Smarter way for Canadians 🇨🇦 to borrow money at any time.
FundingOwl offer fast and easy payday loans with 98.99% approval rate 👍. Get up to $1,500 instantly upon approval with no credit check ever. Receive money in 2-5 minutes with Interac e-Transfer®. Cash out directly into your bank account. Apply online 24/7 and even on weekends and public holidays.
Get a loan now- *FundingOwl is an independent comparison website, not a lender or a broker.
- *Applying won't affect your credit score.
- *Loans approval are subject to creditworthiness and affordability checks.
No Refusal Payday Loans Canada
We approve 9 out of 10 applications, meaning your chances of getting loan approval is 'HIGH'.
Why prefer FundingOwl?
- 1
Fast e-Transfer®
Money sent directly into your account under 5 minutes by Interac e-Transfer®, once approved.
- 2
Get loan anytime
24 hours a day and 7 days a week available online to access cash when you need it.
- 3
Perfect match of lenders
We have 40+ direct lenders in Canada which means you can match with the right lender in minutes. Our current approval rate is 98.99%.
- 4
Bad credit welcome
Even if you have low or bad credit score, we may still able to find a perfect loan for you through our panel of lenders. We consider more than just your past credit history.
Our services
Installment Loans
If you need an installment loan, FundingOwl can help. You can borrow from $500 up to $35,000 or more with repayment time over 5 or more years.
Bad Credit Loans
It's really tough to get a loan, if you have bad credit. But at FundingOwl, we consider all credit types and offer bad credit loans to people with poor credit history.
No Credit Check Loans
Do you want to avoid a credit rating check? Don't worry! We have lenders who skip traditional credit checks and offer payday loans with no credit check.
e-Transfer® Loans
Looking for money ASAP? Apply for instant e-Transfer Payday Loans in Canada 24/7 and get funds within 2-5 minutes.
3 Steps To Get Your Online Loan
At FundingOwl, you experience fast, secure, and easy application process:
- 1
Fill out our form:
It takes your few minutes to complete our 100% online application form.
- 2
Get quick decision:
After filling and submitting out the form, you'll get an instant decision within seconds from one of our lender.
- 3
Fast cash payout
Once your loan is approved, the loan amount will be deposited into your bank account within 2-5 minutes by e-transfer.
Who is FundingOwl?
Whatever you need the money for, FundingOwl is here to help you with short-term and long-term cash solutions. Whether you're looking to borrow money to cover cash shortage emergencies or want to buy something special, apply online with us, and we can help you through our wide range of loans. If approved, get funding in your account ASAP! We're here to make borrowing easy.
$11+ million
funded to customers.
124k+
successful applications.
98.99%
loan approval rate.
Frequently Asked Questions ✍️
We're here to answer your questions
What is meant by a payday loan?
A payday loan ranges between $100 to $1,500, typically due until your next payday. You can apply for such loans through storefront payday lenders or online. At FundingOwl, you can apply for online payday loans from the comfort of your home 24/7 and receive instant decisions. If approved, we'll e-transfer funds into your account within 2-5 minutes*.
Are payday loans a good idea?
As long as you can afford your loan repayments on time, payday loans are an excellent way to get quick cash, especially during emergencies. Keep in mind that payday loans are only ideal for short-term financial commitments. FundingOwl has 40+ licensed payday lenders in Canada that match your financial needs more safely.
Do payday loans affect your credit in Canada?
Generally, payday loans in Canada are not reported to three major credit bureaus: TransUnion, Equifax, and Experian. Payday loans will likely impact your credit scores once you default on them.
How many Canadians use payday loans?
There are approx. 2 million Canadians are estimated to take payday loans yearly through storefronts or online.
Are payday loans illegal in Canada?
No, payday loans are allowed in Canada under section 347.1 of the Criminal Code and regulated under each provincial law. Always make sure to choose a licensed and trusted payday lender. FundingOwl only partners with lenders who are responsible, direct, and hold valid licenses to offer payday loan services.
What is the most accessible loan to get with bad credit?
A payday loan is the easiest and quickest way to get loans with a bad credit score. These are short-term and small-amount loans, typically paid back with your next paycheck. Unlike traditional banks and lenders, FundingOwl considers other factors like income and loan affordability while assessing a loan rather than only past credit histories.
Can I borrow money without a credit check?
Payday loans, secured loans, and guarantor loans are the options that don't require a credit check for approval. However, loans without credit checks are offered at higher interest rates and fees, so make sure you can afford the repayments on time.
How much can I borrow with FundingOwl?
Our payday loans are ranging between $100 to $1,500. To apply, you will need to submit an online application with us.
What is an e-Transfer payday loan?
E-transfer payday loans are short-term loans by which you can get money directly into your bank account within a few minutes by the Interac e-Transfer® method. With FundingOwl, once your online payday loan is approved, we will send you the funds through e-Transfer within 2-5 minutes (subject to your bank process).
Can I get a loan on weekends?
Yes, some payday lenders in Canada approve and fund payday loans on weekends. You can now apply with FundingOwl for online payday loans that deposit on weekends. We offer payday loans that are available 24/7, 365 days a year. If approved, you could get funded within a few minutes by e-transfer.
Hear YES with FundingOwl…
Get rapid finance when you need it with the help of FundingOwl and concord your shortage of cash.
Apply Now