Skyecap Reviews 45

TrustScore 3.5 out of 5

3.3

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Rated 1 out of 5 stars

I paid out the loan and they still debited funds from my account and made my business reputation very bad as the fund in the account was meant to pay the supplier. The way they handle things are so ba... See more

Company replied

Rated 1 out of 5 stars

If I could give them a minus I would. A friend went through them as a small business start-up via a woman who claimed to be a broker. The broker was a man who the woman must of went through.My frien... See more

Company replied

Rated 5 out of 5 stars

A Golden Thread of Support: In the landscape of business growth, they provide a golden thread of support. Their flexibility is as resilient as an Aussie gum tree, bending but never breaking. Fellow en... See more

Rated 5 out of 5 stars

I was blown away by how fast the approval and funding process was—same-day funding, no red tape! Plus, their customer service was top-notch. I’ll definitely be using their services again in the future... See more


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3.3

Average

TrustScore 3.5 out of 5

45 reviews

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Replied to 75% of negative reviews

Typically replies within 48 hours

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Rated 1 out of 5 stars

Worst service

I paid out the loan and they still debited funds from my account and made my business reputation very bad as the fund in the account was meant to pay the supplier. The way they handle things are so bad and please do not approach this company as there are lots of better one on the market. Communication was bad as well as the customer services. Again please do not approach this company.

February 2, 2026
Unprompted review
Skyecap logo

Reply from Skyecap

Hi Jacky,

Thank you for taking the time to share your feedback.

We’re sorry to hear about your experience. For privacy and confidentiality reasons, we’re unable to comment on accounts or transaction timing in a public forum.

We take service concerns seriously and encourage any customer who experiences an issue to contact us directly so it can be reviewed and addressed promptly.

If you would like to discuss this further, please reach out through our official support channels so can can address your concern.

Rated 1 out of 5 stars

Loan Sharks

If I could give them a minus I would. A friend went through them as a small business start-up via a woman who claimed to be a broker. The broker was a man who the woman must of went through.My friend had no dealings with the broker directly. We asked them for his broker accreditation details as he was not registered via ASIC, they kept deflecting and refused to give me any information. He was charged $9k fixed interest for term of 150 days on a $20k loan plus an app fee of $1600. If you annualise the interest that’s 108%!! Repayments were $198 daily!! The poor guy didn’t understand the contract he was signing but was pressured by the “broker” to sign. The payments put him in financial difficulty.
The founder of this company was charged with fraud. ASIC banned him from being allowed to lend again. Coincidentally, the board removed him as a director and board member.
These are basically loan sharks and unregulated with no credit licence, not regulated under NCC or AFCA so if you try and lodge a complaint you can’t because they are not governed by any regulators. You would have to take them to court if there are any kind of disputes regarding exorbitant interest and fees. Consider this a warning if you’re thinking of using them.

November 3, 2025
Unprompted review
Skyecap logo

Reply from Skyecap

Hi Caz K,

Thank you for taking the time to share your feedback.

For privacy and confidentiality reasons, we are unable to comment on or verify individual matters or third-party allegations in public forums.

Skyecap provides commercial business lending only and does not offer consumer credit facilities.

Any party directly involved in a facility is welcome to contact us through our official channels should they wish to raise a query or seek clarification.

Rated 1 out of 5 stars

SCAM SCAM SCAM !!

SCAM !! as they ask for 3 things

PR or citizen

Income more than 7 K
And Bank statement

Then will come up with reason and your IDS WILL BE MISUSED.

Thus company is not Australian.

September 4, 2025
Unprompted review
Skyecap logo

Reply from Skyecap

Thank you for your feedback. We’d like to clarify a few important points:

Skyecap Pty Ltd is a legitimate Australian company, registered with ASIC (ABN 58 672 437 375 | ACN 672 437 375).

As part of responsible lending and compliance standards, we request documents such as proof of residency, income verification, and bank statements. These are standard requirements across the industry.

Not all applications are approved, as eligibility criteria must be met. However, we assure you that all applications are assessed fairly and transparently.

We place the highest importance on data privacy. Client identification documents and records are never misused or shared, and are handled strictly under confidentiality standards.

We regret that your application outcome did not meet expectations and welcome the opportunity to speak with you directly should you wish to discuss further. Please contact us at contact@skyecap.com.au

Rated 1 out of 5 stars

They have contact me about the loan

They have contact me about the loan. Do you want to apply? We can approve you then after that they tell they can give it make people stupid. I asked him to remove my detail from their system but it still they keep my details. Why?

July 16, 2025
Unprompted review
Rated 5 out of 5 stars

I was blown away by how fast the…

I was blown away by how fast the approval and funding process was—same-day funding, no red tape! Plus, their customer service was top-notch. I’ll definitely be using their services again in the future.

February 5, 2025
Unprompted review
Rated 5 out of 5 stars

Quick approval with zero hassle

Quick approval with zero hassle! I was able to upgrade my business equipment without any delays. The professional team guided me every step of the way, making the whole experience smooth and stress-free.

February 3, 2025
Unprompted review
Rated 1 out of 5 stars

STAY AWAY

STAY AWAY ! I got a 3 month $10k loan (which was only 9K I received after their fees were taken out). - I was told I could pay it out early when I enquired if that was possible. They said yes.
5 weeks into the loan I tried to pay it out early and they told me I would still have to pay the full 3 months $7000 interest regardless anyway !!!!

December 5, 2024
Unprompted review
Rated 5 out of 5 stars

Absolutely brilliant

Absolutely brilliant! Skyecap made the whole process a breeze—from application to receiving funds. Couldn't have asked for a smoother experience.

October 28, 2024
Unprompted review

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