At Funded in Canada, our mission is to make funding accessible to individuals and businesses often overlooked by traditional institutions, delivering clear, transparent, and flexible solutions with honesty and respect.
Microloans Available With or Without a Guarantor or Co-Borrower
WHO ARE WE?
Funded in Canada stands apart through transparency, a commitment to educating clients, and a clear focus on helping individuals and businesses understand their financial situation. We believe in honest communication—no hidden fees, just straightforward information presented in a simple and easy-to-understand way.
LOAN AMOUNTS
Loan amounts range from $300 to $1,500, with flexible repayment terms of 12 to 20 weeks. At Funded in Canada, repayment schedules are aligned with your pay cycle to make managing your finances easier and more convenient.
INTERESTS RATES
All interest rates offered by Funded in Canada comply with applicable Canadian consumer protection regulations, ensuring fair, transparent, and responsible lending practices.
FLEXIBILITY
Our agreements may allow for repayment flexibility, including the option to postpone or reduce payment amounts, subject to applicable terms and conditions.
WHAT SETS US APART FROM OTHER LENDERS
Recent regulatory changes—such as Quebec’s Bill 72, adopted in November 2024—have introduced stricter rules around access to credit by strengthening the Consumer Protection Act (CPA). While these measures limit easy access to certain types of loans, Funded in Canada remains committed to helping individuals and businesses who meet the necessary criteria.
At Funded in Canada, we support responsible lending and share the broader goal of reducing consumer over-indebtedness. Access to overly easy credit can sometimes do more harm than good, leading to long-term financial strain rather than relief. That’s why we encourage applicants to take a thoughtful approach by completing our repayment capacity assessment.
This simple process helps ensure that any funding solution offered is appropriate, sustainable, and aligned with your financial situation. If you need assistance, our team is always available to guide you—making the process quick, clear, and supportive.
Many Canadians who believe they don’t qualify for regulated funding actually meet the requirements under current consumer protection standards. Unfortunately, some still turn to lenders offering “easy” credit that comes with hidden or excessive fees. For example, certain lenders promote low interest rates but add high weekly charges, significantly increasing the true cost of borrowing.
At Funded in Canada, we believe in doing things differently:
- Loans at rates permitted under Canadian consumer protection regulations
- No hidden fees—only clear, transparent interest
- Responsible solutions designed to support your financial well-being
OPTION 1
You complete the form prescribed by the CPA and meet the debt ratio requirement, which is a maximum of 45% of your income.
Here are the products offered:
COMPARE THESE PAYMENTS WITH THOSE OF ANY MICRO-LENDER!
OPTION 2
You do not meet the debt ratio requirement, but you have a guarantor.
To qualify with a guarantor, the guarantor must complete the same assessment process and independently meet the required 45% debt-to-income ratio. Please note that, in accordance with Canadian regulations, the guarantee must be provided free of charge.
Once these conditions are met, you will have access to the same funding options outlined above.
OPTION 3
You do not meet the ratio and cannot find a qualified guarantor.
If you do not meet the eligibility criteria on your own, you may consider applying with a co-borrower. A co-borrower can be any individual who meets the required criteria, including maintaining a debt-to-income ratio of 45% or less.
This could be a parent, colleague, friend, or another trusted individual. Applying with a qualified co-borrower allows you to access the same funding options while ensuring responsible and sustainable lending.
If you’re unable to find a co-borrower within your personal network, there are organizations that specialize in assuming this type of financial responsibility and offer such services online. While Funded in Canada does not endorse any specific provider, we recommend choosing a reputable and compliant organization that follows recognized industry standards.
At Funded in Canada, there are no fees beyond interest charged at rates permitted under applicable Canadian consumer protection regulations—ensuring full transparency and fairness.
✔ No membership fees
✔ No renewal fees
✔ No electronic collection fees
✔ NSF fees waived when resolved within 72 hours
Learn more at Funded in Canada and explore how we make funding simple, fair, and accessible across Canada.
