Within Western Australia, there are more than 224,270 businesses and 75% of these are based in the city of Perth. Small business also represents 97% of all businesses in Western Australia and contributed $48 billion dollars to the Australian economy as of June 2018.
According to the latest ABS Counts of Australian Businesses, as of June 2018 industries with the largest number of small businesses in WA are construction, professional scientific and technical services, rental, hiring and real estate services, financial and insurance services, agriculture, forestry, and fishing. Western Australia is also a competitive exporter of minerals, petroleum commodities and the mining industry, which accounted for 30 per cent of gross state product in 2017‑18.
The Western Australian economy grew by 1.9 per cent in 2017-18, following six years of declining growth due to the completion of major construction projects in the capital city of Perth. This led to total employment falling in 2015-16 and again in 2016-2017. A small increase in business investment in 2017‑18 by the government and an improved investment outlook into small business is now supporting job growth.
Perth businesses need support from the local government due to the lack of access to funds being a result of slow business growth and economy. A business lender like Capify can help business owners access short term business loans under 12 months with an easy application process that can help them with having working capital for their business in 24 hours.
Speak to a lending specialist today on 1300 760 930 to get funds in 24 hours or start your application and apply for a business loan now.
Capify provides fast business loans in Perth and is one of Australia’s leading finance firms that obtain the purpose of providing funds and assistance to any type of business who require it.
Capify is different from competitors with heavy support in WA with a dedicated BDM based in Perth Dino Pacella, helping service brokers and providing easy access to unsecured business loans.
Capify is an alternative to the big banks like Commonwealth, ANZ, Westpac and does not offer a line of credit or interest rates, instead, they work with a fixed rate. Loan terms range from 3 months to 12 months and their loan amounts range from $5,000-$300,00.
The great news is that Capify’s application costs are free, we don’t charge you when you submit an application for a small business loan in Sydney. It’s obligation-free and you can commit whenever you are ready.
A great financial product that Capify can provide is Merchant Cash Advance, where this revolves around businesses gaining a lump sum of money and repaying it through minor percentages of their EFTPOS transactions. This would greatly benefit the business as it would prevent cash flow shortages, thus they are able to have the cash to pay debt payments, expenses, and unexpected costs.
Furthermore, enterprises are also introduced to the option of Sydney business loans that Capify can provide, increasing capital, thus increasing cash flow. Alongside this, they deliver expert advice that contains knowledge and techniques on how to improve cash management to assist in keeping your business as healthy as possible.
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.
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 focus on customer service and simplicity; our vision is to support Australian businesses with tailored financial solutions and solve small business finance. 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.
We ensure our team have a comprehensive knowledge of the Australian SME market and can truly understand your business needs, aspirations and need for finance. Our small business lending consultants will guide you through the entire small business loan process from initial quotation to funding.
Mozo says “With more than ten years of experience, Capify has been helping Australia’s small business owners reach new heights with their tailored funding solutions. The lender provides unsecured business loans which are flexible and accessible, and its simple application process makes getting funding a breeze”.
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.
Capify is a fin-tech and purely operates online. We do not have a physical branch. However, our office is in Parramatta Sydney.