FAQs

Am I eligible to apply?

Any Australian business with an ABN activated for 12 months and a monthly turnover of $5000 is eligible to apply. iCapital provides business funding to a wide range of small businesses including proprietary limited companies (Pty Ltd), partnerships and sole traders.

How do I apply?

Applying for an unsecured business loan with iCapital is quick and easy. Simply click ‘APPLY ONLINE’ to get started.

How much can I borrow?

iCapital always endeavours to provide you with affordable and appropriate financing to power your business. To determine the line of credit that we can offer you, we analyse the health of your business by looking at a variety of factors. You may be eligible to borrow as much as $250,000.

When will I get a response?

Our expert analysts will get back to you within a few hours, depending on the time of day you apply.

How quickly will I get the money?

We understand that businesses need fast access to finance to grasp opportunities when they arise, so we’ll get the money to you as soon as possible. In many cases, you can have the funds in your bank account in less than 24 hours.

What can an iCapital Business Loan be used for?

An iCapital Business loan can be used for nearly any business-related purpose, from outfitting an office to purchasing inventory and investing in marketing. Our loans are fast and flexible.

What business types is an iCapital Business Loan suitable for?

Regardless of the sector you’re in, as long as you meet the application requirements of being in business for 12 months and turning over $5000 per month, your business is eligible. It’s that simple.

How do I repay the loan?

We offer a variety of repayment options to make it easy for you to budget. You can choose from daily, weekly or fortnightly repayments which are automatically deducted from your business account.

What is an unsecured business loan?

An unsecured business loan isn’t backed by business collateral, which means creditworthiness is determined by the health of the business rather than by the assets provided as collateral. Due to the higher risks and lower returns, banks tend not to offer unsecured business loans.

Is providing iCapital with my details online safe and secure?

Yes. iCapital uses advanced online security software and bank verification systems, encrypts all sensitive data, and is fully compliant with the relevant Australian quality and security standards.