Capify secures a £75m credit facility from Goldman Sachs Private Capital to expand its lending business.
Goldman Sachs Private Capital provided the multi-year credit facility to support future growth and SME lending.
Capify is a financial technology company that provides alternative business loans and merchant cash advances to small and medium enterprises. The firm operates in the UK and Australia, delivering accessible working capital solutions.
Alternative finance provider Capify has secured a £75m credit facility from Goldman Sachs Private Capital to expand its lending operations for small and medium enterprises across the UK. The new capital will support the company over the coming years as it delivers merchant cash advances and business loans to British firms.
Established in the UK market in 2008, Capify has previously executed over 9,000 transactions and delivered £150m in financing. The latest multi-year facility aims to accelerate business growth and provide increased access to capital for smaller enterprises.
From the founder
"This is a landmark achievement for Capify and we are very pleased that we have secured this financing with Goldman Sachs, one of the premiere capital providers in the world,"
David Goldin
Founder and CEO at Capify
Investor perspective
"Capify is one of the leading SME finance providers in the UK. We have been impressed with the management team, business model and innovative finance solutions for SMEs. We look forward to supporting their growth in the years ahead."
Pankaj Soni
Executive Director, Goldman Sachs