A merchant cash advance is a simple enough bargain. Capify hands you a lump sum against your future card takings, then collects a slice of every day’s card settlement until an agreed total is cleared. What has changed is where you can get one.
Capify has withdrawn the product from its own website. It still funds merchant cash advances through brokers, but the direct route is closed, no factor rate is published anywhere, and the only fee schedule Capify does publish carries a February 2023 date. That leaves a reader in an awkward spot, because almost every confident figure circulating about this product traces back to pages Capify has since taken down.
So this review works differently from the usual run through rates and features. Every load-bearing number below carries the source it came from, the date that source was published and the date we checked it. Where the evidence runs out, we say so rather than filling the gap with something plausible.
Is the Capify merchant cash advance still available? Checked 18 August 2026.
Through a broker, yes. Directly from Capify, no. Capify has taken the merchant cash advance off its own website, and it now sells the product only through its broker channel. That is not a small distinction: it changes who you deal with, who sets the price you are offered, and what you can check before you sign.
- Capify’s product menu lists Small Business Loans, Supplier Invoice Payment, Secured Business Loans and Debt Consolidation. Merchant Cash Advance is not among them.
- The old product page,
/merchant-cash-advance-uk/, returns a 301 redirect to Capify’s Supplier Invoice Payment page: a different product with different pricing. - Capify’s explainer page
/finance/what-is-a-merchant-cash-advance/redirects to the same place, and/finance/merchant-loans/now returns HTTP 410 Gone, the code a site uses to say a page has been removed deliberately and permanently. - Capify’s sitemap carries 123 pages and not one of them is a merchant cash advance page.
- The broker page, updated on 17 August 2026, still sells it: “Capify’s Merchant Cash Advance is a solution where business owners are able to raise from up to £500,000 and repay via a percentage of their daily card payments, Monday – Friday.”
So the product is live, but the shop window is gone. If a broker offers you one, ask for the contracting entity, the factor rate, every fee and the expected term in writing before you commit to anything, because Capify no longer publishes any of it.
Capify Merchant Cash Advance at a Glance
Our Verdict
Capify still does the job it has always done for card-heavy businesses the banks turn away: it reads your takings rather than your credit file, and it moves in days where a bank takes weeks. Nothing we checked undermines that, and the customer reviews back it up.
What we can no longer tell you is what it costs. Capify publishes no factor rate, no holdback percentage and no term, and its fee schedule has not been updated since February 2023. A price you cannot see before you apply is not a price you can compare, and on a product this expensive that is a bigger problem than any single fee.
Our position is therefore narrower than it was. Treat a Capify advance as something to price against a written quote from at least one rival (365 Finance and Liberis both run the same card-sales model), and walk away from any broker who will not put the factor rate, every fee and the expected term in writing first.
Capify Merchant Cash Advance
Best For
This suits a sole trader or partnership that takes most of its money on card, turns over at least £20,000 a month, and needs the cash before a cheaper lender would have finished reading the application.
It also earns its place when a CCJ or a thin file has closed the other doors. Capify has built its business on saying yes where banks say no, and because the deduction is a share of each day’s takings, a quiet week costs you less than a busy one, which is genuinely kinder to cash flow than a fixed monthly instalment.
Not Ideal For
If you trade as a limited company, this is not your route. Capify’s own broker guidelines send limited companies to its business loan, which needs £10,000 a month rather than £20,000 and is priced and documented separately.
Nor is it right if you can qualify elsewhere. iwoca and Funding Circle will both lend more cheaply to a business with a reasonable file, and both publish what they charge. Neither asks you to accept a price you cannot see until a broker chooses to show it to you.
