Bizcap Canada

Bizcap Canada: agile financing for Canadian SMEs

Bizcap Canada is a business financing entity operating in Canada as part of a global brand with a presence in Australia, New Zealand, Singapore, Europe, and the United Kingdom. The company presents itself as "Canada's most open-minded business funder" and offers working capital solutions for small and medium-sized businesses. According to its data, it has deployed over $5 billion globally, serves more than 100,000 businesses, and maintains a rating of 4.6 out of 5.

Financing products

Bizcap Canada structures its offering into two main models:

• Revenue Based Financing (RBF): financing based on the business's revenue, designed to alleviate cash flow constraints through fast access to funds. It is ideal for covering temporary gaps, urgent purchases, or immediate needs.
• Line of Capital (LOC): a line of capital that allows funds to be drawn upon when needed, with flexibility to use them according to operational needs.

Financing amounts range from $10,000 to $2,000,000. The company indicates that approvals can be obtained in as little as 3 hours and that funds can be deposited the same day. The process requires minimal documentation compared to traditional banks.

Application and assessment process

The process consists of three steps: first, an online application that takes less than 5 minutes; second, an assessment by financing specialists who review the application with a simple process tailored to the business; and third, if approved, funds can be deposited the same day with a personalized payment plan. The company describes itself as a direct and self-funded funder, which allows it to avoid administrative barriers of traditional providers and offer speed. Delays can occur if documentation is incomplete; business bank statements are required and, after a conditional offer, additional documents.

Eligibility criteria

To access most of Bizcap Canada's alternative financing products, the following must be met:

• An active Canadian business number (BN).
• At least 6 months of business history.
• Minimum monthly revenue of $20,000.

The company evaluates the business as a whole, so a poor credit history or existing financing are not impediments. Approval is influenced by time in business, revenue history, industry, owner's profile, and other relevant factors.

Terms and costs

Bizcap Canada uses a fixed factor rate applied to the financing model, determined by the business's performance, time in operation, and intended use of funds. A subscription fee is charged and disclosed in advance. The company offers early payment discounts, incentivizing early settlement rather than penalizing it. Payments can be structured as daily or weekly debits to suit cash flow. The company indicates that as the client relationship strengthens and the business shows consistent performance, the factor rate may improve over time.

Uses of capital

Funds can be used for almost any business purpose, including purchasing stock, inventory, or equipment; marketing; hiring staff; operational expenses; expansion; renovation or unexpected repairs; and supporting growth and cash flow. The company can also structure bridge financing for needs of just a few weeks.

Documented success stories

Bizcap Canada's website presents several client examples. A neighbourhood restaurant used $45,000 in flexible working capital to navigate a seasonal slowdown, protect staff, and maintain operations without disruption. A ventilation and mechanical contractor secured $50,000 in 24 hours through a receivables-based advance to bridge cash flow gaps and take on more commercial projects. An auto parts retailer obtained $200,000 to replenish inventory ahead of peak season, allowing it to increase sales and capitalize on high-demand cycles.

Presence and contact

Bizcap Canada is part of a global group with operations in Australia, New Zealand, Singapore, Europe, and the United Kingdom. The company has a partner program to help clients access fast and flexible financing. Phone support hours are Monday to Friday from 9:30 to 18:30 (Eastern Time).

Phone: 1 888 268 0516 · Email: info@bizcapfunding.ca