SkyCap Financial Review 2026Apply Now Check if I Qualify ↓
Written and analysed by Smarter Loans Editorial Team · Reviewed by Vlad Sherbatov
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Four questions checked against SkyCap Financial's published criteria, per product. No application started.
SkyCap does not publish a credit score requirement. The gate is income, and at $1,200 a month net only two instalment lenders on Smarter Loans set a lower one.
Employment Insurance, social assistance and seasonal employment are not accepted as a main income source. Child Tax Credit does not qualify on its own, although it can sit alongside employment, pension or disability income that does.
A programme you are still enrolled in will stop the application, and that covers bankruptcy, consumer proposals, credit counselling and debt consolidation alike. The operative word is active. SkyCap publishes no waiting period once you have been discharged, so ask before you apply rather than assuming either way.
The lending area covers Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Ontario, Prince Edward Island, Saskatchewan and the three territories. Applications from Nova Scotia and Quebec are not accepted.
22 reviews from borrowers who used SkyCap Financial. Each is submitted by a verified borrower and moderated for authenticity; it renders as written, positive or not, and lenders cannot remove it.
I had trouble getting a loan at many of the places I applied at. My credit is not great and these guys are the only ones that were kind enough to hear me out and help me when I needed financing. Thanks!
Very easy to deal with, excellent response time in assistance with any questions. The staff are very knowledgeable in financial services and matters. Excellent company to deal with.
I have no concerns and had a great overall experience with SkyCap
The service was exceptional and staff very friendly and attentive. I would recommend Skycap Financial to my friends and family.
Excellent customer service, Quick turnaround time!
Love how your there to help figure things out in tough situations. Appreciate all the help with finding the best solution for myself in regards to this program . Thank you.
Very pleasant staff that are knowledgeable and helpful.
This Company Is Awesome To Deal With...They worked hard to get me approved for a loan...Thanks SkyCap Financial
As far as the loan amount that I was applying for goes I did not get it, however they were able to help me with a portion of the funds that I was requesting . The staff that I dealt with directly Jen and Crystal were very helpful and efficient with providing details both through the application process and the loan. Would definitely recommend Skycap Financial.
Awesome! Great! Amazing!
Showing 10 of 22 reviews.
SkyCap Financial is a personal loan provider offering alternative financing to Canadians since 2013. Based in Kingston, Ontario, SkyCap offers lending to its customers through a quick and easy online loan application process, that in most cases can be completed in just five minutes.
Yes, Skycap has been providing personal loans since 2013. SkyCap Financial has over 1000 customers and also provides SkyCap University, a free online course aimed at improving financial literacy for SkyCap Financial clients.
SkyCap Financial offers a wide range of personal loans, including medical loans, auto loans, cash loans and more.
You can borrow $500 - $10,000 from SkyCap Financial.
The interest rates on SkyCap Financial loans range from 12.99 - 35%.
Terms on a SkyCap Financial loan is between 9 and 36 months.
To qualify for a SkyCap Financial loan you have to be a Canadian resident (excluding Nova Scotia and Quebec), 18+ years of age, have a net income of $1200+/monthly, not be in an active bankruptcy, main job must be part-time or full-time, or income can come from a pension, disability, but cannot be accepting employment or social insurance. Additionally, you'll have to provide one piece of valid government issued photo identification, two recent pay stubs, last 90 days of banking transactions, any type of bill dated within the last 60 days and a void cheque.
Yes, you can apply anytime using their online application form.
Once your loan application has been approved and your agreement signed, SkyCap Financial will deposit the funds directly to your bank account. No waiting for a check to be in the mail, they get you the cash instantly.
The loan proceeds are usually deposited directly into your bank account, or by wire transfer.
You can set up automatic payments on their pre-authorized payment plan to automatically withdraw loan payments from your bank account when your payments are due.
SkyCap Financial is available in all of Canada, except for Nova Scotia and Quebec.
You can contact SkyCap Financial customer support by email or phone. SkyCap Financial also provides SkyCap University, a free online course aimed at improving financial literacy for SkyCap Financial clients.
You can apply for a SkyCap Financial loan online or they can be contacted by phone, Monday through Friday from 8AM to 8PM EST.
