• Q: What’s the loan range?
    • A: $500-$40000
  • Q: How long can I get a pre-approval?
    • A: Within 24 hours after you submit the application, we will contact you with the pre-approval letter or contact you for some questions about your application.
  • Q: What kind of documents do I need?
    • A: We need supporting documents for your income like T1 for individual, T2 for business, Notice Of Assessment from CRA for individual or business, T4 or T4A. Maybe we need your 12 months bank statement as well for self-employeed or business owner for the income is not in the T1 or T2. We also need your consent letter for us to pull out your credit report from the credit bureau. We may need your supporting documents for your properties, asssets, or other things.
  • Q: When do you need the documents?
    • A: After pre-approval, if you are happy about the rates, fees, terms, and payments, we need the supporting documents to go ahead really approve your application which including your consent for the credit check.
  • Q: How long will it take from pre-approval to funding?
    • A: it depends on your co-operating for providing the supporting documents. Usually it will take 2-4 weeks to fund.
  • Q: Do I need a lawyer to accept the fund?
    • A: we strongly suggest you to find a lawyer to review all the documents you are going to sign to make sure you understand your liability and legal rights. But it’s really up to you to find a lawyer or not.
  • Q: What’s the interest rate?
  • Q: What’s the APR?
  • Q: What’s the monthly payment?
  • Q: How much can I get?
    • A: It depends on your credit, income, current liabilities, the purpose, the vendor. It means we don’t know until you submit your application.
  • Q: Can I repay the full amount before the term ends?
    • A: yes, you can pay off any time you want with a penalty with 30 days notice. The penalty will be 3 months interest.
  • Q: How do I receive the fund?
    • A: If there is a vendor, we will pay to the vendor directly. We will deposit to your account directly if there is no vendor.
  • Q: How do I pay you monthly?
    • A: We will withdraw the monthly payment from your bank account automatically with the PAD (Pre Authorized Payment) agreement.
  • Q: What’s the minimum credit score for your financing?
    • A: Minimum credit score for our financing is 600.