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 product 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.