Announcements
NewCo Capital rebrands to Bizcap US, strengthening support for brokers, ISOs
July 7, 2026Miami, FL – July 7, 2026 – NewCo Capital Group has rebranded to Bizcap US, bringing its US operations under a unified global Bizcap brand that spans Australia, the UK, New Zealand, Singapore, Europe and Canada.
The move marks the next stage of growth for the US business, which has been providing funding solutions to small businesses since 2019. While the name is changing, the company will continue to operate with the same leadership, team and relationship-first approach that has made it a trusted funding partner for brokers and Independent Sales Organizations (ISOs).
By bringing its US operations under one unified brand, the company enters a new phase of global growth, further cementing Bizcap’s position as one of the world’s leading fintech providers of funding solutions for small and medium-sized businesses. The integration also enhances the US business with expanded technology, product capabilities and a dedicated Partner Portal, giving brokers and ISOs greater visibility over deals.
“Since 2019, we’ve built our business around one core principle: helping brokers and ISOs deliver fast, flexible funding solutions to their clients,” said Albert Gahfi, CEO of Bizcap US.
“This is far more than a new name and logo. Bringing our US business under the Bizcap brand unites our global operations under a single vision, led by myself and Global Co-CEO Zalman Blachman. It gives our partners access to enhanced technology, a broader product suite and the backing of a truly global business, while preserving the speed, responsiveness and relationships they’ve always valued.”
To celebrate the rebrand and global brand alignment, Bizcap US has launched Line of Capital (LOC), marking a significant expansion of its product offering in the US. Eligible businesses can now access a revolving facility up to $2 million, providing 24/7 access to working capital whenever it’s needed. Unlike a traditional term loan, customers can draw down funds on demand and only pay for what they use, giving them greater flexibility and peace of mind. Already proven across Bizcap’s global markets, LOC has delivered 200% facility utilization, demonstrating strong demand and providing brokers and ISOs with a compelling solution to offer their clients.
“On average, customers draw 200% of their approved facility over its lifetime through redraws and renewals, demonstrating the ongoing value it delivers beyond a one-off funding solution. Globally, we’re on track to fund between $2 billion and $2.5 billion this year, with more than 60% of that volume attributed to LOC. It’s a product that’s proven its value globally,” said Gahfi.
A proven business model for small business funding
Business owners around the world face a common challenge: accessing the capital they need to grow when traditional funders are unable or unwilling to help. Bizcap has built a funding model designed to solve that problem, delivering fast and flexible funding solutions across multiple international markets.
Since inception, the broader Bizcap group has supported 100,000 businesses worldwide and provided $5 billion in funding globally.
“The challenges facing small businesses are remarkably similar, regardless of where they operate,” said Bruce Gurvitsch, Chief Revenue Officer at Bizcap US.
“The transition to Bizcap US and the launch of LOC reflect the strength of a model that has been proven across multiple markets. Our partners now have the backing of a global organization with deep experience helping businesses access funding when they need it most.”
At a time when many businesses face challenges accessing traditional finance, Bizcap’s technology-driven approach is expanding access to capital through higher approval rates and no hard credit inquiries during the application process.
For brokers and ISOs, the rebrand reinforces Bizcap’s long-term commitment to the US market, combining the same trusted team and service with the scale, technology and expertise of a global organization.
Interested in learning more? Brokers and ISOs can partner with Bizcap today.
About Bizcap
Bizcap is a global non-bank business funder offering fast, flexible financing to SMEs in Australia, the US, the UK, New Zealand, Singapore, Europe and Canada. Founded in 2019, Bizcap empowers SMEs by offering approvals in as little as three hours, with same-day funding available. Bizcap has funded more than 100,000 SMEs worldwide, totaling $5 billion globally, while holding a 4.8/5 Trustpilot rating.
For more information, visit bizcapfunding.com
Media contact
Sharon Green
Media and Communications Specialist
sgreen@bizcap.com.au
New York Broadband Initiative Highlights Growing Recognition of Revenue-Based Financing
June 30, 2026Washington, D.C. — The Revenue Based Finance Coalition (RBFC) today highlighted a new broadband investment initiative from the state of New York that includes revenue-based financing (RBF) as part of a strategy to expand internet access in underserved communities and to support innovative economic development.
