The 2023 Credit Awards, crowned Altrincham-based Capify the ‘SME lender of the year’.
The evening took place in London’s Grosvenor House on June 1st 2023 with Katherine Ryan as celebrity host.
The awards cement recognition from the industry and beyond of innovation as well as best-practice in the finance services.
The SME, born in 2008, faced big competition in their segment which included banks, fintechs, asset finance providers, invoice finance companies, and P2P businesses.
On reflection of their win, John Rozenbroek of Capify said:
“This award is recognition of the amazing work the whole Capify team have undertaken over the past year and our commitment to serving the UK’s vital SME community. For many UK SMEs, access to finance can be a real barrier to growth and we are delighted that our innovative and flexible approach to serving this segment of the economy has been recognised”.
Capify’s Q1 2023 business confidence survey revealed that 55% of SMEs are uncertain in their ability to secure finance from their traditional banking partners. “This is where we step in”, Rozenbroek adds. “As an alternative lender, we pride ourselves on our agile yet responsible approach, enabling us to promptly provide the much-needed funds to this underserved audience. In fact, we can approve and transfer funds to the applicant’s account in as little as 24 hours.”
Capify was born out of the desire to offer small businesses an alternative way to quickly access responsible business finance when many firms were struggling to navigate the impact of the global financial crisis. With offices in the UK and Australia and approximately 120 employees, it continues to support smaller businesses with funding to meet the challenges and opportunities of today’s economic climate.
