Bizcap Canada relaunch brings new portal & pricing

NewCo Capital Group has relaunched its Canadian business under the Bizcap Canada brand, as the company aligns its operations with Bizcap Group's wider international network.

The relaunch keeps the existing Canadian team in place and links it to Bizcap Group's systems and funding model. The company said the change will alter pricing and repayment structure for customers and speed up decision-making.

Bizcap Canada said it will offer smaller periodic payments and better pricing. It also said it will issue faster approvals for business finance in Canada.

Brand alignment

The relaunch consolidates the Canadian business under the Bizcap name. Bizcap Group operates in Australia, New Zealand, Singapore, the US, the UK and parts of Europe, and it has also expanded into Germany.

NewCo Capital Group operates in North America and has positioned the change as a step towards a single global identity. The company said that identity also links Canada to the Bizcap Group network.

"This isn't just a new name - it's a smarter, faster Bizcap Canada built for brokers and business owners," said Albert Gahfi, Co-CEO of Bizcap Group and CEO of NewCo Capital Group.

"As we unify under one name, our clients and partners will gain access to greater capital strength, smarter technology, and a truly global financing platform," said Gahfi.

Broker portal

Bizcap Canada said brokers will gain access to a new Partner Portal. The company described it as a tool for brokers that covers opportunity management, submissions, tracking and deal visibility.

Bruce Gurvitsch, Chief Revenue Officer of Bizcap Canada and NewCo Capital Group, said the company has built the portal for broker workflows.

"The Partner Portal is a game-changer for brokers: simple submissions, real-time updates, and more opportunities to serve clients," said Gurvitsch.

Underwriting changes

Bizcap Canada said it has changed its funding model and underwriting process. The company linked that work to pricing changes and smaller periodic payments for borrowers.

Steve Bergstrom, Chief Risk Officer for Bizcap Canada and NewCo Capital Group, said the company will continue to focus on small and medium-sized enterprises. He also said it will integrate more underwriting tools and automation.

"We've enhanced our funding underwriting process to offer better pricing and smaller periodic payments, designed around how Canadian SMEs actually operate," said Bergstrom.

The company said it will add more advanced underwriting, automation and data-driven services. It did not disclose how it would measure performance, how it would change risk settings, or how the underwriting changes would affect approval rates.

Product range

Bizcap Canada said the relaunch includes expanded product offerings. It highlighted a Line of Capital product and AI-enabled growth capital.

The company linked the relaunch to recent corporate activity across the wider group. Bizcap said it has acquired 8fig, which it described as an AI-powered growth funding platform.

Bizcap Canada also said Canadian clients will see changes to digital journeys. It cited underwriting automation and a broader network of partnerships across the group.

Bizcap Group and NewCo Capital Group said they have provided financing to more than 66,000 SMEs. They said total funding has exceeded $3 billion globally and they cited a Trustpilot rating of 4.8 out of 5.

The company said brokers and partners in Canada will access the same team and service as before, with an operating model linked to Bizcap Group's international platform.