# Bizcap

> Bizcap is an online lender offering short-term business loans in New Zealand. Find out how much you can borrow, how its factor rates work and what a loan really costs.

By Jason Dark, last checked 2026-11-05. Part of [Lenders](https://smallbusinessloan.co.nz/lenders) on Skipper.

## The short version

- Bizcap lends $5,000 to $500,000 on its fast loans and lines of credit, and up to $4 million on larger and secured loans.
- Each business gets its own factor rate, with daily or weekly repayments.
- An establishment fee may apply, and you may get a discount for repaying early.
- Borrow $50,000 at a factor rate of 1.30 and you repay $65,000 before fees.

## What Bizcap lends

Bizcap is an online business lender with several products. Fast loans and lines of credit range from $5,000 to $500,000, while small business loans go up to $4 million. Secured loans, which need property as security, range from $30,000 to $4 million and come with longer terms. Bridging loans run from $150,000 to $4 million. Most Bizcap loans are short-term and have daily or weekly repayments.

## How it prices loans

Bizcap gives each business its own [factor rate](https://smallbusinessloan.co.nz/glossary/factor-rate) and doesn't publish its usual range. To work out what you'll repay, multiply the loan by the factor rate: borrow $50,000 at 1.30 and you pay back $65,000, plus any establishment fee.

## What that costs in real terms

Shorter terms and more frequent repayments push the real cost up. In the [true cost calculator](https://smallbusinessloan.co.nz/tools/true-cost), $50,000 at a factor rate of 1.30 repaid weekly over 12 months is a [true annual rate](https://smallbusinessloan.co.nz/glossary/true-annual-rate) of about 54%. Repaid over 6 months, the same loan works out to about 107% a year.

## Paying early

The cost of a factor rate loan is set when you sign, so paying it off early doesn't automatically save you money. Bizcap says you may get a discount for repaying early. Ask for the payout figure in writing before you decide.

## Before you sign

Look at the establishment fee and how often you'll need to make repayments. Also check what security you need to provide. For loans over $30,000, Bizcap takes a charge over your business assets and any guarantors' assets, and can register this on the Personal Property Securities Register (PPSR). Directors may also need to give a [personal guarantee](https://smallbusinessloan.co.nz/glossary/personal-guarantee). Once you have this information, run the numbers through the calculator.

These details come from [Bizcap's New Zealand website](https://www.bizcap.nz) in November 2026.

## Sources

- [Bizcap: Compare solutions](https://www.bizcap.nz/compare-solutions)
- [Bizcap: FAQs](https://www.bizcap.nz/faqs)