Client Review on Capify UK

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Embarrassing. They approve you for £30,000 for merchant finance after you sent them 12 months of processor statements, 6 months of bank statements and other documents. After a week (and approval) they tell you that they cannot fund an LTD set up by guarantee instead of shares. Now, since the company house is accessible by everyone you can clearly see from the very beginning this information as well as within the other documents provided. Also, it simply does not add up. Merchant Finance is pay back by withdrawing a set percentage from the daily sale directly from your payment processor so how can the difference between LTD by share and guarantee impact this? It also sounds a bit peculiar that this is advised to you after you have provided all docs, be approved etc.. Now, by reading other reviews it seems there is a common thread here of time wasting and dodgy decision . Stay well aware of this company.