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iCapital Reviews and Ratings

iCapital

iCapital’s main goal is to provide Canadian business owners with stress-free financing options so they can focus on growing their businesses. They specialize in term loans and merchant cash advances and are able to approve up to 98% of their applicants. Their easy three-step online application is simple and straightforward, no hassle, no stress.

 

Business Hours
Monday-Friday: 9am to 5pm

Support Offered
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Provider Details

Time in Business
Since 2009

Address
91 Skyway Ave - Suite 103
Toronto, Ontario
M9W 6R5

Website
https://www.icapital.ca/

Services Offered

Commercial Loan

Conditions & Rates


  • Interest rate:
    Varies
  • Amount:
    $5,000-$250,000
  • Term:
    3-18 months

Eligibility & Documents


  • Who is eligible:
    At least 1 year in business
    Annual revenue of $100,000 or more in last 12 months
    Must have a storefront or professional office space
    No start-ups, construction, home businesses, online businesses, funeral homes, furniture or jewellery stores and cheque cashing businesses
    No open bankruptcies
  • What you need to provide:
    3 months of bank statements
    2 pieces of government-issued I.D.
    Articles of incorporation
    Void cheque

Repayment & Issuance


  • How fast can you get the money
    Under 48 hours
  • Funding method
    Direct Deposit
  • How does repayment work
    Daily or as a percentage of sales

Merchant Cash Advance

Conditions & Rates


  • Interest rate:
    Varies
  • Amount:
    $5,000-$250,000
  • Term:
    N/A

Eligibility & Documents


  • Who is eligible:
    At least 1 year in business
    Annual revenue of $100,000 or more in last 12 months
    Must have a storefront or professional office space
    No start-ups, construction, home businesses, online businesses, funeral homes, furniture or jewellery stores and cheque cashing businesses
    No open bankruptcies
  • What you need to provide:
    3 months of bank statements
    2 pieces of government-issued I.D.
    Articles of incorporation
    Void cheque

Repayment & Issuance


  • How fast can you get the money
    Within a few days
  • Funding method
    Direct Deposit
  • How does repayment work
    As a percentage of daily sales

Reviews & Ratings

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