.


It's time to change our drug dog policies to catch dealers, not low-level users at public events

Caitlin Hughes, Senior Research Fellow - Criminologist and Drug Policy Researcher, UNSW - avatar Caitlin Hughes, Senior Research Fellow - Criminologist and Drug Policy Researcher, UNSW

The use of drug dogs leads to riskier drug-taking at festivals. ShutterstockIn the early 2000s New South Wales became the first Australian state to introduce drug detection dogs for policing, with the...

Read more

I Need to Know: 'is it normal to get sore down there after sex?'

Melissa Kang, Associate professor, University of Technology Sydney - avatar Melissa Kang, Associate professor, University of Technology Sydney

Sex should never hurt. www.shutterstock.comI Need to Know is an ongoing series for teens in search of reliable, confidential advice about life’s tricky questions. If you’re a teen, send us...

Read more

The battle against bugs: it's time to end chemical warfare

Lizzy Lowe, Postdoctoral researcher, Macquarie University - avatar Lizzy Lowe, Postdoctoral researcher, Macquarie University

Does it really pay to spray? Dmitry Syshchikov/ShutterstockInsects are important wildlife often overlooked in urban habitats. What we do notice are the cockroaches, ants and mosquitoes in and around o...

Read more

Sailors' journals shed new light on Bennelong, a man misunderstood by history

Brett Goodin, Postdoctoral fellow in the Program in Early American Economy & Society, at the Library Company of Philadelphia.., Australian National University - avatar Brett Goodin, Postdoctoral fellow in the Program in Early American Economy & Society, at the Library Company of Philadelphia.., Australian National University

An undated portrait thought to depict Bennelong, signed "W.W." now in the Dixson Galleries of the State Library of New South Wales. Wikimedia Commons The natives of new Holland are perhaps the quicke...

Read more

The decoy effect: how you are influenced to choose without really knowing it

Gary Mortimer, Associate Professor in Marketing and Consumer Behaviour, Queensland University of Technology - avatar Gary Mortimer, Associate Professor in Marketing and Consumer Behaviour, Queensland University of Technology

The decoy effect is the phenomenon where consumers swap their preference between two options when presented with a third option. ShutterstockPrice is the most delicate element of the marketing mix, an...

Read more

Just like HAL, your voice assistant isn't working for you even if it feels like it is

Nathalie Collins, Academic Director (National Programs), Edith Cowan University - avatar Nathalie Collins, Academic Director (National Programs), Edith Cowan University

Space suits from the film 2001: A Space Odyssey on display at the Stanley Kubrick exhibition in LA. Matthew J. Cotter, United Kingdom, CC BY-NC-SAOf all the fictional virtual assistants we know from p...

Read more

A peace agreement in Afghanistan won't last if there are no women at the table

Susan Hutchinson, PhD Candidate, Australian National University - avatar Susan Hutchinson, PhD Candidate, Australian National University

Over the past weeks, the US government has been in peace negotiations with the Taliban. It has been 17 years since US and allied troops first deployed to Afghanistan to overthrow the Taliban and suppo...

Read more

Labor's lead cut to 51-49% in latest Ipsos poll

Michelle Grattan, Professorial Fellow, University of Canberra - avatar Michelle Grattan, Professorial Fellow, University of Canberra

The government has substantially narrowed the two-party gap in the Ipsos poll - it now trails Labor by just 49-51%, compared with 46-54% in December. The poll, reported in the Australian Financial Re...

Read more

Putting babies under general anaesthetic won't affect their development, new research shows

Michael Vagg, Clinical associate professor, Deakin University School of Medicine and Pain Specialist, Deakin University - avatar Michael Vagg, Clinical associate professor, Deakin University School of Medicine and Pain Specialist, Deakin University

A new study found no detectable impact on brain development. From shutterstock.comMaking the decision to operate on a baby or toddler can be complex and confronting for parents. It involves weighing t...

Read more

There's little reason for optimism about Closing the Gap, despite changes to education targets

Melitta Hogarth, Lecturer, University of Southern Queensland - avatar Melitta Hogarth, Lecturer, University of Southern Queensland

Again this year, the Closing the Gap report delivered disappointment. www.shutterstock.comThis week saw the release of the annual Closing the Gap report. Much like the previous decade of reports, we l...

Read more

Pages and prejudice: how queer texts could fight homophobia in Australian schools

Annamarie Jagose, Dean of the Faculty of Arts and Social Sciences, University of Sydney - avatar Annamarie Jagose, Dean of the Faculty of Arts and Social Sciences, University of Sydney

Books are a good starting place to make schools more inviting places for queer students. www.shutterstock.comRecently, the Australian Association for the Teaching of English (AATE) — the peak pr...

Read more

  • Written by Teresa Lane & Greg Rogers

At times, everyone who runs a small or medium business thinks about growth or worries about money. Financial stress is sometimes unavoidable because things do not always go to plan.


