Small and medium-sized enterprises (SMEs) in Singapore now have access to a new financial lifeline, as Bizcap unveils a line of credit offering up to $300,000. This initiative, announced on 3 September 2025, aims to address the cash flow challenges faced by local businesses, providing rapid approvals and flexible repayment options tailored to their needs.
The Business Line of Credit is designed to help SMEs manage seasonal fluctuations, cash flow gaps, and time-sensitive opportunities. Unlike traditional banking products, Bizcap’s offering allows businesses to draw down funds as needed, with interest charged only on the amount used. This eliminates the need for reapplication, offering a seamless experience for business owners.
Rebecca del Rio, Bizcap’s Chief Revenue Officer, highlighted the product’s success in international markets, noting its high utilisation rates and positive feedback from both brokers and customers. “It’s trusted by advisers for fast approvals and transparent support, and by business owners for reliable flexibility,” she said.
Joseph Lim, Managing Partner at Bizcap Singapore, emphasised the product’s alignment with the specific challenges faced by Singaporean SMEs. “This Line of Credit is our answer to the speed, red tape, and lack of flexible options from mainstream lenders,” he stated.
Bizcap’s approach involves working closely with advisers and brokers, assessing the overall financial health of businesses rather than just credit scores. Tony Truong, Chief Credit Officer, added, “Our goal is to make funding practical, fast, and responsible.”
Founded in 2019, Bizcap has already funded over 42,000 SMEs globally, totalling $16 billion, and holds a 4.95 Trustpilot rating. The company is optimistic about the product’s reception in Singapore, anticipating it will become a cornerstone for local SMEs seeking reliable financial support.
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