Key Facts: Checked 18 August 2026
Every figure below carries the page it came from, the date that page was published and the state of the evidence behind it. Read the last two columns together: a fee Capify still publishes but has not revisited since 2023 is a different kind of fact from an eligibility rule it updated last month.
| Term | What we found | Source | Source dated | Evidence status |
|---|---|---|---|---|
| Availability | Broker channel only; no direct route on capify.co.uk | Capify broker page, site navigation, sitemap and HTTP status checks | 17 August 2026 | Current verified |
| Maximum advance | Up to £500,000 | Capify broker page | 17 August 2026 | Current verified |
| Minimum advance | Not published for the MCA. The £5,000 figure on Capify’s broker page is the minimum for its business loan | Capify broker page | 17 August 2026 | Not publicly confirmed |
| Factor rate | Not published anywhere on Capify’s current site | Site-wide check; the 1.2–1.5 range came from pages that now redirect or return 410 | , | Not publicly confirmed |
| Processing fee | £249 to £749, by advance size | Capify fee schedule | 9 February 2023 | Published, provider date old |
| Origination fee | Up to 6% of the advance | Capify fee schedule | 9 February 2023 | Published, provider date old |
| Monthly fee | £25 Cashplus fee, if applicable | Capify fee schedule | 9 February 2023 | Published, provider date old |
| Trading history | Minimum 6 months | Capify broker guidelines | 7 July 2026 | Current verified |
| Turnover | £20,000 a month (£240,000 a year) | Capify broker guidelines | 7 July 2026 | Current verified |
| Business type | Sole trader or partnership. Limited companies are routed to the business loan instead | Capify broker guidelines | 7 July 2026 | Current verified |
| Holdback percentage | Not published. Capify says only “a percentage of their daily card payments, Monday – Friday” | Capify broker page | 17 August 2026 | Not publicly confirmed |
| Term | Not published. Quoted per deal, according to Capify’s broker flow | Capify broker guidelines | 7 July 2026 | Not publicly confirmed |
| Contracting entity | Capify is a trademark licensed to United Kapital Limited (06575165) and Capify Limited (10183728) | Capify complaints page and Companies House | 17 August 2026 | Current verified |
| FCA status | United Kapital Limited is an Introducer Appointed Representative (FRN 975046) of Swoop Finance Limited (FRN 936513). It is not itself an authorised lender | FCA Financial Services Register | Register entry effective 3 May 2022 | Current verified |
| Trustpilot | 4.7 from 725 reviews, across all Capify products | Trustpilot | 18 August 2026 | Current verified, brand-level |
Four of the fifteen rows cannot be filled from public evidence at all: the minimum advance, the factor rate, the holdback percentage and the term. Those are the four that decide what an advance costs you, which is the single most important thing to understand about this product as it stands today.
What Is the Capify Merchant Cash Advance?
How the Capify MCA Works
Capify buys a slice of your future card takings at a discount. You receive a lump sum today, and a fixed multiple of it (the factor rate applied to the advance) becomes the total you owe. From then on, an agreed percentage of each day’s card settlement goes to Capify, Monday to Friday, until that total is cleared.
The mechanism has one real virtue and one real cost, and they are two sides of the same coin. Because the deduction is a percentage rather than a fixed sum, a slow fortnight takes less out of your account than a busy one. But the total never moves, so clearing it faster shortens the discomfort without reducing the bill: the opposite of how interest on a loan behaves.
Capify no longer publishes the percentage it takes, and it no longer publishes the factor rate either. Both are set deal by deal, which means any arithmetic on this page can only be an illustration until you are holding a quote.
MCA vs Business Loan: Key Differences
The two Capify products are not variants of one another, and the broker guidelines draw the line by legal structure rather than by preference. The merchant cash advance is for sole traders and partnerships turning over £20,000 a month. The business loan is for limited companies turning over £10,000 a month. Both ask for at least six months of trading.
The paperwork differs too, in a way that has caused real confusion. Capify’s fee schedule lists a £24.90 monthly service fee against the business loan and a £25 monthly Cashplus fee, “if applicable”, against the advance. They look interchangeable and they are not, and figures quoted for one product have a habit of being repeated for the other: on this page, until today, among others.
And it is not Supplier Invoice Payment either
Anyone following an old Capify merchant cash advance link now lands on Supplier Invoice Payment, which pays a supplier’s bill directly and is repaid over a fixed 30, 60 or 90-day term at a published charge of 4% to 15% depending on term and repayment frequency. It is a different product with a different price. The redirect is a housekeeping decision by Capify, not a sign that the advance has turned into invoice finance.
Capify MCA Factor Rates and Total Cost
Factor Rates and Repayment Multiples
Capify does not publish a factor rate. We went looking on 18 August 2026 and found none: not on the broker page, not in the fee schedule, not in the FAQs, not anywhere on the site.
