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We sat down with Natalie Bell and Kevin Silver from Magical Credit, a personal loan provider based out of Toronto Canada. Take a look at the fantastic team that helps Canadians with unsecured loans of up to $20,000.
Natalie Bell, Magical Credit:
Magical Credit is a short-term instalment lender, an instalment lender gives a large sum of money anywhere between $500 and $20,000 to an individual that’s having trouble finding money elsewhere. We currently lend throughout Canada except for Manitoba, Saskatchewan and Quebec.
Kevin Silver, Magical Credit:
In today’s day and age most financial institutions require traditional sources of income in order for applicants to be approved for loans. At Magical Credit we don’t, and we like to look at alternative options for borrowers and the child tax benefit is the number one option that Canadians have. We do offer a sage financial advice and can tell you exactly what it is you need to do to get back on track.
Our typical customer is someone that has a non-traditional source of income, someone that receives a self-employed income or a child tax benefit. We offer emergency loans so someone that doesn’t have a savings, someone that’s living paycheck to paycheck and all of a sudden they need $3,000, $5,000 to help their kids get braces and what are they gonna do? You could be trying to rebuild your credit, you’ve made mistakes in your past, perhaps in younger years and you’ve really never had a second chance and that’s why Magical Credit is here – to give you that second chance. Magical Credit customers have told us through reviews and on the phone that they love us because of our excellent customer service. We have a team here at Magical Credit that really goes above and beyond, people tell us that they enjoy our energy enjoy how we communicate with them, our technology. They can sit in the comfort of their home and really get a loan from Magical Credit. That’s why we’re magical!
Stefan Capombassis is the VP of Sales at OnDeck Canada. OnDeck Canada is a national leader in reliable, accessible and efficient online lending for Canadian small businesses. We had the pleasure of chatting with him about the different financing products offered by OnDeck Canada, the best time to take on financing and things to consider before taking on a business loan.July 25, 2022
David Gens is the President & CEO at Merchant Growth, an alternative lending provider specializing in small businesses. In this interview, we talk about important things business owners need to keep in mind when looking for business financing, things to avoid and general trends we've noticed in the industry.May 31, 2022
Gary Schwartz doesn't doubt that the CLA, the Canadian Lenders Association, will have a huge impact on the lending industry. Founded as the voice for tech forward lenders, the CLA is the largest association and national non-profit organization representing innovative lenders.January 4, 2022