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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.

How long does the approval process take?

To apply only takes minutes and pre-approval will be given within 24 hours. However, this time frame is dependent on receiving approval to access your banking information or required documents in a timely manner.

How fast can I receive the business finance?

Once your application has been approved, and you’re guaranteed a business loan we can have the funds in your nominated account within 24 hours for most cases. If your case is urgent we will work out a solution that works in your favour.

What products do you offer?

Capify offers two products that work with your small business:

Merchant Cash Advance

  • For businesses that accept credit card/EFTPOS sales.
  • A business that uses ANY BRAND credit card/EFTPOS machine – such as Tyro, NAB, Commonwealth Bank, ANZ Bank, Suncorp, Westpac, St George, etc.
  • Get access to a lump sum amount where repayments are debited on a daily basis.
  • No fixed monthly repayment requirements which mean your cash flow isn’t heavily affected.

Small Business Loan

  • A suitable product for any business and doesn’t require a credit card/EFTPOS processing.
  • Get access to a lump sum amount where repayments are debited on a daily basis.
  • No fixed monthly repayment requirements which mean, your cash flow isn’t heavily affected.
What information is required to apply?
  • Bank statements for the last 6 months or 6-12 depending on deal size
  • Merchant statements for the last 4 to 6 months
  • Driver’s license for the owner of the business
  • Proof of ownership
  • Operating for a minimum of 6 months.
  • Minimum turnover of at least $10,000 a month
What are the application costs?

It’s free! We don’t charge our customers any fees to submit an application. It is completely obligation-free and you can choose to commit whenever you are ready.

What industries do you lend to?

We support businesses from all industries and we have proven examples of customers that have successfully grown their business through our lending methods. Some industries include:

  • Retail & Fashion
  • Hair & Beauty
  • Medical
  • Hospitality
  • Automotive
  • Real Estate
  • Manufacturing
  • Trade & Labour
  • Cleaning Services
  • Many more
How can I use the funds?

You can use the cash for any business purpose you like. A few ways our customers have used the funds:

What can Capify offer that no one else can?

Experience. We pioneered alternative lending for unsecured business funding in Australia in 2008. We’ve been creating unique products ever since.

  • Unsecured funding up to $300,000
  • Easy application
  • We do loans others don’t
  • No application fees
  • Flexible repayment and renewal options
Are your funding solutions unsecured?

Yes they are, no collateral or assets are required, the only requirement is a personal guarantee by the majority owner of the business.

What is the Interest Rate?

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.

Can you tell me some information about the broker program at Capify?

Our broker partner program ensures that we work with you as our referral partner. You will work with our dedicated broker team who is at your service to help qualify and support your referred business clients, to ensure we find solutions that work in line with their business needs. Our goal is to help you better qualify leads as well as provide content and information that you can use to push to your database. You will be kept up to date on the progress of a lead and own the client post-settlement.

What commissions do you pay brokers, partners, or affiliates?

Our commission payments are paid upfront on all settled deals. We pay a percentage (10-15%) of the margin on each deal. For further clarification, please contact your BDM team directly for a break down on the commission you earn. Any client that is funded by Capify, and then decides to renew and take out another loan (later on) will also generate a commission payment to you as the lead originator.

Do you have a finance broker portal?

As a fin-tech Capify believes in providing the best technology and platforms for our brokers, that is why we have invested in a partner portal. However, at this stage it is being upgraded, and we will be providing you with further details once we have it up and running.

Can you tell me some information about the partner program at Capify?

Our Partner Program is suitable for partners who generate regular customer inquiries for alternative unsecured and short term business loans via digital and traditional marketing. We provide daily, weekly and monthly updates on information such as lead statuses, application progress, and funded customers to keep our partners up-to-date on each customer’s journey and keep track of our funding numbers and pipeline. Being a partner-focused lender, we also provide our partner’s frequent marketing and sales support such as regular product training, lead criteria updates and exclusive promotional offers.

What commissions do you pay affiliate marketing partners?

We typically work with our partners on a commission program based on the number of leads/inquiries generated each month, and we typically pay on an agreed percentage of the margin of each funded loan, for both every new and renewed customer.

Do you have a partner portal?

Yes, we provide a user-friendly partner community portal for easy access to updates and reporting. Our partners can keep track of the progress of every lead via this portal. We understand each partner is different and depending on the suitability of the partner’s needs for data and system capability, and we have a range of reporting systems set up to find the best solution for our partners.

Do you do asset finance for a vehicle for the business?

Capify does not do secured or asset finance. However, we do unsecured business loans that you can use for any business purpose, such as purchasing a business vehicle.

