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 are able to approve up to 98% of their applicants. Their easy three-step online application is simple and straightforward, no hassle, no stress.
Services & Products
iCapital Offered Services
Commercial Loan
Loan Range
Up to $250,000
Interest Rate
–
Terms (Months)
3 – 24
Funding Time
Under 48 hours
Funding Method
Direct Deposit
Repayment Options
Daily or as a percentage of sales
Eligibility
At least 1 year in business
Annual revenue of $100,000 or more in the 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
Requirements & Documents
3 months of bank statements
2 pieces of government-issued I.D.
Articles of incorporation
Void cheque
Recurring Term Loan
Loan Range
Up to $50,000
Interest Rate
–
Terms (Months)
–
Funding Time
Within a few days
Funding Method
Direct Deposit
Repayment Options
As a percentage of daily sales
Eligibility
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
Requirements & Documents
3 months of bank statements
2 pieces of government-issued I.D.
Articles of incorporation
Void cheque
Customer Experiences
What Customers Are Saying About iCapital
E
Ezra
Rated 5 out of 5
If you're a small business owner I would recommend this company. Easy to deal with and always answered my questions in a timely manner.
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