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Short Term Loans Ontario, Canada

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

June 12, 2025

In Ontario, short term loans are massively growing in polarity. This is due to the nature of a short term loan which is a loan that is paid back in full within a short amount of time. Smarter Loans has many great loan options to help people in Ontario get approved. They provide the recipients of the loan a multitude of options. For example, they can take out a loan and select a clear timeframe when to pay it back with interest. Terms normally range between a few months to a few years. Short term loans could be beneficial as they can be purposed for anything. They are especially useful for emergency purposes where unexpected expenses can tip a business over. Not only could these loans be used for business functions, many of our recipients tend to use these loans for personal reasons as well. Unpaid credit card bills, hospital expenses, and home renovations are just a few examples that we find our customers in Ontario using their loans towards.

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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 Info Box

  • According to the latest research, Ontario has 3,602,000 listed home owners.
  • Based on the most recent stats, an average Ontario inhabitant earns $30 per hour.
  • As per the most up-to-date available information, an average Ontario resident makes $47,400 per month.
  • Employment rate is 60%.
  • The areas of study interests of Ontario population lie mostly in business, management and public administration, architecture, engineering, and related technologies, agriculture, natural resources and conservation.
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 online portal is your one-stop source for locating qualified Short Term Loan lenders in Ontario for all your financing needs.

Browse our list of Short Term Loan companies to get the most current Short Term Loan rates in Ontario.

Short Term Loans are commonly used for the following goals

  • obtain a loan for a short amount of time
  • fund a personal or business purchase
  • pay for unexpected expenses
  • go on vacation
  • get a fast cash loan that can be paid back quickly
  • pay for a home improvement project

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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