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iCapital Reviews, Ratings And Fees 2020

Based on 1
Customer Reviews
ADDRESS
91 Skyway Ave - Suite 103
Toronto, Ontario
M9W 6R5
BUSINESS HOURS
  • Monday-Friday 9 am to 5 pm
WEBSITE
https://www.icapital.ca/

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Who Is 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.

Services

Offered Services

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Loan Range
Rate & Terms
Product Details
Eligibility
Requirements & Documents

Commercial Loan

$5,000-$250,000
Interest Rate
-
Term (Months)
3-18
Funding Time
Under 48 hours
Funding Method
Direct Deposit
Repayment Options
Daily or as a percentage of sales
  • 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
  • 3 months of bank statements
  • 2 pieces of government-issued I.D.
  • Articles of incorporation
  • Void cheque

Merchant Cash Advance

$5,000-$250,000
Interest Rate
-
Term (Months)
-
Funding Time
Within a few days
Funding Method
Direct Deposit
Repayment Options
As a percentage of daily sales
  • 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
  • 3 months of bank statements
  • 2 pieces of government-issued I.D.
  • Articles of incorporation
  • Void cheque
Reviews

Reviews & Ratings

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This is a trusted service provider in Canada.

- Loans Canada (June 11, 2019)

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