Lender panel
Capify through Lyft Money
Capify is one of Australia's longer-established alternative SME lenders, offering unsecured business loans and merchant cash advances to small businesses. It is particularly associated with revenue-linked funding for retail and hospitality operators, where repayments can be tied to card takings rather than a fixed weekly amount, matching cost to trading volume.
Lyft Money is an independent broker. Capify is one of 18+ lenders on our panel; we are not Capify and do not speak for them. Product details change — your broker confirms current terms before anything is submitted.
| Typical amounts | $5,000 – $400,000 |
|---|---|
| Typical speed | Commonly one to three business days |
| Products we place | Merchant cash advance, Unsecured business loan |
| Website | www.capify.com.au |
Where Capify is strong
- Merchant cash advance option with repayments linked to card sales
- Long operating history in the Australian alternative lending market
- Suited to retail and hospitality businesses with strong card turnover
Things to weigh up
- Merchant advances are priced on a factor rate, not an interest rate
- Early repayment usually saves little because the total is fixed at the outset
- Effective annual cost can be high relative to term lending
Capify's merchant cash advance suits a specific shape of business: strong card takings, seasonal or weather-affected trade, and a need for funding that eases off when takings do. Because repayment is a share of daily card settlements, quiet weeks cost less than busy ones, which is a real advantage for a café or a retailer.
The cost is expressed as a factor rate, which is not an interest rate and cannot be compared with one directly. We convert it to a total repayable and an approximate annualised cost so the comparison against a term loan is honest. Where a business has the trading history for cheaper funding, we say so.
Key terms
Capify merchant cash advance
An advance repaid as an agreed percentage of daily card takings until a fixed total is repaid, priced using a factor rate rather than an annual interest rate.
Capify business loan through a broker
A fixed-term unsecured small business loan arranged by an accredited broker, with regular scheduled repayments.