SINGAPORE -
Media OutReach Newswire - 10 April 2025 -
Bizcap,
an Australia-headquartered leading provider of fast, flexible business
loans, has officially launched its Singapore operations.
Since entering the market, Bizcap has already funded over $6 million in
deals and built strong partnerships with local brokers and advisers,
showing early traction and clear demand for fast and flexible funding
solutions. With over 100 partners already registered, Bizcap is rapidly
building a broker and adviser network to support businesses of all
sizes.
"Singapore is perfectly positioned as our regional hub for Southeast
Asia," said Zalman Blachman, Global Co-Founder of Bizcap. "The SME
segment is underserved, and there's strong demand for faster, more
accessible funding, similar to what we've seen in Australia, New
Zealand, and the UK. The early response from brokers and businesses
affirms that SMEs here are actively seeking agile finance partners who
understand real-world needs."
Bizcap plans to expand into additional Asian markets over the next three
years as part of its regional growth strategy. Singapore is Bizcap's
fourth active market, following Australia, New Zealand, and the United
Kingdom.
Bizcap's entry brings a new level of speed and flexibility to local SME
finance, with current loan sizes ranging from $5,000 to $500,000, and
plans to increase the funding amount over time.
The company's flexible risk model goes beyond credit scores, leveraging
automated bank statement aggregation and open banking integrations to
assess real-world business performance, allowing Bizcap to say yes more
often than traditional lenders.
As Singapore's financial ecosystem continues to evolve, with open
banking frameworks creating new opportunities for smarter, data-driven
credit assessment, Bizcap aims to be at the forefront of this
innovation, delivering lending decisions that balance agility with a
deep understanding of business realities.
"Our approach resonates here: simple applications, fast decisions, and
meaningful support for brokers and their clients," said Joseph Lim, Asia
Managing Partner. During our pre-launch testing, our average assessment
time was under four hours. With our new systems coming online, we
expect same-day funding to become a reality for eligible Singapore
SMEs."
Bizcap's partner-first approach is central to its growth, with lifetime
commissions, dedicated partner support, and product education all part
of its offer. Singapore brokers can choose between two partnership
models: Tick and Flick or broker-managed, offering flexibility to suit
different customer needs, broker engagement, and commercial models. The
Tick and Flick model allows partners to refer clients, with Bizcap
handling the full lending process from assessment through to settlement.
The company will continue expanding its local presence over the coming
months, scaling its Singapore team in line with growth, and introducing
more tools and resources for brokers to better serve their clients.
Bizcap has also mapped out a product roadmap for Singapore that includes
a caveat-secured loan and a revolving line of credit, both set to
launch within the next 6 to 12 months.
https://www.bizcapfunding.sg/https://www.linkedin.com/company/bizcap-singapore/