SkyCap Financial provides alternative financing to Canadians, offering loans of up to $10,000 over a three-year term. Founded in 2013 and headquartered in Kingston, Ontario, SkyCap Financial recognizes that Canadians can fall into financial situations that are out of their control and can impact their credit history negatively. Committed to offering a better lending experience, with a quick and straightforward loan application process, SkyCap Financial’s lending decisions are based on three factors: credibility, stability and current income. To be eligible for a SkyCap Loan, SkyCap requires proof of income, the last 45 days of your banking information, a recent bill to your current address, and valid government issued photo ID. Once your loan application has been approved and your agreement signed, SkyCap Financial deposits the funds directly into your bank account. Loans can be approved in as little as 24 hours during normal business hours, with applicants able to borrow from $500 to $10,000. After the loan is approved and the money distributed, SkyCap Financial sets up an automatic payment program, so loan payments are withdrawn from your account on a regular schedule. Outside of providing a positive lending experience for Canadians across the country, the SkyCap Financial team also values supporting and being a part of the greater community. SkyCap participates in local events each year, and since 2016 has held its annual office Toy Drive, where staffers visit a local toy store and fill their shopping carts with as much toys as they can handle to give away to children in need. In addition, in 2018, SkyCap Financial introduced an educational program called SkyCap University offering a free fiscal and money management course to its clients.