As part of more than $8.3 million in ConnectALL awards announced by New York State, Connect Humanity received funding to establish the NY CONNECT Fund, a lending platform designed to provide flexible, impact-focused capital and RBF to community-based internet service providers serving low-income and rural communities.
The investment reflects a growing recognition of innovative financing models. Innovative models like RBF help small businesses access capital to expand services, invest in infrastructure, and meet community needs. For many small businesses, traditional financing is not always the best option.
“This announcement demonstrates the growing recognition that revenue-based financing is a powerful tool for expanding access to capital and supporting businesses,” said Mary Donohue, Executive Director of RBFC. “Revenue-based financing provides flexible funding that allows businesses to invest in growth while aligning repayment with actual revenue performance.”
RBF has become an important source of capital for businesses seeking funding solutions that reflect the realities of fluctuating revenues and evolving market conditions. By tying repayment to future revenue rather than fixed monthly payments, RBF can provide greater flexibility while helping recipients pursue growth opportunities.
The NY CONNECT Fund will provide flexible financing to community-based internet service providers while reinvesting a portion of returns into local digital skills and device access programs. The initiative is intended to help expand affordable broadband access in communities that have historically faced barriers to connectivity.
“The inclusion of revenue-based financing in New York’s broadband strategy highlights the important role flexible capital solutions can play in addressing real-world challenges,” Donohue said. “For businesses and organizations that may face barriers to traditional financing, revenue-based financing can provide the resources needed to expand operations, invest in technology, create jobs, and pursue new opportunities.”
The announcement also underscores the broader role innovative financing solutions plays in supporting economic development, infrastructure investment, and entrepreneurship. As policymakers work to encourage growth and expand opportunity, access to diverse financing options remains critical.
“Revenue-based financing helps fill important funding gaps and provides organizations with another pathway to access capital,” Donohue said. “Whether supporting small business growth, community investment, or innovative infrastructure projects, flexible financing solutions help drive economic activity and create opportunities for long-term success.”
RBFC encourages policymakers and stakeholders to continue supporting financing models that expand access to capital and empower businesses to grow and serve their communities.
About RBFC
The Revenue Based Finance Coalition (RBFC) represents responsible providers of flexible growth-oriented funding for small and medium-sized businesses. Bringing together funders, brokers, ISOs, and industry vendors, RBFC advocates for policies that expand access to revenue-based financing, promotes regulatory compliance, and supports a sustainable financial ecosystem that helps businesses invest, hire, and grow. For more information, visit www.rbfc.net.
Milestone Capital Partners Issues $11.5 Million of Corporate Notes
June 17, 2026
Salt Lake City, UT – Milestone Capital Partners, Inc. (“Milestone”), the holding company for Milestone Bank, a leading commercial specialty finance platform, announced the successful closing of its $11.5 million corporate note financing. Proceeds from the transaction will be used to support continued growth, including the funding of new originations, and to refinance existing holding company obligations.
Since inception, Milestone has originated over $2.5 billion in loan and lease financings, with a focus on mid-ticket equipment, SBA loans, and asset-based lending.
The issuance of the corporate notes underscores management’s continued focus on scaling Milestone’s platform and delivering differentiated financing solutions to small and middle-market businesses across the country.
“As a specialty bank, our lending and leasing capabilities provide small and mid-sized businesses with flexible solutions for their growth and working capital needs,” stated Mark Yung, Chief Executive Officer and President of Milestone. “This financing strengthens our ability to meet that demand and deepen our commitment to the customers and partners who rely on us.”
Jeffrey Sugg, Chief Financial Officer of Milestone, added, “Closing this transaction strengthens our balance sheet and gives us the runway to grow originations across our core verticals. We’re pleased with the institutional support and look forward to putting this capital to work.”
Brean Capital, LLC served as the company’s exclusive financial advisor and sole placement agent in connection with the transaction.
