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Small Loans in Ontario

  • chAccess to over 50 lenders in one place
  • chTransparency in rates & terms
up Last updated

June 09, 2025

up Written by:

Amy Orr

up Reviewed by:

Jenna West

In Ontario, the population growth continues at a steady pace, while the general consensus is that most seek to improve their quality of life. However not all opportunities require financing on a grand scale. Often times people are looking for loans that are less than $5000 but aren’t sure if there are viable options for them. Fortunately here at Smarter Loans, we are able to connect you with small loan providers that are able to supply small loans. Small loans of less than $5000 often require significantly less in order for you to successfully get qualified and approved. You can expect friendly rates and fast turnovers and ultimately have the funds deposited in your bank account sooner than later.

Without leaving the comfort of your home or office, you can look forward to reliable small loan providers in Ontario and compare terms, rates and offers efficiently.

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Compare Lenders

AMOUNT
$500 - $150,000
INTEREST RATE
9.99% - 34.99%
TERMS
9 - 240 months
AMOUNT
$500 - $25,000
INTEREST RATE
34.56% - 34.95%
TERMS
6 - 84 Months
AMOUNT
$300 - $35,000
INTEREST RATE
9.99% - 34.95%
TERMS
9 - 84 Months
AMOUNT
Up to $20,000
INTEREST RATE
19.8% - 34.99%
TERMS
36 months
AMOUNT
$1,000 - $5,000
INTEREST RATE
19.9% - 34.5%
TERMS
12 - 36 months
AMOUNT
$500 - $1,000
INTEREST RATE
Varies
TERMS
3 - 6 months
AMOUNT
$1,000 – $15,000
INTEREST RATE
19.9% - 34.9%
TERMS
Line of Credit
AMOUNT
$20-$350
INTEREST RATE
0%
TERMS
N/A
AMOUNT
$150-$1000
INTEREST RATE
30.4% APR
TERMS
30 Days
AMOUNT
$300 – $1,500
INTEREST RATE
$14 per every $100 lent
TERMS
Up to 2 Months
AMOUNT
$500 - $15,000
INTEREST RATE
34.37%
TERMS
12 - 60 Months
AMOUNT
$100 - $1,500
INTEREST RATE
Varies
TERMS
2 months
AMOUNT
$500 - $2,500
INTEREST RATE
18.99%
TERMS
Variable
AMOUNT
$100 - $1,500
INTEREST RATE
Varies
TERMS
2 months
AMOUNT
$100 - $1,500
INTEREST RATE
Varies
TERMS
Up to 2 months
AMOUNT
$1,500 to $10,000
INTEREST RATE
Varies
TERMS
12 - 60 months
AMOUNT
$100 - $15,000
INTEREST RATE
34.37%
TERMS
9 - 60 Months

Ontario Actualities

  • Average HI is $74,300.
  • According to the most up-to-date available information, Ontario has 3,602,000 listed home owners.
  • Based on the most recent independent research, an average Ontario resident earns $47,400 per month.
  • The employment rate in Ontario is 60%.
  • The recent official estimates put Ontario’s population at 13,448,000.
This data was researched in 2019 and uses various information resources, including Canada’s National Statistics Agency, etc., where the information can be as of an older date. The facts above may change as new information becomes available. We do our best to keep the information up to date.

Our website provides access to reputable Small Loan providers in Ontario for your specific financial requirements.

Review our catalogue of Small Loan companies to find the lowest Small Loan rates in Ontario.

Small Loans are often used for these goals

  • settling urgent bills
  • acquiring immediate cash
  • gaining a loan with minimum documentation
  • paying off emergency expenditures
  • acquiring funds without collateral

to name but a few.

av
writtenWritten by:

Amy Orr

Amy Orr is a professional writer and editor with over 10 years of experience in the Canadian, U.S. and U.K. financial markets. She has written for numerous publications on topics as diverse as economic literacy, corporate finance, and technical analysis of numerical data. Prior to transitioning to full-time writing, she worked in the hedge fund sector. Her academic background is astrophysics, and she has a Masters in Finance from the University of Edinburgh Business School.

av
writtenReviewed by:

Jenna West

Jenna West is Smarter Loans' in-house financial writer and content director. She has been covering the Canadian FinTech and finance industry since 2017, including financial trends analysis, industry surveys, regulatory updates and changes in Canadian consumer behaviour when it comes to finance.

Awesome G.
04:46 26 Feb 25
I’m very honoured to shear my experience with this illustrious platform. To be able to systematically choose from a list optional to one’s profile without doing much leg work is truly rewarding. This platform allowed to expand my options and chose which lenders fit my profile, thank you and continue doing what you do best,, connecting people to available wealth opportunities.
Pat M.
03:10 26 Feb 25
Good place to get a loan
Chris “Stufphr” H.
02:07 26 Feb 25
When you feel in need of a loan do it smart and make it a Smarter Loans.
Dan Bott (.
01:41 26 Feb 25
Very Helpful, was assisted in a timely fashion and was ultimately able to receive assistance; I highly recommend!!!
joel K.
22:59 25 Feb 25
I have recommended this place to many friends I feel that this company goes out of their way to help people that they can and they are very easy to work with
Nate C.
13:22 27 Oct 24
This company is reliable, quick, and just has the best customer service and rates it is a easy process with quick results. Would definitely recommend to anyone that needs the help.
Vincent J.
07:08 23 Oct 24
Good place for borrowing a bit of money 😁
Kels H.
06:41 23 Oct 24
Personally love this opportunity and app. Super convenient and easy to use and super awesome variety of great loans. Thanks so much guys for making such an awesome site and app and being there for me over the years. :)
Tara H.
16:23 16 Oct 24
From beginning to end, my experience was great! Very professional and personable agents. They only asked questions that were needed for the loan and payments were extremely reasonable. Would recommend to anyone who needs emergency funds.
A S.
19:43 11 Oct 24
“ Thank you SO very much! My situation was tricky and you guys made the whole process so effortless. The way you guys handle the whole process so discreetly. That truly speaks to how well your office is run and the caliber of specialists who handled the processing of my entire loan!”

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