The challenge

An established architecture firm needed additional working capital while waiting for a GST refund and outstanding customer payments.

Founded in 2014, the firm had grown to a team of 40, with offices across two locations. Despite its established operations, the timing of incoming payments created a short-term cash flow gap.

Securing finance wasn't straightforward. With two separate business entities and specific guarantor requirements, the firm faced challenges accessing traditional lending options.

The solution

Bizcap took an open-minded approach, reviewing the financials of both business entities and considering the firm’s specific guarantor requirements.

This enabled Bizcap to provide a $500,000 Line of Credit Ultra, giving the firm flexible access to working capital while it waited for its GST refund and outstanding customer payments.

The outcome

With a $500,000 line of credit in place, the firm had access to the working capital needed to help cover ongoing expenses without relying solely on the timing of incoming payments.

The facility provided greater financial flexibility, helping the firm manage its short-term cash flow gap while continuing to deliver architectural projects.

Need working capital while waiting on payments?

Cash flow gaps don't always mean a business is struggling. Sometimes, expenses are due before expected payments arrive.

Bizcap's Line of Credit Ultra is designed for established businesses that need flexible access to working capital.

Key features include:

  • Access up to $500,000
  • Only pay for what you use
  • Draw down funds as needed
  • 0-2% interest in the first four weeks

See what funding options could work for your business. Apply online with Bizcap today.

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