About Milestone Bank
Milestone Bank is a nationwide specialty lender headquartered in Salt Lake City, Utah. The bank specializes in equipment financing, SBA 7(a) lending, and asset-based lending, serving small and mid-sized businesses nationwide with a commitment to speed, transparency, and relationship-driven service. For more information, please visit: milestonebank.com
Contact:
Kristin Saracevic
VP of Human Resources, Milestone Bank
Ksaracevic@milestonebank.com
248-743-5144
Fund Street Technologies Closes $45.5 Million Investment-Grade Corporate Note to Accelerate Small Business Financing Growth
June 10, 2026Parent Company of One Park Financial Secures Investment-Grade Capital to Expand SMB Access to Funding Nationwide
COCONUT GROVE, FL — Fund Street Technologies LLC (“Fund Street”), a leading technology-enabled small business financing platform and parent company of One Park Financial, today announced the successful closing of a $45.5 million investment grade 7 year corporate note. Proceeds will support origination growth and strategic corporate initiatives, reinforcing Fund Street Technologies’ position as a premier capital access solution for small and medium-sized businesses across the United States.
Since its inception in 2010, Fund Street Technologies has originated more than $1.5 billion in small business financing and served over 100,000 businesses. The Company’s fully integrated platform—spanning deal origination, business analysis, documentation, and merchant servicing—has established Fund Street as a trusted alternative funding destination for SMB owners seeking fast, flexible access to working capital.
Through its subsidiary One Park Financial, a nationally recognized leader in small and medium size business financing solutions, Fund Street Technologies delivers a comprehensive alternative financing ecosystem—helping small businesses access capital quickly, even when traditional bank financing is out of reach.
“This transaction positions us to fully utilize our proven technology infrastructure. We’ve built our platform to handle significant scale, and now we can deploy these resources toward expanding our origination capacity and market reach.” — John Lie-Nielsen, CEO and Co-Founder, Fund Street Technologies
“We welcome the participation of institutional partners who recognize our strong track record and long-term vision. This transaction strengthens our balance sheet by providing liquidity and flexible financing to diversify our capital structure.” — Marcus Holland, Chief Financial Officer, Fund Street Technologies
Brean Capital, LLC served as Exclusive Financial Advisor and Sole Placement Agent for the transaction.
About Fund Street Technologies LLC
Founded in 2010 and headquartered in Coconut Grove, Florida, Fund Street Technologies LLC is a technology-enabled small business financing platform and parent company of One Park Financial. Combining a brokerage arm with a direct funding arm powered by advanced analytics, Fund Street Technologies has originated more than $1.5 billion in financing and served over 100,000 SMBs nationwide. For more information, visit www.fundstreet.tech.
About One Park Financial
One Park Financial is a subsidiary of Fund Street Technologies LLC and a leading alternative small business funding company dedicated to helping entrepreneurs and SMB owners access the capital they need to grow. One Park Financial connects small businesses with financing options tailored to their unique needs. For more information, visit www.oneparkfinancial.com.
Media Contact
Marcus Holland
Chief Financial Officer, Fund Street Technologies LLC
mholland@fundstreet.tech
800.924.9703
Uplyft Capital Launches MCA Affordability Calculator to Improve Transparency for Merchants and Brokers
June 5, 2026MIAMI, FL — Uplyft Capital announced the launch of its Merchant Cash Advance (MCA) Affordability Calculator, a free online tool designed to help merchants and funding professionals better evaluate working capital offers before funding decisions are made.
Available at https://uplyftcapital.com/tools/mca-affordability-calculator, the calculator was developed to address one of the most common challenges in the alternative finance industry: understanding how a proposed funding structure will impact a business’s daily cash flow.
As the MCA industry continues to grow, both merchants and brokers are placing greater emphasis on affordability, sustainability, and long-term client success. While approval speed and funding amounts remain important, many businesses now seek a clearer understanding of how repayment obligations fit within their operating cash flow.
The Uplyft Capital MCA Affordability Calculator allows users to input funding details and evaluate whether a proposed structure aligns with the merchant’s revenue and deposit activity. The tool provides a simple way to estimate payment burden and identify potential affordability concerns before a contract is signed.
