Capify review: fast short-term loans, priced only at quote stage
Capify is a short-term business lender: £10,000 to £3,000,000, repaid over 3 to 24 months in payments collected daily or weekly rather than monthly, for UK businesses trading 12 months or more with at least £10,000 a month (£120,000 a year) of turnover. It suits a business that needs money within a day and can carry daily repayments. It publishes no rates, so you can only judge it by turning its quoted total payback into an annual rate, which this page shows you how to do.
Terms read from capify.co.uk on 1 November 2026. We have not borrowed from Capify; this review uses its published terms only.
Capify at a glance
| Unsecured loans | £10,000 to £3,000,000 |
|---|---|
| Secured loans | £50,000 to £3,000,000 |
| Term | 3 to 24 months (the homepage FAQ says 3 to 12 months) |
| Repayments | Collected daily or weekly rather than monthly |
| Rates and APR | Not published |
| Fees | Origination and processing fees if you proceed to a full application; no fee to check eligibility; amounts not published. No early repayment fees. |
| Personal guarantee | Required on all products |
| Eligibility | UK-registered, trading 12 months+, turnover £10,000 a month (£120,000 a year), aged 18+ |
| Speed | Unsecured funding the same day; secured loans in 24 to 48 hours |
| Documents | 12 months of bank statements, driving licence, landlord details, personal references and proof of ownership |
Capify's own pages disagree on the longest term: the FAQ page says 3 to 24 months, the homepage FAQ 3 to 12 months. Ask which applies to your offer. None of Capify's listed products is a merchant cash advance: its small business loan page contrasts its fixed instalments with repayments that take a percentage of daily turnover.
How to price a Capify quote, worked through
Because Capify publishes no rates, we cannot show its price. What we can show is the method. Suppose a quote offers £20,000 with a total payback of £23,000 over 6 months, collected every working day. These are hypothetical figures, not Capify's pricing.
- Cost of the loan: £23,000 − £20,000 = £3,000, or 15.0% of the amount borrowed.
- Number of payments: 6 months × 21 working days = 126 payments of £182.54.
- Monthly equivalent: £23,000 ÷ 6 = £3,833.33.
- Annual rate: a £20,000 loan repaid at £3,833.33 a month for 6 months is the same as about 49.7% a year.
That is why a 15.0% cost is not a 15.0% rate: you start repaying the next working day, so on average you hold only about half the money for the six months. Daily collection makes the real rate slightly higher again than the monthly figure above.
Now check affordability. At Capify's minimum turnover of £10,000 a month, those repayments would take 38.3% of everything coming in, before stock, wages or rent. Capify sizes offers from your bank statements, but you should run this sum yourself on a quiet month, not an average one.
Should you use Capify?
Yes, if you need money within a day for something that pays back within months (a stock order, a tax bill, a deposit on a contract), your turnover is steady day to day, and a bank or a cheaper online lender cannot move fast enough.
Do not, if:
- The need runs beyond two years. Capify's terms stop at 24 months; Funding Circle runs 6 months to 6 years with monthly repayments. See business loans compared.
- The gap is a few weeks. A bank overdraft is priced as interest on what you use; NatWest's representative rate is 13.37% EAR on a £5,000 limit.
- Your money is tied up in unpaid invoices. Invoice finance borrows against them.
- You take most payments by card and your provider offers an advance. Compare it: see payment provider cash advances.
- You will not sign a personal guarantee. Every Capify product needs one.
Whatever you choose, ask every lender for the total payback in writing and annualise it the same way. Our business loan interest rates guide lists what UK banks publish. If card fees are part of your cash flow squeeze, a free statement review is worth doing first.
Get Capify-style speed with quotes you can compare
One enquiry reaches our partner's panel of more than 200 UK lenders. A specialist calls you back, Mon to Fri, 9am to 5:30pm.
Funding enquiries are handled by our specialist commercial finance partner. We may receive a commission; it never changes the rate you are offered. Finance is subject to status.
Questions people ask
Is Capify legit?
Capify is a UK business lender trading since 2008. It names its companies as United Kapital Limited (06575165) and Capify UK Limited (10183728), Altrincham, which you can check on Companies House. It says it has funded more than £1.2 billion across the UK and Australia for more than 20,000 businesses. Being a real lender does not make it the cheapest one, so compare its total payback with at least one other quote.
What interest rate does Capify charge?
Rates: Not published. Capify says it gives you a document setting out the fees and total payback before you sign. Divide the total payback by the number of months and use the method on this page to turn it into an annual rate you can compare.
Does Capify need a personal guarantee?
Yes. In Capify's words: "All Capify products require a personal guarantee, usually from the majority shareholder." That applies to its unsecured loans too: unsecured means no charge over property, not no personal liability.
What turnover do I need for a Capify loan?
At least £10,000 a month (£120,000 a year), with 12 months of trading, a UK-registered business and directors aged 18 or over.
Does Capify lend to start-ups?
No. Capify does not lend to start-ups, business purchases or businesses trading under 12 months. If you are newer than that, look at Start Up Loans and the other routes in our guide to government-backed business loans.
Does Capify do a credit check?
Capify says there is no credit search at enquiry; a credit check only when you accept terms and the application is submitted. Checking eligibility does not affect your credit score.
Will Capify lend if I already have a loan with another lender?
Capify will refinance a competitor loan once more than 50% of it is repaid, and pays the other lender out first. It says it does not stack loans, which is the right policy: two lenders taking daily repayments from one account is how cash flow problems start.
Can I repay a Capify loan early?
Capify advertises no early repayment fees. Ask whether settling early reduces the total payback, or only ends the repayments sooner, before you sign.
Sources
Every figure on this page comes from the lender's or scheme's own published page, read on 1 November 2026. Panel rate ranges come from our partner's lender-panel catalogue, checked 1 September 2026. We do not use comparison sites as sources.