Cash Advance

Cash advance loans offer quick approvals, transparent terms with no hidden fees, and fast funding via e-Transfer directly to your bank account. You can apply 24/7 with iCash!

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Cash Advance Loan

What is a cash advance? It's a type of short-term loan that's meant to provide immediate financial assistance to Canadians. It’s meant to help anyone facing unexpected expenses before their next paycheck arrives.

However, it’s important to note that traditional cash advances taken through a credit card issuer may hurt your credit score if the accumulated interest charges become unmanageable, leading to difficulties in repayment. For this reason, it's important to be mindful of the maximum amount you borrow based on your ability to repay by the due date.

Some lenders give cash advance loans ranging from $100 to $1500, with repayment terms usually tied to your next pay date or spread over multiple payments (depending on your contract and the regulations of the province you live in).

Unlike traditional banks that may take days or weeks to approve you for a loan or a credit card, cash advance loans offer a much faster application process with more convenient account opening procedures.

If approved, funds are typically transferred via e-Transfer within minutes, subject to system availability. We do not charge a balance transfer fee, ensuring transparency and speed during urgent financial situations.

People typically use advances in Canada for:

  • Emergency financing for car repairs
  • Unexpected medical expenses
  • Overdue utility bills
  • Rent or mortgage payments
  • Avoiding NSF fees on important payments
  • Bridging income gaps between paychecks

While traditional options from a financial institution may offer lower interest rates, they often involve lengthy application procedures and very strict requirements. A cash advance from a lender like iCash will prioritize accessibility and speed, which is why millions of Canadians prefer us to deal with any financial struggles they might have. You can quickly and easily get a cash advance loan with iCash today!


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We provide cash advance loans in these provinces of Canada

in Alberta, British Columbia, New Brunswick, Ontario, Manitoba, Nova Scotia, Prince Edward Island.


Cash Advance and Flexpay Loans

We know that everyone's financial situation is different. Get the loan amount and repayment plan* that suits your needs, guaranteed.

Cash advance

With a cash advance loan, you can pay back your loan on your next payday in one single payment

or

Flexpay

With the flexpay*, you pay back your loan in 2 or 3 equal payments* on your next upcoming paydays. This product, exclusively offered by iCash, allows you to have more time to repay your loan while paying no additional interest.

Same interest fee

Yes, you heard right!
Whichever repayment plan* you choose, the interest fee will not change!

Quick application

Quick application

You can apply for a loan within the comfort of your home. Simply choose how much you would like to borrow and fill out a quick and easy online loan form. Once our fully automated system establishes that you qualify for an instant cash loan, you will be asked to sign your loan agreement electronically, and your money will be on its way!

Fast e-Transfer

Fast receipt

Your funds will be sent within 2 minutes by e-transfer, so you can rest assured that the reception of your funds won‘t take long!

Smooth repayment

Smooth repayment

You can choose the convenient repayment plan* that suits you best: the cash advance plan gives you the option to repay your loan in 7 to 62 days depending on your pay cycle, while the Flexpay plan* gives you the option to repay your loan in 2 or 3 easy payments in a lapse of 7 to 62 days depending on your pay cycle. With both of these repayment plans, you will be paying the same amount in interest. For your convenience, we will automatically debit the amount due from your bank account on the agreed-upon dates. It's that easy with iCASH!

More Advantage

More Advantage

When you apply for your first loan with iCash, you will be eligible to receive up to $750. Each time you pay back your loan on time, you become more trustworthy to us and your score increases in our Trust Rating System. With this, you will gradually be eligible to borrow up to $1,500.

Get an iCash loan today

iCash has helped more than 950,000 Canadians get instant loans online without hassle.

How our instant loans work

1

Apply for a Cash Advance Online

Fill out the online application form. Choose your desired loan amount, repayment plan option*, and provide the requested information. It takes most people about 10 minutes or less.

Sign up and apply online or on our app.
2

Get Instant Decision

Our fully automated online application will provide you with an instant decision on your cash advance loan. Once approved, all you must do is electronically sign your loan agreement.!

Get a decision instantly after completing our paperless loan application.
3

Get Your Money

Once your loan agreement is signed, your funds will be sent via e-Transfer in the next 2 minutes, fast and convenient Canadian loans.

Receive your money by e-Transfer within minutes of signing your agreement.
Maximum repayment period 62 days. APR is 109.50%. On a $500 loan of 14 days, the total cost of borrowing is $70, with a total payback amount of $570 and an APR of 391.07%. Interest fees: Alberta $14 per 100, British Columbia $14 per 100, Manitoba $14 per 100, New Brunswick $14 per 100, Nova Scotia $14 per 100, Ontario $14 per 100, PEI $14 per 100. 372 Bertha Street, Hawkesbury, Ontario, K6A 2A8. iCash only offers online services. Please note that we cannot accept customers or conduct any transactions from this location.

Borrow and Save! Get up to 12% in Cashback*!

iCash offers a unique Cashback program to reward its customers in Canada. You can get back up to 12% of the cost of borrowing paid once your cash advance online loan is repaid and receive your Cashback direct into your bank account the same day. Real saving and real money!*

Earn up to 12% cashback* on the cost of borrowing when you repay your iCash loan.

Frequently asked questions about our loans

What is considered cash advance?

A cash advance is designed to provide immediate financial assistance, typically ranging from $100 to $1,500. Unlike relying solely on your credit card limit or making credit card transactions, these advances provide actual cash you can use for any purpose. They usually come with a quick approval process, minimal requirements, and fast funding.

Does a cash advance affect your credit score?

No, they don't necessarily impact your credit score negatively. However, missing monthly payments or defaulting could negatively affect your credit, just as with any financial obligation, which is why it's so important to review the terms and conditions carefully before signing anything. Proper management is essential for maintaining good credit.

What happens if you can't pay your cash advance?

If you think you might not be able to repay, it's important to contact your lender immediately. We'll do our absolute best to work with you and find a solution. Communication is key—ignoring the situation could lead to additional fees, collection activities, and potential impacts on your ability to obtain future advances.

Have more questions? Check out our full FAQ.