Capify: unsecured and secured business loans in Australia

Capify has been lending to small businesses since 2008, in Australia and the UK, and its Australian pitch is simple: check your eligibility in about 30 seconds, then get funded quickly, with or without security. What its website doesn’t do is spell out the bar you have to clear. There’s no published minimum trading period and no published turnover floor.

That isn’t unusual for online lenders, but it changes how you should approach one. This profile sets out what Capify does publish as at October 2026, what it leaves for the conversation, and the questions that close the gap.

What does Capify publish, and what does it leave out?

Here is what its Australian site says, and what you’ll need to ask:

Topic	What Capify’s website says	Ask them
Products	Unsecured business loan; secured business loan	Which product they’d steer you to, and why
Amounts	$5k to $2m+ (one banner says up to $1m)	The realistic ceiling for your turnover
Speed	Unsecured: within 24 hours; secured: 24 to 48 hours	Whether that’s from application or from approval
Security	None for unsecured; the secured loan’s security isn’t described	What asset they’d take, and whether a guarantee is needed
Fees	No hidden fees, no early repayment fees	The total payback in dollars, itemised
Eligibility	Not published as fixed thresholds	Minimum months trading and monthly turnover
Term and repayment rhythm	Not published	Length of term and whether debits are daily, weekly or monthly

The copyright notice names Ausvance Capital II Pty Limited as the licensee of the Capify trademark in Australia, which is worth knowing when you read a contract and see a different company name at the top.

How does Capify’s eligibility check work?

The online check asks for your trading history in four bands (under six months, six to twelve months, one to two years, and over two years) and your average monthly turnover. Capify says the check doesn’t affect your credit score.

Because the bands start at under six months, the form doesn’t rule newer businesses out. But a form accepting an answer isn’t the same as a lender approving it. Most unsecured online lending in Australia looks for at least several months of steady bank deposits, and newer businesses often find better footing with equipment finance or security. See our page on loans with an ABN under 12 months.

Unsecured or secured: which Capify loan fits?

The unsecured loan is the faster route: no asset is pledged and the site points to funding in about a day. It’s typically sized on what your bank statements show you can repay. Read our overview of unsecured business loans for how limits are usually set.

The secured loan reaches further but Capify’s site doesn’t describe what it takes as security. If it’s property, expect a valuation, a title search and more paperwork than the 24 to 48-hour headline suggests for some deals. Our page on secured business loans explains what security changes, including why it usually lowers the total cost.

Capify lists the uses you’d expect: covering bills, tax or suppliers, marketing, hiring, opening another store, upgrading equipment and buying stock.

Comparing a Capify offer with something else? Send us the basics of your business and we’ll say whether a cheaper structure is likely, and nothing gets lodged against your credit file for asking.

Who is Capify likely to suit?

Without published thresholds, fit is best judged by the shape of the business:

• Steady, card-heavy trading such as hospitality, retail and personal services, where deposits arrive daily and an online assessment reads them easily.
• A specific, short-payback need, like a stock run before a busy period.
• Owners who want a quick answer and are prepared to pay something for speed.

It’s likely to be a harder road for businesses with lumpy, invoice-based income (see invoice finance), anyone needing a long term to keep repayments light, and businesses already servicing two or more online loans.

How do I judge a Capify offer?

Because so much is settled in the offer itself, read it carefully:

1. Find the total repayable in dollars. That’s the one number that makes offers comparable. Our loan cost comparison calculator puts two side by side.
2. Count the debits. Total repayable divided by the number of payments shows the size of each individual debit.
3. Check the early payout wording. No early repayment fee doesn’t automatically mean the unused cost is waived.
4. Read the security and guarantee clauses, even on an unsecured loan. A general security agreement or personal guarantee is common.

Our guide to choosing between online lenders has a longer checklist.

If Capify says no, what else is there?

• Credit history issues: bad credit business loans from lenders who assess case by case.
• Bank declined you too: when you’ve been declined by the bank, that page ranks the realistic next steps.
• Property available: a caveat loan or second mortgage draws on equity fast and reaches well beyond unsecured limits.
• Already juggling short-term repayments: see refinancing expensive short-term debt.

Other online lenders profiled here include Bizcap, OnDeck Australia and Prospa.

When the published details run out, talk it through

A lender that publishes few hard criteria leaves you applying partly blind. We’d rather you knew your likely fit before any lender pulls your file.

Our form asks only what we need and takes around a minute. Making an enquiry leaves your credit report exactly as it was. Your information isn’t scattered to unfamiliar lenders. One of our specialists reads it end to end, then phones you to talk it over. The closer your answers are to your real turnover and trading history, the better the first suggestion will be.

Ask us which loan suits you →