John de Bree
Capify's John de Bree

When a business needs financial assistance, Capify.com.au, led by John de Bree, provides cash support in the form of unsecured alternative finance  loans to help during a cash flow crisis or to assist with business development.

Given that the aim of any well run business is to use existing money, personnel and resources to make more money there will be times when unforeseen events occur. Suppliers could change their terms, or construction out the front may disrupt access by customers or stock might get held up on the docks. A list of potential disasters and trouble would be too long for this column.

A Capify business advance is useful both for aspirational borrowers who are looking to expand and for people experiencing short term dramas with cash flow and unforeseen circumstances.

Capify is not an angel investor looking to take a share in and mentor start ups. It is an alternative finance lender in the Australian financial market offering two loan products to successful businesses that are operated by ethical managers.

Capify is an alternative finance lender that has a long held policy of only engaging in responsible lending and is the only Australian alternative finance provider to have gone through a full credit cycle. All borrowers are subject to a credit check and requests are considered on the basis of a robust sophisticated credit model.

Factors such as: a borrower's experience based on how long the person has been in business, the type of business, serviceability and the owner's credit score are taken into account.

Merchant Cash Advance

One product, known as the MERCHANT CASH ADVANCE, provides a lump sum to a well run business, to use as the borrower chooses, providing capital to keep the business running during a crisis or in an expansion phase.

This Capify lending product assists businesses when they need working capital.

Capify is repaid with daily installments taken from cash flow based on a percentage of the borrower’s cash flow. The amount repaid each day is a percentage of takings and is tailored to each borrower's cash flow. On quiet days or in seasonal lulls, payments are reduced  but when business is trading normally, the loan repayments match the increased capacity to repay.

Capify determines loan requests based on different lending criteria to banks. Banks often require two years tax returns, a business plan and a cash flow forecast. On the other hand, Capify looks at a loan request from an alternative lender’s perspective, providing the best possible chance to obtain finance.

Business finance has evolved as technology has evolved. It is possible now to see how a business is operating from an examination of electronic cash transactions. The evidence of income needed to support a loan, can be found in at least six months of daily cash flow. Looking at daily figures and the history of a borrower are the points of difference between bank lending and alternative business funding.

Until Capify entered the market, banks were the primary source of business loans. The somewhat rigid requirements of a bank often meant that a viable business that did not match their criteria would "go under" or managers would "tough it out" or had to borrow from friends in desperation.

Business loans

Capify has other business lending products that fill gaps in the Australian credit market. When a bank declines a request for a loan on the basis of set criteria, a Capify Business Loan can be tailored to a borrower's individual needs.

Capify Business Loans up to around $400,000.00 are available to eligible applicants.

As a leader in the alternate business lending market, Capify is continually creating new loan products for businesses that do not meet historically inflexible bank requirements. Capify is more than just an alternative finance lender. It looks to add value to the businesses that it assists.

Key points to remember about Capify

Capify (formerly AUSvance) is a global conglomerate of four companies in the USA, Australia, UK and Canada and has a 13 year history.

Capify started in the U.S.A. in 2002 and in Australia in 2008.

Apply Online is Capify’s in-house custom-built online application engine which serves as a simple, end-to-end application process that produces funding decisions in less than 60 seconds.

Capify has a policy of not lending to start up businesses unless the loan applicant has had a previous businesses with a credit loan history.

Capify only lends to businesses.

Capify is not an angel investor.

Capify does not take an equity in a borrower's business

Capify provides  unsecured alternative finance options.

Capify lends to a business according to a set of lending guidelines that have evolved since the business was established in 2008. Capify lends money to a business (average facility is $45,000.00) based on a proportion of monthly income and based on evidence income from operations verified by payment processing receipts.

Capify is repaid by way of a daily percentage of income of a business from normal operations. If a business takes in cash on sales or services to the value of $3,000.00 a day for example, Capify will receive a pre determined percentage of that income to repay the interest and principle.

Capify considers credit history of the business owner and evaluates requests for finance on the basis of a professional opinion of likelihood of repayment.

Capify started in the U.S.A. in 2002 and in Australia in 2008.

Capify is a lender not a broker and sources its own funding for use in its loans.

Capify provides business loans to SMEs

Tags

Published as Capify is an alternative finance lender for SMEs in Australia.

LIfeStyle

Pay to Win – 6 Secrets to a More Confident You

Confidence is a powerful thing.If a person appears to be unwavering self-confidence, they most lik...

The Sunsafe Mummy - Keeping Your Baby Comfortable and Safe in Hot Weather

When the mercury rises in the summertime, it is essential that parents take steps to ensure that t...

Simple Ways to Minimise Bruising after Rhinoplasty

If you’re considering rhinoplasty, you’ll know that you need to prepare yourself for the bruis...

ECIGFORLIFE: Best Online Vaping Shop in Australia

Here you will find a comprehensive range of E-Cigarettes that includes everything you need from a va...