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Bizcap reaches $1 billion milestone in loans issued

Bizcap reaches $1 billion milestone in loans issued

Bizcap reaches $1 billion milestone in loans issued

Bizcap reaches $1 billion milestone in loans issued


Bizcap, a leading small business lender in Australia and New Zealand, has achieved a significant milestone by providing $1 billion in loans to small business clients. This achievement follows the launch of their Business Line of Credit product, which offers small to medium enterprises continuous access to funds without the need for repeated applications.

Co-founder and joint managing director of Bizcap, Zalman Blachman, expressed pride in reaching the billion-dollar milestone. He emphasized the company’s commitment to supporting small business owners by offering lending solutions during periods of growth or financial need.

Since its establishment in 2019, Bizcap has expanded its operations to New Zealand and the United Kingdom, aiming to provide lending solutions and exceptional customer service to SMEs globally.

The company attributes its success to the crucial role played by brokers, advisers, and aggregators in empowering small business owners. Bizcap co-founder and joint managing director, Abraham White, highlighted the invaluable contribution of these industry professionals in achieving the billion-dollar origination milestone.

Moving forward, Bizcap plans to make its Line of Credit product widely available to SMEs through direct access and partnerships with brokers and advisers. The company anticipates a surge in funded deals with the introduction of this new product, offering flexibility and autonomy to business owners and brokers. Retailers, builders, childcare facilities, and other businesses have already benefitted from the Business Line of Credit to manage various financial needs efficiently.

By maintaining strong partnerships and focusing on innovation, Bizcap aims to continue making a positive impact on the lives of small business owners worldwide.

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