The 1.2 to 1.5 range that circulates widely, this page included until today, traces back to two Capify pages that no longer exist: an explainer that now redirects to Supplier Invoice Payment, and a merchant loans page that returns 410 Gone. A search result can still surface the old wording months after the page behind it has been deleted, and that is worth holding on to as a general rule. An indexed title tells you what a page once said. It is not evidence about what a company charges now.
What survives is the mechanism, and the mechanism is the part that catches people out. A factor rate is a multiple, not a rate of interest: 1.20 on £24,000 means £28,800 owed, whether you clear it in five months or eleven. That single property is why an advance cannot be compared with a loan on headline numbers, and why the pounds matter more than the percentage.
Processing, Origination and Other Fees
Capify does still publish a fee schedule, and it lists the merchant cash advance separately from the business loan. Read the date first. The page states “Updated: 09/02/2023”. It was reachable on 18 August 2026, which is not at all the same thing as being current.
| Amount borrowed | Processing fee | Origination fee | Monthly Cashplus fee |
|---|---|---|---|
| Up to £9,999 | £249 | Up to 6% | £25 |
| £10,000 – £19,999 | £349 | Up to 6% | £25 |
| £20,000 – £49,999 | £449 | Up to 6% | £25 |
| £50,000 – £79,499 | £549 | Up to 6% | £25 |
| £75,000 – £99,999 | £649 | Up to 6% | £25 |
| £100,000 plus | £749 | Up to 6% | £25 |
Three charges sit on top of the factor rate. A processing fee runs from £249 on the smallest advances to £749 above £100,000. An origination fee of up to 6% comes off the amount advanced. And a £25 monthly Cashplus fee applies where a Cashplus account is used: Capify’s own wording is “if applicable”, so ask whether it is.
Two things about that schedule deserve saying plainly. The bands overlap: £50,000 to £79,499 sits directly beside £75,000 to £99,999, which is the sort of slip that survives in a document nobody has revisited in three years. And “up to 6%” is a ceiling, not a price. On £24,000 it is the difference between nothing and £1,440, and only a quote will tell you where in that range you land.
What a £24,000 Advance Would Cost
Here is the arithmetic with every input on show, including the ones we have had to assume, and one figure deliberately left out.
| Line | At a 1.20 factor rate | At a 1.40 factor rate |
|---|---|---|
| Advance received | £24,000 | £24,000 |
| Fixed repayment (advance × factor rate) | £28,800 | £33,600 |
| Processing fee (£20,000–£49,999 band) | £449 | £449 |
| Origination fee at the published 6% ceiling | £1,440 | £1,440 |
| Monthly Cashplus fee, nine months at £25 | £225 | £225 |
| Total cash cost | £30,914 | £35,714 |
| Cost of the money | £6,914 | £11,714 |
What this model assumes, and what it is not
- The factor rates are ours, not Capify’s. Capify publishes none. We have used 1.20 and 1.40 to bracket a plausible offer, drawn from the 1.2–1.5 range Capify used to publish on pages it has since removed.
- The fees are Capify’s, taken from the merchant cash advance table on its fee page, which states it was updated on 9 February 2023.
- The origination fee is shown at its 6% ceiling. Capify says “up to 6%”, so a real offer could carry less, or none.
- Nine months is an assumption. Capify publishes no typical term and no holdback percentage, so the monthly fee total moves with a term nobody can predict from public information.
There is deliberately no APR here. An annualised cost needs a term, and this product has none until it is quoted. The 67.89% figure that circulates for Capify comes from one of its business-loan examples, not from an advance, and repeating it against a merchant cash advance would be a borrowed number rather than a finding. The defensible statement is the one in the table: on £24,000, the money costs somewhere between roughly £6,900 and £11,700, and the quote decides where.
Capify MCA Eligibility
Who Can Apply
Capify’s broker guidelines are blunt about who this is for: “Must be a sole trader or partnership.” Limited companies are directed to the business loan instead. That is a harder line than this page drew previously, and it is the first thing to establish before anyone runs a quote for you.
Expect a personal stake in the outcome as well. Capify’s broker flow asks for details of every director and major shareholder, a credit assessment on majority shareholders and anti-money-laundering checks on beneficial owners. Whether a personal guarantee is required is not published for the advance, so ask, and get the answer in writing before you sign anything.
