Small Business Financing

With iCapital, getting money for your business is simple and straightforward. Apply today. Get the funds you need in 48 hours.

Financing Options

Financing Options

2 business financing options to choose from:

Term Loan

The stress-free small business loan

A term loan is a one-time loan that you repay a set amount daily or weekly over a set number of months (up to 24 months). Term loans do not have an interest rate; rather, a flat fee determined by creditworthiness, length of time in business and other factors is added to the amount borrowed. 

This type of funding suits most businesses and help with immediate needs like purchasing inventory and replacing broken equipment.

  • Terms from 3 month up to 24 months
  • Full transparency about fees 
  • No penalties if you want to pay out at any time
  • The highest security in the industry

Merchant Cash Advance

The flexible small business loan alternative

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 need to change accounts. 

This type of funding is well suited to food service, hospitality and retail businesses. It’s a low risk way to borrow money because if you are closed or having a slow season, you won’t have the stress of needing to repay but not having the cash flow to do so.

  • Full transparency about fees 
  • No penalties if you want to pay out at any time
  • The highest security in the industry

 Unsure which option is best for you? Ask our customer care team.

How does it work?

How does it work?

Step 1

Step 1

Request an estimate

Complete the 60-second online application telling us your name, company and annual gross sales.

Step 2

Step 2

Apply

Fill out our secure application, which includes basic information about your business and contact information. Within 24 hours, a customer care representative with contact you to discuss the best payment frequency for your business and the funding details.

Step 3

Step 3

Repayment

The automated payment system makes repayment hassle-free and highly secure, thanks to our partnership with DC Bank. And, you can access your account 24/7 through our secure customer portal. You will receive monthly communications, including a summary of your balance.

Do I qualify?

Do I qualify?

We only have 5 criteria:

Sales

You must have annual gross sales of over $100,000.

Maturity

No start-ups. Your business must have a history of at least 6 months of operation.

Storefront

You must have a storefront or professional office space. Home-based businesses and online businesses are ineligible. 

Credit

No open bankruptcies. Bad credit isn’t a problem—many of our customers have less than perfect credit scores, but we cannot accept applicants with open bankruptcies.

Geography

Must be a Canadian business. Sorry, we do not fund Quebec-based businesses.

We do not fund: businesses in the construction industry, funeral homes, furniture or jewellery stores, cheque cashing businesses or home-based businesses.

Great reviews & ratings. Better Service.
100% Canadian.

Why choose iCapital

Testimonials

Testimonials

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.
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