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Bizcap launches Line of Credit Ultra, offering SMEs fast, invoice-backed loans up to $500K with low initial rates.
Small and medium-sized enterprises in Australia, New Zealand, and other markets now have access to Line of Credit Ultra, a new fast financing product from Bizcap offering $50,000 to $500,000 in credit with funds available within 24 hours and initial rates as low as 1.25% per week for four weeks.
Designed for businesses needing on-demand capital, it uses outstanding invoices as collateral, providing an alternative to traditional invoice financing.
The streamlined process requires minimal documentation, and Bizcap’s underwriting considers qualitative business factors beyond standard credit metrics.
Available through select financial advisers via the Tick 'n' Flick service, the product has drawn positive early feedback and supports cash flow management, payroll, and short-term projects.
Bizcap, a global non-bank lender, has funded over 42,000 SMEs with $1.9 billion and maintains a 4.9/5 Trustpilot rating.
Bizcap lanza Line of Credit Ultra, ofreciendo a las pymes préstamos rápidos respaldados por facturas de hasta $500K con tasas iniciales bajas.