canstar, Mozo, InfoChoice, and other financial comparison websites.

 

How Capify works with the Australian Financial Industry Association

A recent survey was undertaken with a sample of small construction and building a business’ where 84% of respondents faced issues with cash flow while 19% dealt with it regularly (Jones, 2018).

Capify can help provide free quotes for small business finance with competitive comparison rates. Capify offers Australian businesses with an unsecured business loan for a quick financial solution to struggling businesses and offers loan terms of three to twelve months. Capify also provides credit card loans or merchant cash advances.

The advantage of an unsecured loan is that it requires no personal or business asset; Capify does not offer interest rates either; they used a fixed-rate repayment. There is also less paperwork than a big bank’s process, making it far more comfortable and convenient for small businesses to alleviate their financial burden at an instant, however, Capify does not offer lines of credit. Seeing how construction and building small companies don’t get paid until the building contract is complete, there is a high risk for the company to have a negative cash flow during the operation of the project. Capify provides both short term and long-term solutions towards strained financial businesses in the construction and building industry as the process of providing financial aid is quick and intuitive with zero collateral damage with access to funds in 24 hours.

How could small businesses use the funds?

  • Pay Bills
  • Marketing
  • Hiring extra staff
  • Purchasing Stock
  • Improve Cash Flow
  • Purchasing a Business car or Truck
  • Renovating or Expanding the business
  • Upgrading or Purchasing Equipment

Capify Financing Options and Business Loan Products

Capify presents ideal solutions to businesses who struggle to sustain adequate funds or want to achieve certain business goals. We offer two principal products and services that aid businesses in achieving their goals; Merchant Cash Advance and Capify small business loan.

The Capify business loan ranges from 5,000 to 300,000 dollars which are deposited into the customer’s account where they will then have the ability to fund their business. This unsecured business loan will then allow enterprises to improve the health of their business and be repaid through small daily transactions.

Moreover, another business product that Capify offer is Merchant Cash Advance, which works best for businesses who tend to experience fluctuating cash flow. Merchant Cash Advance refers to the business gaining a lump sum of money and repaying it through minor percentages of their EFTPOS transactions. This will benefit the business as they are less prone to shortages within their cash flow thus allowing them to increase capital whilst repaying the loan back. As well as this, Capify provides their expertise to customers, suggesting new ways to improve the cash flow, tailored to their specific business.

As the first business to do alternative lending in Australia and 11 years under the belt, Capify proudly declares itself as the most experienced alternative lender. In such a vast and growing industry, Capify has remained a solid pillar in FinTech within Australia and a leader in unsecured business loans in the SME market. Capify does not provide line of credits.

Capify is Australia’s first small business lender since 2008, we have built and maintained a google review of 4.5/5.

Speak to a lending specialist today on 1300 760 930 to get funds in 24 hours or start your application and apply now.

 

 

Apply Now

We help businesses like:

FAQs

What are your interest rates?

We don’t use interest rates for our funding solutions.

Instead Capify offers an agreed total payback amount. The payback amount depends on the type of business you operate and the term you require the business finance for. This way your business knows up front the total costs, making managing your cash flow easy.

What are your loan amounts and terms?

Capify can lend your business from $5,000 to $300,000 in unsecured small business funding to SMEs. The repayment terms are flexible and depend on the monthly turnover of your business. Terms range from 3 months to 12 months.

Apply Now
Copyright © 2019 Capify Australia PTY LIMITED (ABN 38 630 469 117) trading as Capify. All Rights Reserved.