“Our goal was to create a practical resource that helps merchants and brokers make more informed decisions,” said Michael Massa, CEO of Uplyft Capital.” The industry performs best when funding is structured responsibly. By giving users greater visibility into affordability, we believe we can help promote healthier outcomes for both merchants and capital providers.”
The calculator was built for a wide range of industry participants, including:
- Independent sales organizations (ISOs)
- Funding brokers
- Direct funders
- Underwriters
- Small business owners evaluating capital options
The launch reflects a broader trend across the alternative finance sector toward increased transparency and data-driven funding decisions. Merchant cash advances remain an important source of capital for businesses that may not qualify for traditional bank financing, offering rapid approvals and flexible qualification standards. However, understanding repayment obligations remains critical to ensuring a successful funding experience. Merchant cash advances are designed to provide fast access to working capital and often rely on business performance rather than traditional credit metrics when determining eligibility.
The calculator is available free of charge and can be accessed by merchants, brokers, and industry professionals nationwide.
For more information, visit Uplyft Capital’s MCA Affordability Calculator at https://uplyftcapital.com/tools/mca-affordability-calculator.
About Uplyft Capital
Uplyft Capital is a financial technology company specializing in merchant cash advances and business funding solutions for small and medium-sized businesses across the United States. Through a combination of technology-driven underwriting and funding expertise, Uplyft Capital provides access to working capital for businesses seeking fast and flexible financing options. Uplyft Capital provides MCA and business funding solutions nationwide.
Fox Ridge Capital Appoints Stan Dumont as Senior Vice President of Credit
June 3, 2026Dumont will lead and define credit policy and governance from the ground up.
Portsmouth, NH – June 3, 2026 – Fox Ridge Capital, a hybrid business equipment financing company, today announced the appointment of Stan Dumont as Senior Vice President of Credit. Dumont will establish and lead the company’s credit function, defining credit policy and governance while scaling underwriting and risk capabilities to support Fox Ridge Capital’s growing portfolio.
Dumont joins Fox Ridge Capital with nearly 20 years of expertise in funding, credit and risk management for the commercial lending and equipment financing industry. He began his equipment financing career at Direct Capital as a funding manager and credit manager, then spent more than a decade at Ascentium Capital in leadership roles where he helped build and scale underwriting and credit operations. At Fox Ridge Capital, Dumont will oversee credit policy development, portfolio analytics, credit governance, and cross-functional collaboration with origination, product, and operations teams to enable disciplined growth. Key priorities under Dumont’s leadership include:
- Enhancing underwriting speed through data-driven decisioning and technology
- Strengthening portfolio risk controls, monitoring and stress testing
- Expanding product and credit support for the small and mid-market client base
“It’s extremely exciting to join Fox Ridge Capital at inception to build the credit function from the ground up and work alongside a group of deeply experienced professionals – there’s real energy in building something new,” said Stan Dumont. “Driving our credit discipline while enabling smarter financing solutions that help drive growth for Fox Ridge and build value for our investors is an incredible reward.”
“Stan’s deep expertise in commercial credit and proven track record for building scalable underwriting platforms make him an excellent addition to our leadership team,” said Tom Depping, CEO. “His appointment represents the second startup of mine that he has joined and underscores our commitment to responsible yet aggressive growth and delivering reliable, technology-enabled financing.”
About Fox Ridge Capital
Fox Ridge Capital accelerates achievement with agile business finance solutions that empower clients nationwide to harness opportunities. As a trusted, collaborative ally, Fox Ridge Capital takes strategic goals and transforms them into exceptional outcomes through a scalable, hyper-fast finance platform and relationship-based approach. Fox Ridge Capital serves small to mid-sized businesses and equipment and technology providers who offer financing to their clients. Learn more: www.FoxRidgeCapital.com.
Cloudsquare Launches CS Broker Danube 7.0: The First Lending Platform to Bring HELOC Workflows to Business Loan Brokers
June 3, 2026
Danube 7.0 gives business loan brokers a new product to pitch and sell, bringing home equity-backed business funding, faster lender selection, and a native Figure integration into CS Broker on Salesforce.
