The facility is structured as a revolving credit line rather than a term loan. Borrowers draw only what they need, repay, and draw again without reapplying, and interest accrues solely on the outstanding drawn balance. Bizcap is also offering a 0% introductory rate for the first four weeks of each drawdown, which effectively functions as a short-term float for businesses managing predictable cash cycles.

Sasha Berg, managing partner at Bizcap UK, said the product gives businesses greater control over their working capital. “Businesses don’t always know exactly when they’ll need additional funding or how much they’ll need to draw. Having a facility they can access when required gives SMEs the flexibility to manage seasonal demand, cover short-term cash flow gaps or fund new opportunities.”

Chief Commercial Officer Rhys Cunnah added that the product reflects Bizcap’s approach to credit assessment, which he described as considering the broader context of each business rather than applying a rigid, standardised model.

Bizcap frames LOC Ultra explicitly as an alternative to invoice finance and debtor finance products, a segment that has long dominated the UK SME working capital market. The distinction matters commercially: invoice finance ties availability directly to the value of outstanding receivables, which can constrain growing businesses with lumpy or seasonal revenue. A revolving credit facility with a fixed limit offers more predictable access, though it also shifts credit risk assessment from the quality of the receivables ledger to the creditworthiness of the borrower.

The release does not disclose the underlying interest rate beyond the introductory 0% period, nor does it specify whether the facility is secured or unsecured.

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