The line-of-capital product offers ongoing access to working capital, no setup fee and competitive rates for the first four weeks.
Bizcap US has launched Line of Capital Ultra, or LOC Ultra, a flexible working-capital product for businesses that need recurring access to funds without reapplying each time. The facility is available for up to $2 million and lets approved customers draw capital as needed, paying only for what they use. Bizcap said the offer includes some of its most competitive rates for the first four weeks and carries no setup fee. The company positioned the product as a fit for businesses that regularly buy inventory, face seasonal swings or need to bridge short-term cash flow gaps. It also said LOC Ultra provides an alternative to accounts receivable financing or factoring because it is not tied to outstanding invoices or receivables. The launch adds to Bizcap's U.S. financing lineup following its recent rollout under the unified global Bizcap brand. Albert Gahfi, CEO of Bizcap US, said the product is designed for businesses that need ongoing access to capital rather than a one-time loan, while Bizcap's Global Co-CEO Zalman Blachman said it reduces friction by letting businesses draw funds without starting a new application each time. Bizcap said it was founded in 2019, has funded more than 100,000 SMBs globally for $5 billion, and offers approvals in as little as three hours with same-day funding available.