Bizcap grows with launch of Bizcap New Zealand
The expansion into the New Zealand market comes after a successful pilot, and marks a key milestone in the growth of the business, which was launched in 2019.
“Our decision to launch into New Zealand was a relatively easy one to make,” says Zalman Blachman, Co-Founder of Bizcap.
“On the back of the great success we’ve enjoyed in Australia, moving into New Zealand is a natural progression, and we’re excited to be able to offer New Zealand SMEs access to business loans within the day.”
The most open-minded lender in Australia – and New Zealand!
Since their launch two years ago, they’ve helped a whole host of Australian businesses that other lenders weren’t able to, earning a Trustpilot rating of 4.9/5 along the way.
Being Australia’s most-open minded lender due to our ability to provide fast, simple funding between $5,000 to $1,000,000 within three hours to small businesses that have poor credit scores, defaults or judgements.
“We work with businesses in industries that other lenders won’t consider, and we’re looking forward to establishing a reputation as New Zealand’s most open minded lender over the coming months and years, too.
While many lenders stopped financing businesses during the pandemic, we didn’t miss a beat, and this helped us achieve a 300% YOY growth, which has led to this strategic expansion.” says, Head of Marketing & Development, Rebecca del Rio.
Opportunities for New Zealand brokers and referral partners
The Bizcap New Zealand team is now onboarding new referral partners and brokers – whether they traditionally write business finance or not – within New Zealand, and we provide brokers with the tools to provide solutions to their clients, and can either accept completed applications or referrals.
Kama Atcheson, Bizcap’s Head of Partnerships ANZ, says, “As we emerge from lockdowns, businesses need support and access to funding so they can get kick-started again.
“The commercial lending space is growing with more and more lenders and it can seem complex and overwhelming, however, clients need advice so they don’t shop around and damage their credit scores.
“One of the benefits of Bizcap is you can refer a client to us, and get a genuine offer without full application and credit checks, saving your client’s credit score.”