You can also use our funds for cash flow, purchasing of stock, renovations, expansions, and buying equipment.

Do you do credit checks at the start or end of the application?

We pull credit checks at the start of the application process with approval from our customers. A customer can also request a ‘Look-alike offer’ without pulling their credit (however all offers will be subject to the credit score and any adverse information found).

What is the minimum turnover to qualify for a business loan?

The minimum monthly turnover to qualify for a Capify small business loan is $10,000.

What is your approval process?

To be approved for a Capify small business loan or a merchant cash advance you must have an active ABN or ACN, have been in business for over six months, have a monthly turnover of $10,000, be an Australian Citizen or Permanent Resident and over 18 years of age.

The process is simple and fast, apply in 10 minutes over the phone, attach your bank statements through our secure link, and you could have an approval within hours and funded in days.

What you will need to be approved:
– Be in business for 6 months
– $10,000 minimum monthly turnover
– ABN Number
– Driver’s License
– Landlord Details
– Personal References
– Front of Bank Statements
– Proof of ownership

How longs the approval process?

An application is a fast ten-minute application over the phone with one of our experienced lending specialists.

Once it goes to our credit department you can be fully approved in less than 2 hours, funded in 24 hours for a small business loan and 48 hours for our merchant cash advance. (Approval time based on receiving all required documents during the application process).

Once approved your conditional approval will last up to 30 days.

What’s the term and interest rate?

For both Capify’s small business loan and merchant cash advance products, the terms vary from 3-12 months. We don’t use interest rates for our funding solutions. Instead Capify offers an agreed total payback amount based on a factor rate associated with risk. The payback amount also depends on the type of business you operate and the term you require the business finance. This way your business knows upfront the total costs involved, making managing your cash flow simple.

Do you lend to people that have a current unpaid default against their name?

Yes. Depending on how large the default is, your monthly turnover and your credit score number. We may request additional documentation confirming that the default is paid OR if you are currently on a payment plan, we will need documentation confirming a repayment plan is being adhered.

I just want to login to my account and get past statements

We do not have a login for clients to obtain statements and payout figures on our website. If you require this information, please contact our office on 1300 760 930 and request these documents.

Our MCA clients can log in via the Capify website which will provide a list of transactions.

Do you loan to people on Centrelink?

Yes. If you have a functional business with a sufficient amount of income-generating in your business account. However be mindful we will not include any income from Centrelink when calculating the business turnover.

Just wanting to know if I do apply for a loan, will I have a response today?

We can respond within two hours when applying during standard business hours and if you have uploaded your last six months’ bank statements through our secure link before 3 pm. This allows us to instantly verify your banking information online to detect any fraudulent behaviour. If you choose to upload scanned copies of your bank statements, we can provide a decision in as little as one business day, and you can be approved within 24 hours for our small business loan, or 48 hours for our merchant cash advance.

I would like to know what paperwork you require to apply for a business loan?

For a loan under $75,000, Capify requires the following paperwork:
– Last 6 months Bank Statements of the business account
– Front and Back of the owners’ ID
– Front of the official cover page of the bank statement (confirming account name, BSB and account number).

For loans over $75,000 documentation is to be advised. Call 1300 760 930 now.

Do you only do business loans?

Yes, Capify only specialise in unsecured small business loans.

We have two unsecured business products:
Merchant Cash Advance:
For businesses that accept credit card/EFTPOS sales. Get access to a lump sum amount where repayments are debited on a daily basis. No fixed monthly repayment requirements which means your cash flow isn’t heavily affected.

Capify Small Business Loan:
A suitable product for any business and doesn’t require credit card/EFTPOS processing. Get access to a lump sum amount where repayments are debited on a daily basis. No fixed monthly repayment requirements.

Do you give loans for start-ups?

No, Capify does not lend to individuals who need start-up funds for a new business, looking to purchase a business or have been in business less than six months. This is because our approval process is based on looking at the cash flow of the business to determine the loan offer.

I want to inquire about a personal loan.

Capify does not lend to consumers or do personal loans. We specialise in unsecured small business loans only.

Can you tell me how I can apply for a low-interest rate and low documentation loan

There are many factors when applying for an unsecured business loan online and how the rate is determined. When applying for an unsecured business loan with Capify we use a factor rate based on risk to determine the total payback and term amount. We also base it on your daily balance, gross monthly sales, and your credit score.

Other factors that determine the amount of documentation needed is the size of the loan and any unusual situations that may arise in the credit assessment.

Where are you located?

Capify is a fin-tech and purely operates online. We do not have a physical branch. However, our office is in Parramatta.

Are business loans unsecured?

