How much would you like to borrow?

How many repayments?

Where do you live?

Lender licences
Get my loan
+ 200 000
members since 2014
93%
of approved applications
4.9out of5
customers would recommend us to their friends


Customer Rating

How to Get a Loan Fast in Canada?

No matter how solid your budget and planning, or how well you manage your money, there are times when you just don’t have the funds to cover an unexpected roadblock. Maybe you got into a car accident and need to pay to get your car back up to speed, or maybe something in your home broke and you need to fix it ASAP.

With so many life events that can strike without a moment’s notice, you sometimes need cash fast. In this guide we will explain how to get a loan in Canada.

Here is a list of things to consider when getting a loan:

1. Choose the right type of loan for you: Decide if you want to pursue a secured or unsecured loan. A secured loan means that there is a collateral requirement on the loan. You must put up collateral to obtain the loan and forfeits the collateral if you cannot repay the loan in full on time. On the contrary unsecured loans don’t require any such collateral.
2. Check your credit score: You’ll need to look at your credit score to determine what options are available to you. Traditional lending institutions may not consider you for a credit loan if you have a poor credit history.
3. Find a reputable lender and compare your options: Look for a lender which is licensed and reputable in the province you reside in. You might want to check out the lender’s Better Business Bureau company profile to see if the company is in good standing by verifying its information, rating and history of complaints.
4. Check the eligibility requirements: You need to evaluate the requirements to be eligible for a loan to improve your odds of approval. Some lenders may ask for a minimum credit score and monthly income. Modern private lenders may be flexible on their credit score requirements and may accept you even with bad credit.

When you need a loan fast, you should pursue an unsecured short term loan from a private lender.

Private lenders generally offer unsecured loans. This has nothing to do with how safe or legitimate the loans are. Rather, it’s a term that refers to whether or not the lender has a guarantee of repayment.

Unlike traditional bank loans, instant cash loans are for a small amount of money and are meant to help borrowers to take control of their financial situation, without having to wait weeks and weeks for approval and funding.

With an unsecured personal loan you can manage to pay your bills and get money when you need it, without disrupting your life.

Since there are no restrictions on how you can use your loan funds, they are a valuable financial tool for many different circumstances.

How to Get a Loan Online?

Getting a small loan online is an excellent choice if you need money quickly. When you apply for an online loan with iCASH you can borrow between $100 to $1,500 instantly. The money will then need to be paid back, either one, two or three installment payments, depending on the province you reside in. The interest rate is set, so you know exactly what you are getting and for how much.

So how you can get a quick $500 dollar loan? You can apply for a loan from anywhere, if you have a connection to the internet. Just go to iCASH website or download our loan app to start your application. You can apply online at any time, day or night. It takes around 5 to 10 minutes to fill out our faxless loan application.

We use automation and machine learning to offer a streamlined and convenient online application, instant decision-making on your loan and fast funding.

Our application is completely digital, with no documentation or physical paperwork required. There’s no mailing or faxing of anything and no need to get anything notarized or signed.

Choose your desired loan amount, repayment plan options and provide the personal and financial information requested. This is used to verify your identity and income and make the approval decision for your loan. Everything is kept confidential and secure, thanks to our encryption technology.

After you submit your application, it goes through the automated approval process. Your identity is confirmed, and a credit check is performed. Our advanced software correlates all the data you gave and will provide you with an instant approval decision.

Once you have your approval in hand, you will receive your loan agreement – again, as a digital file, there’s no need to wait to get anything in the mail. Review the loan agreement and digitally sign it. The instructions are provided in the agreement, it should take you just seconds.

You can then return the loan agreement through the website. Once we receive your signed agreement, we release your funds. Within as little as 5 minutes, you can have your loan funds available via e-transfer. The entire process takes around 30 to 60 minutes at most for the majority of our customers.

What if you’re applying on an evening or over the weekend? You’ll still get the funds within five minutes. That’s because our loans are available 24 hours a day, seven days a week. No matter what time, what day, or where you are, you can get the funds you need to go on with your life.

