iCapital logoiCapital Review 2026

★★★★★ 4.7 · 7 borrower reviews
iCapital is a Canadian business lender offering term loans from $5,000 to $250,000. Funding in as little as 168 hours.

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Rates checked August 24, 2026
In business
Since 2009
Branches
Online Only
Provinces
12 of 13

Products offered

Each product is priced separately. Compare them below.

Business Loan
Unsecured · AB, BC, MB + 9 more
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Amount
$5K - $250K
Rate
From 9% APR
Terms
3 - 18 months
Min revenue
$8,333/mo
Time in business
12+ months

See if you qualify

Three questions checked against iCapital's published criteria, per product. No application started.

Answer the questions to check iCapital's published criteria
Educational check against published criteria. Not an approval or offer.

Contact iCapital

Get in touch

Support and hours

  • Mon-Fri9:00am-5:00pm
  • ChannelsHelp Center/Blog, Email Support, Social Media

Borrower reviews

7 reviews from borrowers who used iCapital. Reviews are moderated; lenders cannot remove them.

★★★★★ Simple process and friendly staff

From the start of the process it was nothing but help and assistance along the way. I would highly recommend this to any business that doesn't want to go through the hassle of banks and yet can still operate in an entrepreneurial fashion

Scott Hickling
★★★★★ Helpful at the right time

Hello, this company was a great help to us at the right time for our expansion needs.

Gloria Caverley
★★★★★ Responsive & Supportive

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
★★★★★ Helped our business

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 other can't. This financing has made a huge difference to our business.

Robert Caputo
★★★★★ Very Satisfied

We were very satisfied with iCapital response to our request and prompt follow up to put our loan in place. The regular monthly updates re loan status are helpful as well.

George
★★★★★ Committed to helping

iCapital staff were very knowledgeable and explained the pros and cons of each option that was available for my business. They made it easier for me to make the right decision because they explained all my options to me in detail.

Suzy
★★★★☆ my review is this

my acrtuall review

Ali Syed

Common questions about iCapital

What is iCapital?

iCapital is one of the oldest and most reputable online lenders for small businesses in Canada. They've funded hundreds of small businesses from all over Canada.

Is iCapital Safe?

Yes, iCapital has been in business since 2007, and has helped hundreds of businesses in Canada. They are partnered with Ontario Chamber of Commerce & Restaurants Canada.

What Products and Services Does iCapital Offer?

iCapital offers 3 business financing options to choose from: a secured small business loan, a small business term loan and a flexible merchant cash advance.

How Much Can I Borrow from iCapital?

You can borrow $5000 - 250,000 from iCapital.

What Is the Interest Rate on an iCapital Loan?

The interest rate on iCapital business loans start at 9%.

What Is the Term Length for an iCapital Loan?

Terms on an iCapital business loan are between 3 and 18 months.

iCapital · $5,000 - $250,000 · funding in 168 hours Apply Now