Not all business loans are unsecured. Capify does not require any assets for security at all when applying for a small business loan, and our credit assessments depend on the cash flow of the business. The only requirement is a personal guarantee by the majority owner of the business.

How do I get a small business loan in Australia?

Capify is based in Australia and lends to Australian businesses only. We only provide small business loans or merchant cash advances to Australian Citizens or Permanent Residents in Australia. To get approved for a small business loan in Australia with Capify you need to have the following:
– Be in business for 6 months
– $10,000 minimum monthly turnover
– ABN Number
– Driver’s License
– Landlord Details
– Personal References
– Front of Bank Statements
– Proof of ownership

How can I get a business loan with no money?

With a Capify small business loan we lend to business owners based on their monthly gross sales, daily balance and the health of their credit score. With no re-occurring income Capify cannot provide a business with a small business loan if they have no money or cash flow generating. For seasonal businesses, Capify provide a second product called a Merchant Cash Advance however, this credit assessment is dependent on a business generating income of $10,000 per month.

How fast will I get a decision?

Once your application goes to our credit team, you can be approved in less than 2 hours, funded in 24 hours for a small business loan and 48 hours for our merchant cash advance. (Approval time based on receiving all required documents during the application process).

How fast will I get the money?

Once your application has been successfully approved, and you’re guaranteed a business loan we can have the funds in your nominated account within 24 hours for a Capify small business loan and 48 hours for merchant cash advances. If your case is urgent, we will work out a solution that works in your favour.

How much can I borrow?

Capify can lend small business loans of $5,000 to $300,000 based on the SMEs monthly gross sales.

How do you charge for a Capify small business loan?

At Capify, we do not have interest or variable rates for unsecured business loans. We use a total payback figure that’s broken into small daily repayments that our customers can afford, which will not affect the day-to-day cash flow of their business.

How do repayments work?

We pride ourselves with being a transparent and responsible lender. That’s why before you go ahead with your contract, we provide you with a document outlining our fees and total payback.

The total payback figure is then broken into small daily repayments that our customers can afford as to not affect the day-to-day cash flow of their business.

Will my information be protected with Capify?

Yes, we pride ourselves in making sure our customers’ information is always protected and secured. We follow compliance standards when taking calls throughout our credit assessment and marketing activities.

Is it safe to link my bank account to the Capify platform?

Yes, it is safe to link your bank statements through the Capify Bank statements link. Like the banks and other alternative lenders we use an award-winning platform that retrieves bank statement data that has been proven to speed up the approval process of your loan inquiry.

What products do you offer?

We have two unsecured business products:

Merchant Cash Advance:
This is a simple product for businesses that accept credit card/EFTPOS sales and are also seasonal. This is because the merchant cash advance is designed to match the cash flow of your business by debiting a small percentage of what you have made that day, rather than debiting fixed daily sums. This means greater flexibility to make lower repayments during slower periods. This products is perfect for businesses in retail and hospitality.

Capify Small Business Loan:
A suitable product for any business and doesn’t require credit card/EFTPOS processing. Get access to a lump sum amount where repayments are debited on a daily basis. No fixed monthly repayment requirements and access up to $5,000 to $300,000 based on the cash flow of your business. Unlike a bank, Capify’s Business Loan requires minimum paperwork and once approved the funds are in your account within 24 hours, not weeks or months.

What is the cost of the application?

It’s free! We don’t charge our customers any fees to apply. It is completely obligation-free, and you can choose to commit whenever you are ready.

What industries do you lend to?

We support businesses from all industries, and we have proven examples of customers that have successfully grown their business through our lending methods. Some industries include:

Retail and Fashion, Hair and Beauty, Hospitality, Automotive, Real Estate, Manufacturing Trade, Labour Cleaning Services and many more. Call 1300760930 to find out more.

What can I use a small business loan for?

You can use the cash for any business purpose you like. A few ways our customers have used the funds:

Improve cash flow, Pay off any expenses, Renovations, TAX or BAS payments, Purchasing stock, Marketing, Hiring extra staff, Upgrading equipment and many more.

What can Capify offer that no one else can?

Experience. We pioneered alternative lending for unsecured business funding in Australia in 2008. We’ve been creating unique products ever since.

– Unsecured funding up to $300,000
– Easy application
– We do loans others don’t
– No application fees
– Flexible repayment and renewal options

If you have a question that doesn’t appear here, you can call us on 1300 760 930.

Apply anytime, anywhere

  • No application fee
  • No obligation
  • See how much you qualify for

Still have questions?

See our FAQs

Chances are someone else has had the same question and the answer will be in our FAQs.

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Call us between
8:00am – 6:00pm (AEST) Monday – Friday

1300 760 930

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