Turnover and Trading History
The published threshold is £20,000 of turnover a month (£240,000 a year) and at least six months of trading. Note that Capify says turnover, not card takings. For a business whose card share is modest that distinction decides whether you qualify, and Capify’s material does not resolve it, so put it on the list of questions for the broker.
Six months is the current figure, not twelve. Older Capify pages said twelve, this page said twelve, and the broker guidelines updated on 7 July 2026 say six. Where a company’s own pages disagree, the more recent one is the one to act on, and this particular discrepancy matters, because it decides whether a young business bothers applying at all.
Business Types Accepted
Beyond legal structure, Capify publishes a list of sectors it will not fund under any circumstances. It is worth scanning before you spend an afternoon on an application.
Sectors Capify says it cannot fund
Adult entertainment · betting and gambling · business investment · cheque cashing · collection agencies · credit repair and credit risk · debt consolidation · drug paraphernalia · firearms dealers and gun shops · free trials · grants and grant funding · insurance · ticket brokers · mortgage or pension modification · medical marijuana · modelling agencies · non-profits · pawn shops · payday loans · prepaid mobile cards only · PPI claims · “get rich quick” or self-help seminars · subscriptions · travel agencies.
Adverse credit is handled separately, and generously by the standards of this market. Be careful with the detail, though: the criteria Capify publishes are attached to Capify Flex, its loan for businesses with difficult histories, rather than to the advance. Those allow up to three CCJs worth no more than £10,000 in total over three years, consider previous bankruptcy, and consider previous insolvencies where there is common ownership. Do not assume the advance is assessed on identical terms.
Capify MCA Application Process
How to Apply for a Capify MCA
There is no direct application route for the advance now, so it begins with a broker submitting your details. Capify’s published broker flow then runs in six steps: identification and bank statements go in, the broker team confirms whether you qualify, and an initial quote follows covering how much you can raise and how long the term will be.
You then connect Open Banking or supply six months of bank statements. Capify allows you to refuse the Open Banking link, but says doing so “will delay a response by up to 4 working hours”, which tells you how much of the underwriting rests on seeing the account move rather than reading the file.
Documents and Checks Required
For deals under £125,000, Capify asks for the Open Banking link or six months of statements (twelve for seasonal businesses, or for offers above £50,000) plus the company name, a credit assessment on majority shareholders and AML checks on beneficial owners.
Above £125,000 the list lengthens considerably: twelve months of statements, an HMRC summary covering the last twelve months, last filed and management accounts, an up-to-date balance sheet, and a landlord reference depending on the business type. The claim this page carried previously (that pre-approval runs on a soft search with no credit check) does not survive contact with that list, and we have removed it.
Decision and Funding Timeline
Capify says funds typically reach the account within 24 hours of approval, and pays its brokers ten working days after funding. Speed is genuinely this product’s strongest claim, and nothing we checked contradicts it.
What Capify does not tell you is how long you will be repaying. The term is set in the quote, deal by deal, and no typical range appears anywhere on the site. The three-to-twelve-month figure this page carried previously had no current source behind it, so it has gone.
Capify MCA Repayment and Cash Flow
How the Percentage-of-Sales Repayment Works
Capify collects “a percentage of their daily card payments, Monday – Friday”. That is the whole of what it publishes. The percentage (the holdback) is agreed before you sign and appears nowhere on the site, which means the worked example every reader wants cannot honestly be built from public evidence.
For a sense of scale, 365 Finance runs the same model and does publish a typical range, at 5% to 15% of card sales. On a £1,000 card day that is between £50 and £150 diverted before the money reaches you. Use it as a sanity check on whatever Capify’s broker quotes, not as a figure to attribute to Capify.
Cash Flow Impact in Slow and Busy Periods
The percentage mechanism cuts both ways, and it is worth being clear-eyed about which way it cuts hardest. A quiet fortnight takes less from you, and that is a real protection which a fixed loan repayment simply does not offer.
But the total is fixed, so a downturn does not reduce what you owe. It only stretches how long you carry it, and the monthly fee runs for as long as the advance does. The trap to avoid is the one every reader of this product eventually meets: topping up an advance to cover a slow patch stacks one fixed cost on top of another, and that is how a cash-flow tool turns into a debt cycle.