QUESTIONS REGARDING AN EXISTING LOAN:
+1 (888) 621-1921
ABOUT US
Funded in Canada is dedicated to supporting individuals and businesses who may be underserved by traditional financial institutions. Many of our clients face challenges such as limited or poor credit history, which can make accessing funding through conventional lenders difficult. We believe everyone deserves fair access to financial solutions and the opportunity to move forward with confidence.
Funded in Canada operates in accordance with applicable Canadian consumer protection regulations and is committed to responsible and compliant lending practices. We offer funding to clients whose existing financial obligations do not exceed 45% of their gross income, with interest rates aligned with permitted regulatory standards.
For applicants whose debt ratio exceeds 45%, funding may still be available by applying with a qualified co-borrower. We are committed to providing inclusive solutions and do not decline applicants who meet eligibility criteria through a qualified co-borrower. In many cases, applying with a co-borrower may also result in more favorable terms.
Clients are free to choose their co-borrower; however, we recommend selecting individuals or organizations that follow recognized ethical and professional standards within the microfinance industry.
Our interest rates are compliant with Canadian regulations and reflect responsible risk-based lending. They remain competitive and comparable to rates commonly associated with credit cards issued by major financial and retail institutions.
LOAN ADMINISTRATION PHILOSOPHY
At Funded in Canada, we understand that every financial situation is unique. We believe all clients deserve to be treated with respect, dignity, and understanding. Our team is committed to supporting you in meeting your financial obligations while staying within your budget.
We take a flexible, attentive, and empathetic approach—especially when clients need additional support. Whenever possible, we work with you to find reasonable solutions and do not turn away genuine requests from those committed to meeting their financial responsibilities.
** WE ARE COMMITTED TO FULLY COMPLYING WITH ALL RULES AND STANDARDS SET BY CANADIAN CONSUMER PROTECTION AUTHORITIES.
DATA PROTECTION
At Funded in Canada, protecting our clients’ data is a top priority. We implement structured compliance management and assessment processes, supported by professionals in accounting, legal, IT, and server management.
To ensure the highest level of data security, we have proactively adopted the standards outlined in Québec’s Bill 64, which strengthens laws around the protection of personal information. By aligning with these enhanced requirements, we go beyond basic compliance to safeguard the sensitive data entrusted to us.
We recognize the importance of the information we handle and are fully committed to maintaining strict security, privacy, and responsible data practices at all times.
PROCESSING AND CONSERVATION OF OUR CLIENTS’ DATA
Security is a top priority at Funded in Canada. We have chosen a highly secure data centre environment where physical access is strictly controlled through multiple layers, including secure entry systems, ID verification, and human authorization.
Our infrastructure is hosted in Canada, with facilities located in Drummondville and Montréal—ensuring that all client data remains securely stored on Canadian soil.
These data centres meet Tier 3 standards, offering a high level of availability, redundancy, and reliability. This level of infrastructure is widely used by banks, insurance providers, and other financial institutions, reflecting our commitment to maintaining strong, enterprise-grade security for all client data.
OUR GOLDEN RULE:
A WELL-INFORMED CUSTOMER
IS A CONSUMER WHO IS NOT ABUSED!
Unfortunately, not all providers in the industry consistently follow these standards. At Funded in Canada, we are committed to setting a higher benchmark—prioritizing full compliance, transparency, and responsible lending practices. Our mission is to make a positive difference in the industry by delivering fair and ethical funding solutions, one client at a time.
OPC REGULATION
BY THE RULES
In Québec, microlending is strictly regulated under the Consumer Protection Act (CPA). According to this legislation, if your monthly financial obligations exceed 45% of your gross income, taking on a new loan with higher interest rates may be considered excessive or unsuitable. In such cases, consumers are encouraged to review their rights and protections under applicable consumer protection laws.
At Funded in Canada, we are fully committed to complying with all relevant regulations. Our funding solutions are provided with clear documentation, transparent terms, and interest rates that align with permitted legal standards.
