Katten and Katten UK assisted FinTech company Capify in its efforts to secure a multimillion-pound credit facility from Goldman Sachs to support Capify's growth in the UK and Australian markets. Capify is an online lending platform specializing in merchant cash advances (MCA) for small- and medium-sized businesses (SMEs).
The cross-border team includes Banking partner Peter Englund (London) and Structured Finance and Securitization partner Mitch Sprengelmeyer (Charlotte, NC), who represented Capify on the UK and US sides of this deal. The team also included London Commercial Finance associate Victoria Sinton and Charlotte Structured Finance and Securitization associate Joseph Shealy, among others. Katten looks forward to continuing to work with Capify in the next phase of its business.
- "Online lender secures ‘landmark’ £75m credit facility from Goldman Sachs," AltFI, January 16, 2019
- "Goldman Sachs gives £75m boost to lending fintech Capify," Yahoo Finance UK, January 16, 2019