Read The Times Australia

Daily Bulletin

Bizcap Joins AFG's Lending Panel to Expand SME Financing Options

  • Written by: PR Newswire Asia - Daily Bulletin Au RSS

MELBOURNE, Australia, Feb. 26, 2025 /PRNewswire/ -- Melbourne, Australia, February 26th: Bizcap, a leading provider of fast, flexible business loans, has joined the Australian Finance Group's (AFG) lending panel, giving brokers greater access to funding solutions for SMEs. With 57% of Bizcap customers having been rejected by other lenders, this partnership provides brokers with more options to support businesses that don't meet traditional lending criteria.

AFG's extensive broker network can now offer Bizcap's short-term business loans and line of credit products, featuring quick approvals, minimal documentation, and tailored financing—reinforcing AFG's commitment to diverse lending solutions for Australian businesses.

Enhancing Access to SME Finance

Bizcap takes a structured yet flexible approach to lending, considering both quantitative and qualitative factors. With approvals in as little as three hours and funding typically within 24 hours, Bizcap helps SMEs pursue growth opportunities, manage cash flow, and cover unexpected expenses.

Bizcap will provide AFG's brokers access to:

  • Business loans ranging from $5,000 to $5,000,000
  • Business Line of Credit for ongoing financial flexibility
  • Fast-track approvals with a low-doc application process
  • Funding for a broad range of industries, including those underserved by mainstream lenders

"Joining AFG's lending panel is a significant milestone in Bizcap's commercial lending expansion," said Rebecca Del Rio, Chief Revenue Officer at Bizcap. "With 57% of our customers coming to us after being declined elsewhere and 50% choosing Bizcap for our speed, it's clear there's high demand for fast, flexible funding. Brokers play a critical role in bridging this gap, ensuring SMEs get the financial support they need when traditional options fall short."

"Partnering with AFG strengthens our commitment to brokers, helping them support their SME clients with alternative lending options that complement traditional finance. It also reinforces Bizcap's position in the commercial lending space as we expand into new markets like Singapore and the UK, ensuring SMEs globally have access to the capital they need to grow."

AFG Strengthens SME Lending Offerings

As one of Australia's largest mortgage aggregators, AFG equips brokers with a diverse range of financial products. Adding Bizcap expands their commercial lending options, supporting brokers with more solutions for SME clients needing fast, flexible funding.

AFG Head of Sales and Distribution Them Lam said the expanding demand for commercial finance offerings was the driver for AFG to welcome Bizcap to the panel.  "AFG is very pleased to be working with the team at Bizcap to help meet the needs of our brokers as they further build their businesses by diversifying into commercial finance," he said.  "The addition of Bizcap to the panel means more competitive lending options are available to our brokers to help them support Australian SME business operators at a time when they really need it."

David Smith, Head of Lending at Bizcap, added: "Our Tick n Flick model makes it even easier—brokers simply send us the deal, and we take care of the rest with dedicated loan specialists to support along the way."

Brokers interested in learning more about Bizcap's offerings can visit bizcap.com.au, contact their AFG relationship manager or Nathan Evans from Bizcap via nevans@bizcap.com.au

About Bizcap

Bizcap is Australia's most open-minded business lender, providing fast and flexible financing to SMEs across Australia, New Zealand, Singapore, and the UK. Since its inception in 2019, Bizcap has funded over 27,000 business loans, totaling more than $1 billion, and holds a 4.8/5 Trustpilot rating.

Media Contact

Chloe BarnesSenior Marketing and Content Managercbarnes@bizcap.com.au

Authors: PR Newswire Asia - Daily Bulletin Au RSS

Read more https://www.prnasia.com/story/archive/4626593_AE26593_0

Business News

How Businesses Can Prepare for Unexpected Power Outages

Power failures can occur quickly. The supply may be interrupted by bad weather, issues with the electricity network, damaged equipment or local construction work. This can be just a hassle for a fam...

Daily Bulletin - avatar Daily Bulletin

How Chatswood Tutoring Can Fit Into a Student’s Weekly Routine

Create a Predictable Weekly Structure A consistent weekly routine can make study easier to manage when students are balancing several subjects. Chatswood tutoring can provide a fixed learning point a...

Daily Bulletin - avatar Daily Bulletin

The Rise of Digital Marketplaces in the Australian Trade Sector

For decades, the Australian trade and construction sector operated almost entirely on word-of-mouth recommendations and local community networks. Small business owners typically relied on local newspa...

Daily Bulletin - avatar Daily Bulletin

How Immigration Lawyers Can Help

Introduction Visa decisions can shape employment, family life, study plans, travel, and future residence. A small omission can lead to delay, added expense, or refusal. Immigration lawyers assess l...

Daily Bulletin - avatar Daily Bulletin

How Industrial Drying Equipment Supports Efficient Processing

Many industrial processes require moisture to be removed from compressed air, products or process materials before they move to the next stage. Excess moisture can affect equipment performance, produc...

Daily Bulletin - avatar Daily Bulletin

Practical Ways a Whiteboard Can Improve Workplace Communication

Effective communication helps teams stay organised, share ideas and keep track of important information. While digital tools are now common in many workplaces, a whiteboard continues to provide a simp...

Daily Bulletin - avatar Daily Bulletin

Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

Daily Bulletin - avatar Daily Bulletin

Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

Daily Bulletin - avatar Daily Bulletin

The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

The Importance of Reliable Plumbing Services During Home Renovations

A freshly renovated bathroom can make an ordinary Monday morning feel a little more inviting. The ne...

Backyard Living Options for Campbelltown Homes: What Works Best?

You know that feeling at the end of a long, busy week when all you want is a calm spot outdoors, whe...

Smart Wardrobe Storage Ideas for Small Sydney Apartments and Bedrooms

A well-designed wardrobe is one of the most useful things a home can have. It's meant to keep clothe...

Colorbond Fencing in Australia: Costs, Colours, Rules and What Actually Lasts

Drive through almost any Australian suburb built in the last thirty years and you are looking at the...

Why Your Dental Clinic Is Not Getting Enough New Patient Bookings From Google

Introduction SEO for Dentist is not just about getting a dental clinic to appear somewhere on Goo...

Low Water Pressure in Sunbury: Is the Problem Inside Your Home or Outside It?

Low water pressure is one of those problems that can send a homeowner in the wrong direction. A we...

4 Beige Rugs for Beautiful and Comfortable Wooden Flooring

Wooden flooring already brings warmth and character to a room, but a beige rug can make that found...

How to Fix Poor Subfloor Ventilation in Older Homes

Older homes have character, but many were built before today's ideas about moisture and airflow were...

Early Engagement on Instagram: What Those First Reactions Really Tell You

The first few hours after an Instagram post goes live are worth paying close attention to. A massi...