Bizcap
Post-decline specialist that can suit a business already declined by Funding Circle, iwoca or the high street that still needs cash quickly. Bizcap considers cases mainstream lenders refuse and prices the risk into the rate. Because of the cost, it's usually worth trying cheaper lenders first.
Quick verdict
- Product: Specialist post-decline / fast cash.
- Ticket band: £5k to £1m.
- Pricing: Factor rate set per application, plus an establishment fee.
- Bizcap says it uses a soft search at quote stage, which other lenders cannot see on your credit file.
At a glance
Bizcap, at a glance
- Legal entity
- Bizcap Limited
- Companies House
- 14591050
- Product
- Specialist post-decline / fast cash
- Ticket range
- £5k to £1m
- Decision time
- Approval in as little as 3 hours
- Ltd-only
- No, the lender also accepts other structures
Where Bizcap is strong
- May accept cases that mainstream lenders have declined.
- Approval in as little as 3 hours and funds the same day, by Bizcap's own account, which matters for HMRC pressure and supplier-pay scenarios.
- Clear about which decline reasons they will actually consider.
- An option when the borrower can't wait for a Capify or 365 Business Finance decision.
Watch-outs, and when another lender may suit better
- Priced for higher-risk cases, so rarely the cheapest option.
- Effective APR can exceed 100% on short paybacks (a factor rate of 1.20 repaid daily over six months works out at roughly 110% APR), so check the total cost before signing.
- Rate-sensitive borrowers are the wrong fit; iwoca, Funding Circle or Allica may suit better.
- Long-term borrowing needs are a bad fit for the product; consider Allica, OakNorth or Aldermore.
Best fit applicants
- Businesses already declined by mainstream lenders who still need cash this week
- CCJ history and recent missed payments where Capify and 365 won't stretch
- Speed prioritised over rate, with the applicant briefed on the cost
Where Bizcap is the wrong fit
- Rate-sensitive applicants, consider iwoca or Funding Circle
- Long-term project finance, consider Allica or OakNorth
- Pre-revenue applicants, consider Start Up Loans Company
If declined by Bizcap
If your application to Bizcap is declined, ask the lender for the reason in writing. Some alternatives are named in the watch-outs section above. See also our Bizcap decline guide for what to do next, and our side-by-side guide to Bizcap alternatives for the closest UK specialty finance providers.
Other lenders we list
- 365 Business Finance, Merchant cash advance (revenue-based finance)
- Aldermore, Asset finance, invoice finance, commercial mortgages
- Allica Bank, SME term loan, asset finance + commercial mortgage
- Capify, Short-term business loans and supplier invoice payment
How we rate Bizcap
This review is FundBiz's own editorial assessment, scored against a published framework. See our methodology for how we rate each lender.
FAQ
What can I borrow through Bizcap?
Bizcap offers specialist post-decline / fast cash. Ticket range: £5k to £1m. Typical rate: Factor rate set per application, plus an establishment fee.
How long does Bizcap take to decide?
Approval in as little as 3 hours Bizcap says checking eligibility uses a soft search, so it does not affect your credit score.
Who is Bizcap the best fit for?
First on the list: Businesses already declined by mainstream lenders who still need cash this week. The full list is under Best fit applicants above.
When might another lender suit better than Bizcap?
First on the list: Rate-sensitive applicants, consider iwoca or Funding Circle. The other cases are under Where Bizcap is the wrong fit above.
Send an enquiry
Tell us what you need in 2 minutes. FundBiz is not a lender and does not run a credit check. We pass your enquiry to a business finance broker, who will contact you about your options. For limited companies, LLPs and partnerships with four or more partners.
Send an enquiry →Official site: Bizcap
Last updated: . By Adam Parker. FundBiz is owned and operated by Best Business Loans Ltd, directed by Oliver Mackman.