Frequently Asked Questions - Unsecured Finance

Hi, how can we help?

Capify provides small business loans or merchant cash advances to Australian businesses that meet the following basic eligibility criteria;

– Must be a registered business with an active ABN
– Trading for 12 months+
– $10,000+ minimum monthly turnover
– Australian Citizen or Permanent Resident
– 18 years+ of age

Please note the above criteria allows us to start the application process. You’ll still need to meet our standard credit assessment criteria to get approved and funded.

Capify can lend SMEs from $5,000 to $500,000 in unsecured small business funding. The repayment terms are flexible and depend on the monthly turnover of your business. Terms range from 3 months to 12 months.

Yes, all our loans are unsecured. There are no collateral or assets are required. The only requirement is a personal guarantee by the majority owner of the business.

Once you’ve submitted an application, and meet our eligibility criteria, you could be approved within hours and have funded in your account within 24 hours.

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. You can speak to our lending specialist on 1300 760 930 , to understand what other documents you may require.

Our repayment terms can be anywhere between 3 – 12 months depending on what we’ve agreed upon with you. We pride ourselves on being a transparent and responsible lender, which is 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.

We do not pull a credit application at an equiry stage. We will only pull the credit check once we’re ready to submit your loan application upon your approval of our terms & conditions. We can however provide our broker channel partners “look alike” offers for their clients upon request without conducting a credit check.

Please note all final offers will be subject to the credit score and any adverse information found).

We can approve you without you linking your bank statements as long as you have shared the statements with us manually.

However, depending on the loan amount, this could slow our credit investigations down and ultimately slow down how fast you receive funds in your account.

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.