LOS ANGELES, CA, June 3, 2026 – At Cloudsquare, we build AI-first. We build Salesforce-native. And we build for the brokers and lenders who move the market. Today, that means giving business loan brokers a product they have never had before: a structured, end-to-end workflow to offer home equity-backed business funding to their clients.
Cloudsquare announces the release of CS Broker Danube 7.0, introducing the first HELOC workflow purpose-built for business loan brokers inside a Salesforce-native lending platform. With Danube 7.0, brokers can now help business owners leverage the equity in their home to secure business funding, capturing borrower income and property details, matching to lenders, and submitting directly to Figure, all without leaving CS Broker.
This is a new revenue channel for brokers. A business owner who may not qualify for a traditional working capital product could still access funding through the equity in their home. Danube 7.0 gives brokers the workflow, the lender connection, and the operational structure to offer it.
“CS Broker Danube 7.0 gives business loan brokers a product they can immediately start pitching and closing. Home equity-backed business funding has existed, but brokers have never had a structured platform workflow to manage it end to end. We built that. Combined with faster lender selection and a native Figure integration, this release expands what brokers can offer without adding unnecessary complexity to how they operate.”
— Jeffrey Morgenstein, CEO, Cloudsquare
A New Product for Business Loan Brokers: HELOC-Backed Business Funding
CS Broker Danube 7.0 introduces the first HELOC Module designed specifically for the business loan brokering workflow. When a business owner wants to use their home equity to secure business funding, the broker now has a guided, structured place to capture everything needed to move that deal forward.
When a HELOC lender integration is installed, a HELOC Candidate panel appears directly on the Opportunity record in Salesforce. Reps can enter borrower income and property details in a single, organized view, keeping that information tied to the deal and ready for lender review.
For brokers, this means a new product line without a new system. The workflow lives inside CS Broker, alongside every other deal type, giving teams a consistent way to manage HELOC opportunities from intake to submission.
Figure Integration: Connected HELOC Submissions Inside Salesforce
Cloudsquare introduces Figure as the first fully integrated HELOC lender in the CS Broker lender network. Built on top of the new HELOC Module, the Figure integration gives brokers a direct path from data capture to lender submission without leaving Salesforce.
Brokers can capture borrower income and property details inside CS Broker, then submit eligible HELOC opportunities to Figure directly from the platform. The integration keeps borrower data, property information, and submission activity all in one connected workflow, reducing duplicate entry and keeping the deal moving.
Figure is now fully supported and available for teams that are partnered with Figure and want to offer HELOC products through CS Broker.
Faster Lender Search and Bulk Selection
Danube 7.0 also upgrades how brokers navigate and manage their lender network inside CS Broker. Teams working with larger lender lists can now search lenders more quickly, select or deselect all visible results at once, and take advantage of improved bulk-selection behavior that stays consistent whether working individually or across groups.
When you are managing multiple lending partners, product types, and submission strategies simultaneously, cleaner lender selection directly impacts how fast a deal moves. Danube 7.0 removes friction from that process.
Built for Brokers Who Are Ready to Expand
CS Broker Danube 7.0 is built for brokerage teams that want to grow their product portfolio without growing their operational overhead. HELOC-backed business funding is a real opportunity for brokers serving business owners who have equity and need capital. Danube 7.0 gives those brokers the platform infrastructure to act on it.
From a new product type to faster lender workflows to a native lender integration, this release is designed to put more deal-closing capability directly into the hands of the teams using CS Broker every day.
About Cloudsquare
Cloudsquare is the leading end-to-end lending platform, uniquely powered by Salesforce, to deliver unparalleled flexibility and innovation for lenders and brokers. With a commitment to optimizing lending processes through cutting-edge technology, Cloudsquare provides robust, scalable solutions that empower clients to achieve greater efficiency and growth. Celebrated by industry leaders, Cloudsquare has earned a place on the Inc. 5000 list as one of America’s fastest-growing companies and is consistently rated a top service provider on platforms like Salesforce AppExchange, G2, Clutch, and Manifest. https://link.cloudsquare.io/olpeh