Capify allows eligible limited companies to borrow between £5,000 and £3 million and sole traders and partnerships to borrow over £25,000, through a business loan. Capify business loans have minimum turnover requirements and can be repaid in daily or weekly instalments. over a term of up to five years.
Capify Small Business Loans
Available on application
£5,000 – £3,000,000
3 months – 5 years
Available on application
NerdWallet's Review Summary
With Capify, eligible limited companies can borrow between £5,000 and £3 million, while sole traders who are also homeowners can borrow over £25,000. Find out more by reading NerdWallet’s Capify Business Loans Review.
Capify business loans key features:
- Up to £3 million for small businesses: Capify lending products span £5,000 to £3 million.
- Short loan terms: Business loans from Capify can be repaid across three months to five years.
- Repay it daily or weekly: A Capify small business loan can be paid off with either daily or weekly repayments over the length of your loan term.
- Turnover requirements: In order to successfully apply, your business will need to have been trading for at least a year and have a minimum monthly turnover of £10,000 for a small business loan.
NerdWallet's Pros & Cons
Pros
- You can borrow up to £3 million with a Capify small business loan.
- Business loans offer short to medium-term borrowing over three months to five years, broken into smaller daily or weekly repayments.
- You have access to over-the-phone customer service.
- There are no early repayment fees.
- Capify considers all credit profiles and looks at different lending criteria to a traditional bank.
Cons
- The majority owner of the business is required to provide a personal guarantee when taking out a loan.
- There are minimum monthly turnover requirements.
- You may be subject to processing, origination and monthly service fees when taking out a Capify business loan.
- There is no app-based customer service or branch support. Web-based support also directs users to the phone or a contact form.
This product may be one of a range offered by this provider. Always check terms & conditions for suitability before applying.
Learn more about how we bring you our review.
Key features
- Small businesses can borrow up to £3 millionCapify offers lending products of £5,000 to £3 million. Sole traders and partnership lending starts at £25,001.
- Loan terms of three months to five yearsCapify business loans are designed for short to medium-term borrowing.
- Daily or weekly repaymentsWith a Capify small business loan, you make daily or weekly repayments over the length of your loan.
- Turnover requirementsYou need at least £10,000 in monthly turnover for a small business loan.
Capify business loans pros & cons
Pros
- You can borrow up to £3 million with a Capify small business loan.
- Business loans offer short to medium-term borrowing over three months to five years, broken into smaller daily or weekly repayments.
- You have access to over-the-phone customer service.
- There are no early repayment fees.
- Capify considers all credit profiles and looks at different lending criteria to a traditional bank.
Cons
- The majority owner of the business is required to provide a personal guarantee when taking out a loan.
- There are minimum monthly turnover requirements.
- You may be subject to processing, origination and monthly service fees when taking out a Capify business loan.
- There is no app-based customer service or branch support. Web-based support also directs users to the phone.
» MORE: Compare best small business loans
The pros and cons featured here are chosen by us based on a combination of our expert, research-based opinions and an exclusive survey of UK business owners and decision makers. The survey was conducted on behalf of NerdWallet UK in December 2022 to identify the business loans features that people feel are most important. They are unlikely to be the only product features and restrictions that you should consider. Pros and cons are subjective and you should align them to your own personal and business circumstances. Information was correct at the time of publication but may have changed since.
Capify business loans full review
Founded in 2008, Capify specialises in providing small and medium-sized enterprises (SMEs) with business funding.
Capify is not a bank, but a direct online lender, providing business borrowing of up to £3 million through small business and secured business loans.
With both products, the majority owner of the business will be required to provide a personal guarantee. This means that, if the business cannot repay the loan, it will become the responsibility of the majority owner.
Depending on your business, you may be able to get same-day approval, as well as funding within 24 hours of your initial application.
Small business loans
With a Capify unsecured small business loan, you can borrow between £5,000 and £3 million as a limited company. If you are a sole trader or partnership, however, Capify business loans are only available over £25,000. This loan can be repaid over a term of between three months and five years.
A Capify loan differs from many other business loans because instead of making monthly repayments, your total payback figure is broken down into smaller daily or weekly repayments. Depending on the size of these repayments, this could be more manageable for your business than a monthly lump sum.
When taking out a Capify small business loan, you will also need to pay a processing fee (tied to the amount you have borrowed), an origination fee and a fixed monthly service fee.
Secured business loan
Capify also offers secured business loans of between £75,000 and £3 million. To be eligible for one of these loans from Capify, your business must be a limited company or partnership which has been trading for at least 12 months. In addition, it will need a minimum monthly turnover of £10,000.
