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Small Online Loans

One application. 11 lenders from our 50+ network. Funded in 24 to 48 hours.

11 lenders in our network are licensed for payday lending. Payday loans cost $14 per $100 borrowed, the maximum allowed. You can borrow $100 to $35,000. Rates reviewed August 2026.

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Amount: AnyCredit: Any Province: Any Sort: Recommended
★★★★★ 4.4 (14)
Amount
$500 - $35,000
Rate
From 9.99% APR
Terms
6 - 84 months
Funding
48 hours
Best for Borrowers with fair or poor credit who want a long repayment runway and a path to better credit · Instalment loan
★★★★★ 4.5 (13)
Amount
$1,000 - $5,000
Rate (APR)
19.9 - 34.5% APR
Terms
12 - 36 months
Funding
48 hours
Best for Borrowers with poor credit and modest income who need $5,000 or less · Instalment loan
★★★★★ 4.5 (11)
Amount
$500 - $2,500
Rate (APR)
18.99% APR
Terms
3 - 6 months
Funding
48 hours
Best for Ontario and Quebec borrowers who want a small short-term loan at a rate well below the cap · Instalment loan
★★★★★ 4.7 (12)
Amount
$500 - $750
Rate (APR)
23% APR
Terms
3 - 6 months
Funding
48 hours
Best for Borrowers who need a few hundred dollars quickly and want a rate well under the cap · Instalment loan
★★★★★ 4.6 (20)
Amount
$500 - $20,000
Rate (APR)
9.99 - 34.99% APR
Terms
9 - 84 months
Funding
48 hours
Best for Borrowers who want branch support and the option to scale from a small unsecured loan to a large secured one · Instalment loan
★★★★★ 5.0 (4)
Amount
$100 - $1,500
Rate
$14 per $100 borrowed
Funding
48 hours
Best for Borrowers who need a payday advance in a province where their options are limited · Payday loan
★★★★★ 4.3 (18)
Amount
$500 - $25,000
Rate (APR)
34.56 - 34.95% APR
Terms
6 - 84 months
Funding
48 hours
Best for Borrowers who want one provider for both a short-term advance and a larger instalment loan · Instalment loan · Also offers: instalment loan
★★★★★ 5.0 (2)
Amount
$500 - $1,000
Rate
From 22% APR
Terms
3 - 6 months
Funding
48 hours
Best for Quebec borrowers who need a small short-term loan · Instalment loan
★★★★★ 4.8 (26)
Amount
$1,500 - $20,000
Rate (APR)
34.86% APR
Terms
12 - 60 months
Funding
48 hours
Best for Ontario borrowers with fair credit who need $1,500 or more and have been declined elsewhere · Instalment loan
★★★★★ 4.6 (16)
Amount
$100 - $1,500
Rate
$14 per $100 borrowed
Funding
48 hours
Best for Borrowers who want a payday advance and a longer-term line from the same provider · Payday loan
★★★★★ 4.3 (14)
Amount
$100 - $20,000
Rate (APR)
34.37% APR
Terms
6 - 84 months
Funding
48 hours
Best for Ontario borrowers with poor credit who want an instalment loan rather than a payday advance · Instalment loan
Canada borrowing snapshot · H1 2026
Canadians requested an average of $495. 100% asked for under $5,000. top purpose: pay off bills.
Source: Smarter Loans platform data, H1 2026 · Full data in the Lending Demand Index
Requests by purpose · H1 2026
Pay Off Bills
36.7%
Other purposes
29.4%
Medical Expenses
12.1%
Source: Smarter Loans platform data, H1 2026. See the Lending Demand Index

Common questions

Where can I borrow a small amount in Canada?

Payday lenders at $14 per $100 up to $1,500, small instalment lenders at an APR under 35%, and credit-builder or advance apps offering $20 to $250 at 0% with a membership fee. All three serve the same need at very different costs.

What is the cheapest small loan?

For very small amounts over a few days, the 0% advance apps with a monthly fee are usually cheapest. Between $500 and $1,500, an instalment loan under the 35% cap beats a payday loan substantially. The payday product costs the most per dollar borrowed.

Can I get a small loan with no credit check?

Yes. Several lenders in our network approve on income and banking history without a credit check, and the advance apps do not check credit at all.

One application. 11 lenders. Apply Now