Refinance Guide
How to Refinance a Bizcap Loan
Bizcap provides fast unsecured business funding when timing is critical or traditional lenders are too slow. We arrange Bizcap facilities for clients who need quick capital access with flexible assessment. Their merchant cash advances work well for businesses with strong card turnover. As your circumstances improve, refinancing to lower-rate options can reduce your ongoing costs.
About Bizcap
Bizcap offers unsecured business loans and merchant cash advances with minimal documentation. We use Bizcap when clients need fast capital and may not fit traditional bank criteria. Their alternative assessment methods get deals done that banks decline. When your business position strengthens, transitioning to bank or secured finance delivers significant savings.
Typical Rates
25% to 50% p.a. (factor rates can exceed 1.50)
Typical Terms
3 to 18 months, daily or weekly repayments
Things to Consider with Bizcap
- Very high interest rates — often the most expensive option
- Daily repayments create constant cash flow drain
- Factor rate pricing makes comparison difficult
- Short terms and high payments cause stress
- Can trap businesses in renewal cycles
Your Refinance Options
Secured Business Loan
If you have property equity, secured loans at 6-10% p.a. can reduce your rate by 75% or more compared to Bizcap.
Bank Business Loan
Traditional bank finance at 7-12% p.a. with monthly repayments is dramatically cheaper if your financials support it.
Asset Finance
Equipment-backed loans at 7-12% p.a. can refinance equipment purchased with Bizcap funds at much lower rates.
Non-Bank Commercial Loan
Even non-bank lenders typically offer 12-18% p.a. — still significantly cheaper than Bizcap rates.
Considering Your Bizcap Options?
Whether you need additional capital or want to explore refinancing, we can help. Get a free assessment of your options.
How to Refinance Bizcap
Get a formal payout figure from Bizcap in writing
Gather all financial documentation — the more complete, the better your options
We assess your situation and identify realistic refinance pathways
Target applications to lenders most likely to approve
Upon approval, new lender pays out Bizcap
Immediate cash flow relief from lower, less frequent repayments
Frequently Asked Questions
Other Lender Refinance Guides
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