Time in business:
Customers:
Total funded:
Loans offered:
Formerly Capital Hands, WiseCap is a team of financing professionals in Canada that provides financing and lease solutions. They have worked in countless industries, including trucking, railroading, marketing, financing, and more.
Products Offered
AMOUNT
$750 and up
INTEREST RATE
Starting at 6.5%
TERMS
12 - 84 Months
Truck & Trailer Financing
Conditions & Rates
Interest rate Starting from 6.5% Amount $750 and up Term 12 – 84 months
Eligibility & Documents
Who is eligible
- 500+ FICO for equipment financing
- Loans – in business over 6 mos, $10K per month in income, 550+ FICO
- Consumer Equipment and Services – FICO>650
What you need to provide
- Signed Application
- Government ID
- 3 months’ business banking or personal banking if owner is co-applicant
Repayment & Issuance
How fast can you get the money Within 24 hours Funding method Leases directly to equipment provider, loans directly to borrower How does repayment work Varies – monthly is most common but there is daily, weekly, quarterly
Equipment Financing
Conditions & Rates
Interest rate Starting from 6.5% Amount $750 and up Term 12 – 84 months
Eligibility & Documents
Who is eligible
- 500+ FICO for equipment financing
- Consumer Equipment and Services – FICO>650
What you need to provide
- Signed Application
- Government ID
- 3 months’ business banking or personal banking if owner is co-applicant
Repayment & Issuance
How fast can you get the money Within 24 hours Funding method Leases directly to equipment provider How does repayment work Varies – monthly is most common but there is daily, weekly, quarterly
Contact information
info@wisecap.ca- 6787 Invader Crescent, Mississauga, ON L5T 2B7
Availability:
All of CanadaSupport Offered:
- Phone Support
- Email Support
- Blog
- Social Media
Call Center:
Mon - Fri 8:30 am to 5:30 pm ESTFrequently Asked Questions About WiseCap
What is WiseCap?
What products and services does WiseCap offer?
WiseCap offers equipment financing and equipment lease options, commercial services including invoice/accounts receivable factoring, business lines of credit and term loans, refinancing and asset-based lending, and consumer services including consumer financing options.
What industries does WiseCap serve?
WiseCap provides lease and loan financing for Trucks and Trailers, Construction, Retail, Food Services, Manufacturing, Hospitality, and more.
What is the interest rate on a WiseCap loan?
WiseCap's equipment financing rates depend on a variety of factors that are unique to each business. Normally the interest rate on a WiseCap financing solution starts off at as low as 6.5%.
How can I qualify for a WiseCap loan?
To qualify for a WiseCap loan, you must provide a signed application, government identification, 3 months of business banking, have a 500+ FICO for equipment financing, have been in business for over 6 months, and make 10K+ monthly.
How fast can I get a loan from WiseCap?
If approved, you can get a loan deposited into your bank within 24 hours. Leasing funds go directly to your equipment provider.
What kind of loans does WiseCap specialize in?
WiseCap specializes in truck and equipment financing. The type of financing they offer includes truck and trailers, buses and coaches, farming and agriculture, boats and yachts, invoice factoring, and asset based loans.
Is WiseCap safe?
Yes, WiseCap is safe. They were founded in 2016 and have over 35 years of experience. They have funded over $100M and have served over 2,000 customers.
Who does WiseCap work with?
WiseCap works with small to medium-sized businesses that require equipment, tools, and supplies for everyday operations.
How much can I borrow from WiseCap?
WiseCap can help you find financing for a loan amount as low as $750 and up.
What is the term length for a WiseCap loan?
A WiseCap loan is between 12 and 84 months.
Can I apply online for a WiseCap loan?
Yes, you can apply online on WiseCap's website to get your loan application started, or you can call or email them.
How does loan repayment work at WiseCap?
WiseCap financing is repaid through pre-authorized payments from your bank account daily, monthly, weekly, or quarterly.
WiseCap Reviews
Avg. Rating: 5.0 (2 reviews)
Helped me get a truck
November 9, 2020
“Capital Hands helped me secure a great interest rate for my truck purchase. Happy with the entire process. Friendly and helpful staff”
Took care of me
November 9, 2020
“Get in touch with Mr. Vishav from Capital Hands, he has a lot of experience with financing and always looks out for his customers”
