In the competitive world of financial services, few lenders stand out like Bizcap. As New Zealand’s most open-minded lender, Bizcap is reshaping how small and medium-sized enterprises access funding. With a flexible approach, Bizcap has become a key partner for advisers and business owners alike, offering solutions that other lenders might overlook. Camilla Tumai, General Manager for Bizcap New Zealand, recently shared insights in an interview with NZ Adviser about what makes Bizcap unique and how it’s helping local businesses flourish.

Breaking Down Barriers to Finance

Bizcap operates with a straightforward yet powerful belief: every business, no matter its size, industry or financial history, deserves the chance to succeed. As Tumai explains, Bizcap’s funding model is designed to support businesses that are often declined by other lenders. “We offer funding solutions where others might not, particularly for businesses with credit challenges or in volatile industries like construction or freight,” she says.

Unlike traditional banks, which rely on rigid criteria such as credit scores, Bizcap takes a more comprehensive approach. We understand that credit history isn’t the only factor in determining a business’s potential. Whether faced with a young business dealing with a cash flow gap or a well-established company managing growth, Bizcap is known for saying “yes” when others say “no”.

Watch Camilla Tumai’s full interview with NZ Adviser here:

Speed, Flexibility and a Personal Touch

One of Bizcap’s key strengths is its speed. Tumai highlighted that Bizcap can approve loans in as little as three hours, and fund them that day. This quick turnaround is a game-changer for businesses facing urgent financial needs. “To date, we’ve funded over 25,000 business loans totalling more than $1 billion,” she said, underscoring Bizcap’s significant impact on SMEs across Australia and New Zealand.

It’s not just about speed; flexibility is just as important. Bizcap provides loans ranging from $5,000 to $2 million and offers early repayment discounts of up to 65%. We even provide options like topping up loans from other lenders to ensure businesses receive the full funding they need. This innovative approach transforms what could be a stressful experience into a smooth, tailored process.

A Partner for Advisers

For advisers, Bizcap is more than just a lending partner; we’re an extension of their business. Tumai, with her extensive experience in financial services – including owning her own adviser business – understands the unique challenges advisers face. Bizcap supports advisers with marketing materials, educational sessions and a portal to track leads and outcomes. This helps advisers expand their service offerings without needing expertise in business lending.

“We act as their business lending expert so they can confidently offer their clients additional solutions,” Tumai shared. Advisers can choose to let Bizcap’s Loan Specialists manage the client relationship or handle it themselves, depending on their client’s needs. This flexibility is particularly valuable for advisers working with high-value clients or those where English isn’t the first language.

Real-Life Impact: Success Stories

Bizcap’s success is best seen through the stories of the businesses we’ve helped. Tumai shared the example of a traditional islander food and seafood BBQ business in urgent need of funding to buy stock and pay suppliers. Despite a poor credit history, Bizcap looked beyond the numbers, assessed the business’s cash flow and potential, and provided a loan that enabled them to keep serving their community.

Whether helping businesses bridge cash flow gaps during busy periods or offering fast access to large sums for those awaiting payments, Bizcap’s solutions are practical and effective. The result? A 67% customer repeat rate and long-term partnerships that benefit both advisers and their clients.

A Win-Win for All

At the heart of Bizcap’s success is its commitment to creating win-win situations for everyone involved. For advisers, it’s an opportunity to build stronger relationships with clients and earn additional revenue through Bizcap’s generous commissions structure. For business owners, it’s about gaining access to the funding they need – quickly, flexibly and without the usual hurdles.

As Tumai concluded, “It’s all about working together to create a win-win situation – for advisers, their clients and for Bizcap.”

In New Zealand’s ever-evolving financial landscape, Bizcap is a lender that sees opportunities where others see risks, helping businesses and advisers navigate challenges with confidence and clarity.