The Australian non-bank lender continues to expand, increasing its lending limits as demand from small and medium-sized enterprises (SMEs) keeps climbing across the nation.
The Melbourne-based company is now offering SME loans up to $7.5 million, up from its previous $5 million limit, and expanding its reach in the non-bank lending space in the process.
Bizcap Co-Founder and Co-Chief Executive Officer Zalman Blachman (pictured above left) said the move comes in direct response to growing market demand – and on the back of a $6.4 million deal that Bizcap funded.
"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," Blachman said.
"We're seeing growing demand from brokers who are looking for solutions for clients with more complex structures, larger loan requirements and tighter deadlines."
Bizcap co-founder Abraham White (pictured above right) also noted that raising the funding cap makes it easier for small businesses to access the capital they need.
“This is exactly why we started Bizcap," he said. "To back businesses with bespoke, outside-the-box lending requirements when traditional providers won’t."
Approvals can be as quick as three hours, with funding for smaller loans received within 24 hours, the company said.
The need for SME loans has increased in Australia in the midst of tighter regulatory requirements, global uncertainty, rising costs and as more and more Aussies embark on entrepreneurship post pandemic.
As of June 2025, there were more than 2.7 million businesses in Australia, an increase of 2.5% from the previous year, according to the Australian Bureau of Statistics (ABS). Yet despite the growing number of SMEs seeking capital, banks are more cautious than ever when it comes to extending funding.
Brokers can capitalize by understanding the various options, such as non-banks, and offering customized solutions.
In the case of Bizcap, which specializes in SME loans, the firm has funded more than $1.9 billion in loans since its 2019 inception. In February, the non-bank joined the Australian Finance Group's (AFG) lending panel.
The Bizcap currently offers loans in Australia, the UK, Singapore and New Zealand. And in addition to expanding its lending limits in Australia, Bizcap has increased its loan size in New Zealand as well to $4 million NZD, up from $2 million NZD.
Bizcap chief revenue officer Rebecca Del Rio told Australian Broker that the firm is prioritizing investments in technology, talent and processes.
"There's a lot of really exciting things happening at the moment," she said. "And our product and our company is very stable and scalable.
"We're just getting started," Del Rio said.
