The new service allows approved customers to access funds repeatedly without the friction of a fresh application for every transaction. With a starting factor rate of 1.02 for the initial four weeks and no setup fees, the product is positioned as a direct alternative to traditional term loans, invoice factoring, or debtor finance. It is specifically targeted toward businesses that manage seasonal fluctuations or require regular inventory purchases.
Bizcap US Introduces LOC Ultra for Recurring Business Financing
Miami-based non-bank lender Bizcap US has unveiled Line of Capital Ultra, a flexible funding facility allowing businesses to draw up to $2 million in working capital as needed. By eliminating the requirement for repeated loan applications, the product aims to streamline cash flow management for companies with ongoing capital requirements.
Global Co-CEO Albert Gahfi stated that the product addresses a demand from brokers and financial advisors for solutions that extend beyond singular funding events. Chief Revenue Officer Bruce Gurvitsch added that the facility provides a more stable, long-term tool for partners to support clients whose cash flow needs evolve over time. This launch marks a significant expansion of the company’s US portfolio following its recent rebranding to a unified global identity.
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