At Bizcap we love helping small businesses succeed and recently we were able to help an experienced bricklayer, who launched his own residential and commercial business five years ago, keep his business going – and build solid foundations for the future.
COVID-19 hit lots of businesses hard – with little respect for track record and longevity. One of the many that suffered was a 50-year-old sheet metal business which was forced to cut staff numbers – from 24 in early 2020 to seven at the height of the pandemic.
We’re talking heavy metal – not the music, but the substance. And while, like many industries, scrap metal took a hit during COVID, there’s still plenty of potential for growth, especially with the right kind of financial support.
Thanks to a Bizcap loan, Guru S was able to turn his young $500,000 logistics company into a $2.5 million business – within a year.
Here’s how to give you and your business the very best chance of a prosperous year and knock off the low hanging fruit.
This Christmas season is likely to be one like no other – and that’s completely understandable due to the fact that we’re approaching the end of a year like no other.
A strong and consistent cash flow is critical for any organisation. However, for small businesses, it’s the thing that can make or break you.
When opportunities come along in business you sometimes just have to seize them, as Maxine Dosen of Brisbane retailer Strutt Fashion knows only too well.
Keeping a small business running without consistent cash flow or working capital is a challenge, especially at the moment! Many banks and traditional lenders’ eligibility requirements make it hard for many small businesses to secure funding. Securing non-asset backed financial assistance from lenders can be difficult, below we outline seven common reasons you may have been rejected for a business loan in the past, along with what makes Bizcap different to the others and how we can help:
We are absolutely thrilled to be in the finalist groups for two FinTech Australia awards this year! Being within the finalist groups among so many other great companies is a testament to the entire Bizcap team, our partners and our wonderful customers!
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