Capify MCA Customer Reviews
What Customers Like
Capify scores 4.7 out of 5 from 725 reviews on Trustpilot, checked on 18 August 2026: Excellent, by Trustpilot’s own labelling. For a lender whose customers have often been turned down elsewhere, that is a strong showing, and the praise is consistent: a named account manager, quick answers, and a yes.
Two caveats belong beside it. The score covers Capify as a brand rather than the merchant cash advance specifically, and the recent reviews we read describe business loans. Trustpilot also displays its own notice on the profile: the company “hasn’t invited customers recently, so reviews may not be representative”. Read the score as evidence about Capify’s service, not about this product’s cost.
What the Reviews Do Not Tell You
We are not going to characterise the complaints. Doing that properly needs a documented sample of reviews mentioning the advance, the daily holdback, fees, early settlement or renewal, and we have not built one, so any summary here would be an impression dressed up as research. The line this page previously carried, that the recurring complaint is cost, had no such sample behind it.
What the profile does show is that Capify has replied to 100% of its negative reviews, typically within a week. That is a reasonable proxy for how a dispute is likely to be handled, and it is more than most of this market manages.
Capify MCA Support and Regulation
Customer Support
Capify runs a named-account-manager model rather than a call-centre queue, and it is the thing reviewers mention most often. One contact who already knows the file is worth something when a repayment question lands mid-week.
Complaints go to Capify first, on 0800 151 0980 or in writing to Customer Complaints, Hamilton House, 249 Church Street, Altrincham WA14 4DR. Its complaints page sets out an internal escalation and nothing beyond it: no FCA reference number, and no mention of the Financial Ombudsman.
Regulation, Legal Entity and Complaints
This page previously told you that “Capify Ltd is FCA-authorised (reference 720390)”. That was wrong, and it was wrong in a way worth correcting in public: firm reference 720390 belongs to Mati Ltd of Christchurch, a firm no longer registered as a payment services agent and unconnected to Capify. Three separate questions sit behind the one that sentence tried to answer, and they have three different answers.
Which company would you actually be contracting with?
Capify is a trading name, not the counterparty. Its own site states that “Capify is a trademark licensed to United Kapital Limited (company registration number 06575165), Capify Uk Limited (Company Number 10183728)”. At Companies House, 06575165 is United Kapital Limited, registered for other credit granting; 10183728 is Capify Limited, registered for other business support activities. Both are active and share the Altrincham address. Ask which entity is named on your agreement, because they are not the same company and only one of them is set up to lend.
Is Capify FCA-authorised?
Not as a lender. On the Financial Services Register, United Kapital Limited holds firm reference 975046 as an Introducer Appointed Representative, a status it has held since 3 May 2022. An introducer may pass customers to another firm and hand out certain marketing material, and nothing more; responsibility for regulated business sits with its principal, which here is Swoop Finance Limited (firm reference 936513, authorised since 28 July 2021).
Two further Capify Limited entries appear on the register, references 955140 and 820601, both marked no longer registered under the Money Laundering Regulations. None of this makes Capify improper (a commercial advance to a business does not require authorisation), but “FCA-authorised” is not an accurate description of what you would be dealing with.
Could you take a complaint to the Financial Ombudsman?
Possibly, and the honest answer is that it depends on what went wrong and who did it. On size you would almost certainly qualify: the Ombudsman can consider complaints from micro-enterprises, meaning fewer than ten staff and turnover or a balance sheet under €2m, and from small businesses with turnover under £6.5m that either employ fewer than 50 people or have a balance sheet under £5m. Between them those thresholds cover roughly 99% of UK businesses.
The harder test is the subject matter. The Ombudsman looks at complaints about firms it covers, and for an appointed representative it looks at what that representative did on its principal’s behalf. An advance written as a purchase of receivables is not a regulated credit agreement, so a dispute about its terms is unlikely to reach the Ombudsman even where a complaint about an introduction might. Do not plan around the Ombudsman as a backstop here. Read the agreement as though it is the only protection you have, because it very probably is.