How to Get A Loan with Bad Credit?

So many people today face issues with getting loans because of their credit. A low or poor credit score can be a huge financial roadblock. With most traditional loans from a financial institution or bank, if you have a bad credit score, you may be denied for a loan.

So how can you get a loan with bad credit? to borrow money online with poor credit, you only need to apply for a bad credit loan with an online private lender.

Unlike banks, modern private lenders do not rely on credit history for their approval decisions. They use different factors to evaluate the borrower such as income, amount requested and stability. Best lenders have flexible eligibility requirements for their loans.

While no company can guarantee approval, we have an approval rate of over 90%. Since, there are no minimum credit score requirements to be eligible for a loan from us. We set up our lending process so that credit scores are not the determining factor in our approval decision.

We never reject applicants just because they have a bad credit score. Our system analyzes dozens of different data points from your online personal loan application, in addition to performing a credit check.

If your income is stable and provided you meet the other minimum eligibility requirements, there’s a very good chance you will be approved for a loan.

To be eligible for an instant loan you must need to meet the following requirements:

• Be at least 19 years old at the time of your application.
• Be a Canadian citizen, and a resident of Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario or Prince Edward Island.
• You must have been receiving the same source or mix of income for at least the past 3 months.
• You must have a net income of at least $800/month. This can include wages as well as social assistance programs from the provincial or federal level, private pensions, retirement plans, and other sources.
• You must have a Canadian bank account that has been open for at least 3 months and has access to online banking features.
• You need to have a valid mobile phone number, email address, and home address.

To learn more about how to get a loan and be approved for it, review our requirements.

Unlike many other online private lenders, iCASH is a legitimate lender. This means we are licensed to operate in Canada.

Consumers who apply with us, get the full protection of both local and provincial government regulations.

To get a loan for poor credit in Canada, follow these simple steps.

1. Visit our website or download our loan app.
2. Decide how much you need to borrow.
3. Fill out our easy online application.
4. Receive instant approval in just minutes.
5. Sign your loan agreement and send it back to us.
6. Receive your funds via email money transfer in just minutes.

Getting a loan in Canada has never been easier!

We provide loans in these provinces of Canada

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

Smart Phone


How to get a loan
Get up to $1,500!

Try our mobile application!

Sign up with our free app and access your account anywhere.

4.6 / 5 STARS
2759 Rating
4.8 / 5 STARS
5.4K Rating

How Get a Loan Online?

APPLY FOR THE BEST LOANS
Apply Online

Just use the simple form on our website – select the amount of cash that you want to borrow, your repayment plan, provide some information and you’re on your way.

INSTANT DECISION
Instant Decision

Complete your loan application. You’ll receive an instant approval, so you can put your finances back on track. Fast, easy and reliable loans from a trusted licensed direct lender.

GET YOUR MONEY FAST
Get Fund

Your funds will be sent via e-transfer in 5 minutes or less. Our transfers mean your money is available anytime you need it. Safe, urgent loans online with same day funding.

Minimum repayment period 61 days. Maximum repayment period 62 days. Maximum APR is 109,50%. For a $300 loan, the maximum total cost of borrowing is of $354. Interest fees: Alberta $15 per 100, British Columbia $15 per 100, Manitoba $17 per 100, New Brunswick $15 per 100, Nova Scotia $19 per 100, Ontario $15 per 100, PEI $25 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.

20%

CASHBACK

Borrow and Save!
Get up to 20% in Cashback!*

iCASH offers a unique Cashback program to reward its customers in Canada. You can get back up to 20% of the cost of borrowing paid once your loan is repaid and receive your Cashback direct into your bank account the same day. Real saving and real Money!*

iCASH logo Traditional Payday Lenders Lenders with brokerage fee
Licensed   
Flexible repayment plans      
Offers cashback program for more savings*      
Paperless      
Free membership benefits      
No hidden charges   
E-transfer in the next 5 minutes      
Get a loan now
iCASH loans NOW OPEN
24/7