Capify may charge origination fees, appraisal fees or closing costs as part of the process of approving your company’s secured business loan. Additionally, it is worth noting that Capify only accepts residential property as security against its secured loans.
» MORE: How do business loans work?
Capify business loans: at a glance
| Amount borrowable | £5,000 to £3 million (loans to sole traders and partnerships start at £25,001) |
| Term length | Three months to five years |
| Web-based customer service | Online contact form |
| UK customer service number | 0800 151 0980 (9am to 5.30pm, Monday to Friday) |
| App | No |
| Face-to-face customer service | No |
| Access to loans without pre-existing account | Yes |
Where Capify business loans stands out
Considers all credit profiles: Capify looks at different application criteria than a traditional bank, meaning its business loans are available to a variety of credit profiles.
Maximum amount borrowable: At £3 million, the maximum amount you can borrow with a Capify unsecured small business loan is at the higher end of the market.
Minimum loan term: With a minimum loan term of three months, Capify may be a good option if you are looking for a short-term loan.
No early repayment fees: You will not be penalised if you want to repay your loan in full before the end of its term.
Manageable repayments: Capify’s small business loan is repaid in daily or weekly instalments, which might be more manageable for your business than finding a lump sum each month.
No need to create a new business bank account: Since Capify is not a bank, you will not need to create a new business bank account when applying for a loan.
Where Capify business loans fall short
Eligibility requirements: You need at least £10,000 in monthly turnover to access a small business loan or secured business loan.
Fees: When taking out a Capify business loan, you may be subject to processing, origination and monthly service fees.
Personal guarantees: The majority owner of the business may be required to provide a personal guarantee when taking out a Capify loan.
Minimum amount borrowable: Sole traders and partnerships can only start borrowing at £25,001. This means Capify is not suitable for sole traders looking to borrow a smaller amount of money.
Customer support: Capify’s main form of customer support is over the phone. There is no app or branch support, and limited online customer service.
More business loan reviews
Take a detailed look at some of the other business loan lenders we review.
Capify business loans customer reviews
Capify has an ‘Excellent’ Trustpilot rating of 4.5 out of 5, based on over 600 reviews. Bear in mind that this rating is based on the brand as a whole, not any specific offering.
This information is correct as of 28 April 2025.
Capify business loans eligibility
Capify’s loans are available to limited companies, as well as sole traders and partnerships applying for a sum greater than £25,000.
Small business loan
In order to qualify for a Capify small business loan, you need to:
- be a registered business in the UK
- be over the age of 18-years-old
- have been trading for a minimum of 12 months
- have a monthly minimum turnover of at least £10,000
You will also be subject to a credit check when you submit your loan application.
Secured business loan
To be eligible for a Capify secured business loan, your business must:
- be registered in the UK as a limited company or limited liability partnership
- be over the age of 18-years-old
- have been trading for a minimum of 12 months
- have minimum monthly turnover of £10,000
» MORE: Guide to business credit scores
How to apply for a Capify business loan
When applying for a Capify business loan, you will likely need to complete the following steps:
- Decide whether you want a small business loan or merchant cash advice, alongside how much you want to borrow and for how long.
- Apply online and get pre-approval.
- Talk to a Capify agent, who will help you find a tailored borrowing solution for your business.
- Submit the minimum level of documentation Capify requires, including your last 12 months’ worth of bank statements.
- Allow Capify to carry out its standard credit assessment to help determine what rate you pay for your loan.
- Check your account for your funds. Depending on your circumstances, you could have the funds within 24 hours of your application.
» MORE: How to get a business loan
Review methodology
At NerdWallet UK, we base our reviews and our ‘Best’ pages on the results of surveys we undertook about what was important to people who use these products. This allows us to look at products impartially of any commercial arrangements we have and fairly rate the products on the same set of criteria.
Best means our ‘Best’ and is based only on what products we have aligned to our surveys, which form the basis of our reviews and ratings. This means that there will be other products on the market that we have not included in our ‘Best’ pages. Best does not mean it’s best for you, nor does it mean the ‘cheapest’.
Our reviews may display lenders’ rates. This additional information has not been included in our evaluations but is still very important when choosing a product. Rates offered can depend on circumstances, amount and term. Always check details before proceeding with any financial product.
Product details reflect the information that was available at that time but may have changed since. We strive to give you a review on as many products as possible, but there will be products not included on the market. The review is our opinion, but it does not constitute advice, recommendation or suitability for your financial circumstances.
While we try to provide you with accurate information, the providers can change the terms of their products at any time, therefore it is advisable to check the terms before you proceed.
You can view our full review methodology here.
About the Author
Dive even deeper
Best Start Up Business Loans UK May 2025
by George Harrison
9 Types of Business Loans
by Rhiannon Philps