Capify MCA vs Alternatives
Capify MCA vs Liberis
Liberis runs the same card-sales model and is worth a quote alongside any Capify offer, but check its structure as carefully as its price. Its own footer states that “Liberis is not authorised or regulated by the Financial Conduct Authority and the Financial Ombudsman Service will not be able to consider a complaint about Liberis”. That is unusually candid, and it tells you the protection question sits in the same place as it does with Capify.
Liberis has also reorganised its UK range, which now runs under names such as Working Capital and Flex Capital rather than a single business cash advance, so the product you are quoted may not match older comparisons, this page’s included. Ask for the total repayable and every fee, then set that against Capify’s total in pounds. Neither company prices in a way you can compare at a glance.
Capify MCA vs Capify Unsecured Business Loan
For most limited companies this is not a choice at all. Capify’s broker guidelines route limited companies to the business loan, which needs £10,000 of monthly turnover rather than £20,000, and reserve the advance for sole traders and partnerships.
Where you can choose, the difference is the shape of the repayment. The loan collects fixed daily or weekly debits and carries a £24.90 monthly service fee; the advance takes a share of card settlement and carries a £25 monthly Cashplus fee where a Cashplus account is used. If your takings swing week to week the advance is kinder to you. If they are steady, the loan is easier to plan around.
When a Business Loan May Be Cheaper
iwoca’s Flexi-Loan (49% representative APR) and Funding Circle (from 6.9% APR) both cost far less than any plausible advance, and both publish what they charge, but they want a reasonable credit file and, in Funding Circle’s case, a limited company with a year of trading behind it. 365 Finance is the closer like-for-like: same card-sales model, £10,000 to £500,000, six months trading, £10,000 a month in card takings, and a published 5% to 15% share of sales.
That is the trade in one line. You are buying access and speed from Capify, and the price of them is a number you cannot see until a broker decides to show it to you. If a cheaper door is still open, take it.
How the broker’s commission affects the rate you are offered
One thing worth knowing before anyone quotes you. Capify’s Broker Buy Rate Scheme lets the broker choose their own margin, in Capify’s words: “you have the ability to choose your earnings! If you sell at a higher rate, you could earn up to 8% commission. Alternatively, you can offer your clients a lower and more competitive rate and take slightly less for yourself.” The rate you are offered is therefore partly a decision about somebody else’s income, which makes it negotiable in a way a bank’s rate is not. Ask what the buy rate is, and ask more than one broker.
iwoca Business Loan
Funding Circle Business Loan
365 Finance Merchant Cash Advance
Final Verdict: Is the Capify Merchant Cash Advance Worth It?
A Capify merchant cash advance still makes sense on a narrow profile: a sole trader or partnership, six months or more of trading, £20,000 a month through the business, cash needed this week, and the cheaper lenders already gone. On that profile it does something the alternatives will not do at all.
What has pulled us back from a firmer recommendation is not the cost. It is that the cost is no longer visible. Capify has taken the product off its own site, publishes no factor rate, no holdback and no term, and has not touched its fee schedule since February 2023. Every confident-sounding figure you will find elsewhere (including the 68% APR this page itself carried until today) is either a business-loan number wearing the wrong label or an echo of a page Capify has deleted.
So our advice is procedural rather than a verdict on the product, and we would rather be useful than decisive. Get the contracting entity, the factor rate, the holdback percentage, every fee and the expected term in writing. Price the total in pounds rather than as a rate. Put a 365 Finance quote beside it, since 365 publishes its eligibility and its share of sales openly. If a broker will not give you those figures before you commit, you have your answer.
Frequently Asked Questions
Can I still get a Capify merchant cash advance?
Through a broker, yes. Directly from Capify, no. Capify has removed the merchant cash advance from its own website: the old product URLs now redirect to its Supplier Invoice Payment page or return HTTP 410 Gone, and the product appears in neither the navigation nor the sitemap. Its broker page, updated on 17 August 2026, still offers it at up to £500,000. Checked 18 August 2026.
Is a Capify merchant cash advance a loan?
No. It is structured as the purchase of your future card receivables, which is why the price is a factor rate rather than an APR, and why it sits outside the FCA consumer-credit rules. The practical effect is similar (a lump sum now, more repaid later), but the legal difference decides what protection you have if the deal goes wrong. Checked 18 August 2026.
