Merchant Cash Advance - Loan Alternative for Startups

iCapital provide you with one-time advance cash that you repay through a set percentage of your daily credit card and debit sales. We work with all banks

Merchant Cash Advance – Loan Alternative for Startups.

A merchant cash advance is a one-time advance that you repay through a set percentage of your daily credit card and debit sales. These repayments are debited daily, Monday through Friday, from your business bank account. We work with all banks, so there's a need to change accounts.

Apply Now

Reasons for a Merchant Cash Loan

Receive money in your hands quickly

You do not risk putting assets on the line

Loan granted without impeccable credit

Quick application process

Monthly payments not required

Extremely high approval rate

Flexibility to use money in whatever way you’d like

Collections based on your revenue

Quick Approval Rate with Total Flexibility

A merchant cash advance comes from a lender who assesses your credit card receipts and decides how much you’d need. You get cash in hand fairly quickly and our approval rates are extremely high. Even if you have bad credit, you can get a cash advance through iCapital.

Get approval in 2-3 days and enjoy complete flexibility in how you choose to spend the money offered. You can apply for an amount as high as $250,000 depending on what you get approved for. If you need quick money for an upcoming purchase, project, renovation, etc, then a merchant cash advance is ideal for you.

The biggest advantage is that a merchant's cash advance is not a loan. You do not need collateral to back it up. You can pay off the advance any time - either in part or in full. Apply for a new lifeline for your business today!


Our customer care team is here to answer all your questions to help you secure the funding you need.

Phone us at 1.877.251.7171

Benefits of a Merchant Cash Advance

  • You do not risk losing your assets as collateral is not required
  • Quick access to a lump sum of money
  • Complete flexibility on how you spend your money
  • Even businesses with a bad credit history can apply
  • The approval comes within 2-3 days of applying for a merchant cash advance
  • Pay anytime in part or in full
  • It is free to apply for the loan
  • We work with major banks, hence you do not have to change your bank to apply
  • Once you pay off 65% of your initial funding, you can be eligible for additional funding


Step 1


Once you request a quote, we'll send you an application & request the last 3 months of banks statements for our underwriters to verify recent sales. It takes about 10 minutes to complete.

Step 2


Once approved, the funds will be deposited into your account.

Step 3


After you receive your funding, the agreed-upon percentage is deducted daily until you have repaid in full.


Have a few questions before you apply for your small business alternative loan? iCapital is here to help you every step of the way. Below find answers to the most commonly asked questions. If you do not find the answer you are looking for, please contact us so we can personally answer your small business loan questions.

It is no secret that it is hard to find funding as a small business. iCapital offers a solution by lending lump sums of money known as a cash advance.

Bank loans are hard to get and often come at a very high price, even for business owners with great credit. A non-bank loan option like funding from iCapital is easy to get and is even available for those who have bad credit.

Yes – it is truly free. We promise there is no catch.

In order to be considered for a merchant cash advance, your business must be more than 6 months old, and must make a minimum of $5,000 in Visa, MasterCard or debit sales each month.

The entire process, from the time the application is received and processed to the time you receive the funds in your bank account, is 2 to 3-days

No, you do not have to change your credit card processor, iCapital works with all systems.

No, you do not have to change your bank account, iCapital works with all banks.

A merchant may qualify for up to one and a half times their monthly debit card and credit card sales volume to a maximum of $250,000 per location. You may renew for additional funding once the original balance has been paid down 75% to 80% of the original balance.

Yes, you may pay off your merchant cash advance at any time, in full or in part.

You may qualify for additional funding once your original merchant cash advance has been 65% paid off.


Having up-to-date equipment and products is a must in the health and beauty industry. We now have new product lines and equipment and can offer services others can't. This financing has made a huge difference to our business.

Robert Caputo | Salon Owner, Scarborough ON

When I decided to renovate my restaurant iCapital came through for me. My account rep, Domenic, was very helpful and made the process really easy. It was completely different from my experience dealing with the banks in the past. And the best part is the cost of the reno paid for itself within the first season!

Rocco Silvaggio | Restaurant Owner, Toronto ON

Raising money for expansion is not easy, but iCapital made it very simple. They helped us move into our dream location and business has never been better! We were most impressed with how fast they replied to our emails and phone calls. It is very reassuring to have this much support.

Deb Hoisington | Pet Store Owner, Sylvan Lake AB

When our slow season came about and the bills started piling up, it was iCapital's fast and easy funding process that got us through. Within seven days we had the money we needed. I strongly recommend iCapital to any business owner trying to raise money for their business.

Neil Pramauntanyatath | Restaurant Owner, Hamilton ON


Do I Qualify?

Check Eligibility

Do I Qualify?

Unfortunately you are not eligible at this time, but things change! Let's stay in touch.
We will contact you if our requirements change and will keep you up to date with our latest services so you wont miss out.