Advisers gain more options as Bizcap boosts lending power
Bizcap has expanded its lending capacity for small and medium-sized enterprises (SMEs), lifting its New Zealand loan limit to $4 million and Australia’s to AUD$7.5 million.
The move responds to growing demand from Kiwi brokers and business owners for larger, more flexible funding solutions. It follows record uptake of Bizcap’s Business Line of Credit, which now accounts for 41% of NZ deals, and the launch of Bizcap Prime Loans, designed to give SMEs lower-rate, long-term funding alongside its short-term options.
Brokers gain more options as Bizcap lifts caps
Co-founder and Co-CEO Zalman Blachman (pictured left) said higher caps will give advisers more tools to support clients.
“We’re seeing growing demand from brokers who are looking for solutions for clients with more complex structures, larger loan requirements and tighter deadlines,” Blachman said. “By lifting our funding limits, we're not only supporting SMEs directly, but also providing brokers with a powerful option to get challenging deals across the line.”
In Australia, Bizcap recently finalised a $6.4m bridging loan to support a hotel settlement within days, underscoring the company’s capacity to deliver substantial funding at speed.
Co-founder Abraham White (pictured right) said the latest expansion reinforces Bizcap’s mission to back businesses that don’t always fit the mould.
“This is exactly why we started Bizcap: to back businesses with bespoke, outside-the-box lending requirements when traditional providers won't,” White said.
Broker partnerships central
Bizcap partners with advisers and brokers to deliver funding across a wide spectrum of needs. Its local credit specialists assess the overall financial health of a business – not just credit scores – and support brokers throughout the referral process.
Founded in 2019, Bizcap now operates across New Zealand, Australia, Singapore, the UK and Europe. The lender has funded more than 42,000 SMEs, totalling $1.9 billion, and holds a 4.9/5 Trustpilot rating.
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