We offer two structured pathways:
- Standard Qualification
If your existing financial obligations are 45% or less of your income, you may qualify directly for funding. - Co-Borrower Option
If your obligations exceed 45%, you may still qualify by applying with a qualified co-borrower. In many cases, this option may also provide access to more favorable interest rates.
INFORMATION ABOUT OUR LOANS
Funded in Canada stands apart for its transparency, strong commitment to educating clients, and focus on helping individuals and businesses better understand their financial situation. We believe in clear communication—no hidden fees, just simple and straightforward information you can trust.
Features of Our Funding Solutions:
- Funding amounts from $300 to $1,500, repayable over 3 to 5 months
- Interest rates aligned with applicable Canadian consumer protection standards, comparable to typical credit card rates
- Fast disbursement, with same-day funding available if documentation is complete and approved by 11:00 AM
- Options available with or without a co-borrower
- Flexible and human-centred support, including the possibility of adjusting or postponing payments under certain conditions
OUR 2 APPROACHES TO LOANS
At Funded in Canada, we offer two tailored approaches to help you access funding based on your current financial situation.
Depending on your existing financial obligations:
LESS THAN 45% of your income
You are AUTOMATICALLY pre-qualified!
And we will give you a loan under the terms and conditions described below, but at the MAXIMUM rate allowed by law. One uniform rate: 28.99% compounded daily.
MORE THAN 45% of your income
We will require a co-borrower, BUT we will offer you a better rate. We guarantee that your repayment will be calculated at a MAXIMUM rate of the Bank of Canada’s base rate +22%.
To view the current Bank of Canada base rate, click here.
To calculate your debt ratio level, complete the financial information section of our loan application form.
DO YOU HAVE AN URGENT NEED
FOR CASH AND HAVE FINANCIAL
INSTITUTIONS TURNED THEIR
BACK ON YOU?
Do you meet the 45% debt ratio required by the OPC?
Yes, you are eligible, and your loan could be deposited into your account within one hour of receiving the requested documents.
No fees other than interest at a rate of 29.9% will be charged.
We still WANT to help you.
Do you have a guarantor or a co-borrower in your circle who personally meets the 45% ratio?
THE CO-BORROWER OR GUARANTOR…
WHAT EXACTLY DOES IT MEAN?
At Funded in Canada, we are committed to providing inclusive funding solutions. We do not decline applications from clients who apply with a qualified guarantor or co-borrower, and you are free to choose the person who best supports your application.
As part of our process, we carefully assess each applicant’s repayment capacity. If your current financial obligations are considered too high, we still aim to support you by requiring a qualified guarantor or co-borrower to strengthen your application.
We do not impose any specific individual. However, if you are unable to find someone within your personal network, we recommend working with reputable organizations that follow recognized ethical standards within the microfinance industry—particularly those committed to responsible lending and reducing consumer over-indebtedness.
WHO COULD BE A GUARANTOR OR CO-BORROWER?
Have you completed your application and found that you don’t meet the required criteria? Don’t worry—funding may still be within reach.
At Funded in Canada, you can strengthen your application by applying with a qualified guarantor or co-borrower. The guarantor must act free of charge and independently meet the required debt-to-income ratio (not exceeding 45%). This could be a parent, friend, colleague, or any trusted individual who completes the same assessment process.
If you’re unable to find someone within your personal network or prefer not to ask, there are companies available online that offer co-borrower services. While these services may involve a cost, arrangements are made directly between you and the provider.
We’re here to help you explore the right path forward—so you can access funding in a responsible and supported way.
THE QUEBEC ASSOCIATION OF MICROLOAN PROFESSIONALS
CAN’T FIND A CO-BORROWER AND ARE LOOKING FOR ONE?
We recommend working with organizations that follow recognized industry standards—particularly those committed to a strict code of ethics and responsible lending practices. This helps ensure transparency, fairness, and a safer borrowing experience.
CONTACT US
Fill this form to place your Loan request.
- Loans with or without a co-borrower
- Flexible and human loan administration
- Clear and compliant documentation