Terms of Use
These Terms govern access to and use of capify.gr and the commercial financing services provided by Capify.
1. Introduction & Scope
1.1. These Terms of Use (the “Terms”) govern access to and use of the website capify.gr (the “Website”), operated by Capify (the “Company” or “Capify”).
1.2. The Terms apply to every visitor, user and business that submits a funding application or accepts an offer from Capify (the “User” or the “Business”).
1.3. By accessing the Website, submitting an application or accepting an offer, the User confirms that they have read, understood and unconditionally accepted the Terms. If you do not agree, please do not use the Website or Capify's services.
1.4. Capify is not a bank and does not offer banking services. It provides commercial financing products to businesses operating in Greece and Cyprus.
2. Definitions
In these Terms, the following terms have the meanings set out below:
- “Application”: the electronic submission of business information for the purpose of obtaining funding.
- “Assessment”: the eligibility check and financial review of the Application, including a soft credit check.
- “Offer”: the binding written funding proposal issued by Capify, stating the amount, fee and repayment plan.
- “Disbursement”: the transfer of the funding amount into the Business's bank account.
- “Fee”: the single, fixed financing fee expressed as a factor applied to the funding amount, with no interest or other charges.
- “Platforms”: the Business's online sales channels (e.g. Shopify, WooCommerce, Amazon) and its business bank account.
3. Services & Application
3.1. Capify offers three commercial financing products: Cash Advance, Fixed Instalment Loan and Rolling Financing. Their details are described on the Website.
3.2. Submitting an Application is free of charge and creates no obligation for the User.
3.3. Submitting an Application does not constitute a commitment to provide funding. Capify assesses every Application on objective criteria and reserves the right to decline without stating reasons.
3.4. Capify may request additional information or documentation (e.g. accounting, tax or banking records) to complete the Assessment.
4. Website Operation & Availability
4.1. Capify makes reasonable efforts to keep the Website available 24/7, but does not guarantee uninterrupted or error-free operation.
4.2. Capify may modify, suspend or discontinue, in whole or in part, the Website or its services, with or without notice.
5. Intellectual Property
5.1. All content on the Website (logo, texts, graphics, design) is owned by Capify or its lawful licensors and is protected by intellectual property law.
5.2. Reproduction, republication, distribution or any exploitation of Website content without Capify's written consent is prohibited.
6. Fees & Repayment
6.1. The cost of funding consists of a single transparent fee (typically expressed as a factor of 1.08–1.32 depending on the product and the repayment horizon). No interest, no origination fees, no hidden charges.
6.2. Repayment takes place daily, weekly or bi-weekly, over a 3–9 month horizon, either as a percentage of sales (Cash Advance) or via fixed instalments (Fixed Instalment Loan).
6.3. Early repayment is permitted at any time, with no prepayment penalties or charges.
6.4. Capify does not require personal guarantees, equity or mortgages.
6.5. The binding Offer sent to you before acceptance shows the total repayment amount.
7. User Obligations
7.1. The User must provide true, accurate and complete information at every stage of the Application and the cooperation.
7.2. The User consents to connecting their Platforms through secure, read-only access, for the purpose of the Assessment.
7.3. Misuse of the Website or the submission of false information is prohibited and may result in immediate termination of the cooperation.
8. Personal Data
8.1. The processing of the User's personal data is governed by Capify's Privacy Policy, which forms an integral part of the Terms.
8.2. Data collected through the Platforms is used exclusively for the Assessment and the management of the cooperation, in accordance with the General Data Protection Regulation (GDPR – EU 2016/679).
9. Disclaimer & Limitation of Liability
9.1. Website content is provided “as is” and does not constitute financial, investment, legal or tax advice.
9.2. To the extent permitted by law, Capify is not liable for indirect, incidental or consequential losses arising from the use of the Website.
9.3. Nothing in these Terms excludes or limits liability for fraud or for any liability that cannot be excluded or limited under applicable law.
10. Amendment of the Terms
10.1. Capify may amend the Terms at any time. Amendments are published on the Website with an updated “Last updated” date.
10.2. Continued use of the Website or services after an amendment constitutes acceptance of the amended Terms.
11. Governing Law & Dispute Resolution
11.1. The Terms are governed by Greek law. For Users in Cyprus, the Terms are governed by Cypriot law.
11.2. Any dispute is first addressed amicably with Capify's team.
11.3. If no amicable settlement is reached, the courts of Athens (for Greece) or Nicosia (for Cyprus) have jurisdiction.
12. Contact
12.1. For questions about the Terms, your application or our cooperation, you can contact Capify:
- Email: sales@capify.gr
- Phone: +30 210 000 0000
- Address: Kifisias Ave. 12, Athens (sample address — to be replaced)
12.2. These Terms are drafted in English and Greek. In case of discrepancy between the two versions, the Greek version prevails for Users in Greece, and the English version for Users in Cyprus.