How much does a Capify MCA cost?
Capify no longer publishes a factor rate, so nobody can tell you honestly without a quote. What it does publish is a fee schedule dated 9 February 2023: a processing fee of £249 to £749 by advance size, an origination fee of up to 6%, and a £25 monthly Cashplus fee where applicable. On a £24,000 advance, a 1.20 factor rate would mean £28,800 repayable and roughly £30,900 all in; at 1.40 it would be about £35,700. Those factor rates are our illustration, not a Capify quote.
How quickly can I get funded by Capify?
Capify says funds typically arrive within 24 hours of approval. Before that, a broker submits your details, you connect Open Banking or supply six months of bank statements, and Capify’s credit team decides. Declining the Open Banking link is allowed, but Capify says it delays the response by up to four working hours.
What happens if my card sales drop?
The deduction is a percentage of each day’s card settlement, so a slow week takes less from you and a busy one takes more. What you owe does not change, because the factor rate fixes it at the start. A downturn stretches the advance out rather than shrinking it, and the monthly fee runs for the whole of that longer period.
Can I repay a Capify MCA early?
Paying early shortens the advance but does not reduce the total, because a factor rate is a fixed multiple rather than interest that accrues over time. Whether Capify charges anything for early settlement is not published for the merchant cash advance, so ask for the early-settlement clause in writing before you sign.
Is Capify regulated by the FCA?
Not as a lender. On the FCA register, United Kapital Limited (the company Capify’s trademark is licensed to) is an Introducer Appointed Representative, firm reference 975046, of Swoop Finance Limited, firm reference 936513. An introducer may pass customers to another firm and nothing more. The reference 720390 that circulates for Capify, including on this page until today, belongs to an unrelated firm called Mati Ltd. A commercial merchant cash advance does not require authorisation, but it is not accurate to call Capify FCA-authorised.
Methodology and Disclosure
How We Reviewed the Capify Merchant Cash Advance
What we assessed. We reviewed the Capify merchant cash advance on availability, pricing, fees, eligibility, the application process, repayment mechanics, customer sentiment, and the legal and regulatory position of the companies behind it. Availability came first this time, because Capify’s public position on the product changed and most published descriptions of it have not caught up.
How we ranked the evidence. Live primary evidence outranks a dated provider publication, which outranks a BusinessExpert calculation, which outranks a legacy page, which outranks an indexed search result. We checked HTTP status codes and redirects directly rather than trusting search listings, which is how we established that two Capify pages behind widely quoted figures now redirect or return 410 Gone.
Publication dates and check dates are different things. Capify’s fee schedule was reachable on 18 August 2026 and states it was updated on 9 February 2023. Both dates appear against every fee on this page, because a fee you can still read is not the same as a fee somebody has confirmed.
What we calculated, and what Capify publishes. Capify publishes the fee schedule. BusinessExpert calculates the total cash cost, and every assumption behind it is listed beside the table. We have published no annualised figure, because annualising needs a term and this product does not have one until it is quoted.
Review evidence. The Trustpilot score is brand-level and was read on 18 August 2026. We did not build a documented sample of merchant cash advance reviews, so we make no claim about what advance customers specifically complain about.
Where the sources disagree
Four kinds of evidence circulate about this product and they do not tell the same story. Setting them side by side is more useful than quietly picking one.
- Capify’s live consumer pages no longer mention a merchant cash advance at all.
- Capify’s live broker pages still sell one, at up to £500,000, for sole traders and partnerships with six months of trading and £20,000 of monthly turnover.
- Capify’s published fee schedule still carries a merchant cash advance fee table, and states it was last updated on 9 February 2023.
- Search results and third-party listings still surface a £1,000,000 maximum, a 1.2–1.5 factor rate and a 12-month trading requirement. Each of those traces to a Capify page that now redirects or returns 410 Gone.
Where they conflict, we have followed the live page over the indexed one, and the more recently updated Capify page over the older. An indexed title tells you what a page used to say. It is a clue about where to look, never a substitute for looking.
Update cadence. We re-check availability, fees and eligibility on this page at least quarterly, and sooner if Capify’s broker pages change. We have no affiliate relationship with Capify, and none that affects this assessment. See our editorial policy.