Business loan declined by Capify, what next?

Why this triggers a decline

Capify says applicants must be a UK-registered business trading for at least 12 months with £10,000+ monthly turnover. Capify doesn't publish how often each decline reason occurs. Common reasons include: turnover below its minimum, too short a trading history, unsatisfied CCJs, an active winding-up petition or HMRC enforcement action, a sector it doesn't fund, and problems on a previous Capify facility.

Alternatives that work

• 365 Business Finance for slightly different MCA underwriting on the same card-flow profile
• Liberis for retail and hospitality card-flow MCA
• YouLend for marketplace and gateway flow (Amazon, Shopify, eBay)
• Asset finance against specific equipment where the asset is the security
• Specialist post-decline lenders for harder CCJ or HMRC cases

Lenders that may consider this

• 365 Business Finance (case-by-case on CCJ and HMRC arrears)
• Liberis (card-flow MCA, retail and hospitality)
• YouLend (marketplace and gateway flow)
• Bizcap (specialist post-decline)
• JPM Capital (specialist post-decline)

What to do first

1. Ask Capify for the main reason for the decline.
2. If the issue is card-flow volume, build 60 to 90 days of stronger card history before reapplying.
3. If the issue is HMRC arrears, set up a Time to Pay arrangement and document it before approaching alternatives.
4. If the issue is a recent CCJ, consider a specialist post-decline lender rather than reapplying to mainstream MCA.
5. Check whether the issue is sector; a sector decline is unlikely to change on a second application.

Not for

Active winding-up petitions, undischarged IVA, or sole-trader applicants (the FundBiz enquiry form is for limited companies, LLPs and partnerships with four or more partners). Those are restructuring or specialist-counsel cases, not cases for another finance application.