Flexible Online
Payday Loans in Canada
Repaid Over 3 to 9 Months
Loans up to
$2500
Funds in 1 Hour
Approval based on your banking history
Funds in 1 hour by e-transfer | Direct credit
15 minutes to apply
Pay over 3 to 9 months
Trusted,
Quick & Easy
Loan Provider
Quick Online Loan Application
Whatever your current needs are, you can get funds deposited directly into your account within 1 hour of receiving notification of approval by text message or email.
Fast & Easy Approval
It takes just 15 minutes to apply online. Agents are available to assist you throughout the process should you have any issues. Treat yourself to a simplified borrowing experience.
Safe & Private Loan
Apply with peace of mind. Our application is completely secure, and none of the information you provide is shared with third parties that aren’t directly involved in the application process.
Loan Information Disclosure
Loan amounts available: $300–$2500
Typical repayment period: 3–9 months depending on amount of credit requested
Guaranteed satisfaction: Reimburse within 48 hours and no fees apply
Interest rate: 18%
Loans provided by Lamina to connect you with lender funding.
Direct lending is possible. Optional: Lamina as guarantor enables fast processing and quick approval. APR can be as high as 250% when our fees are factored in.
Flexible and fair: Reimburse within 30 days to pay 20 per hundred, within 15 days to pay 15 per hundred. Better terms than a standard payday loan. Reduced fees at any time the loan is paid in full before term.
Our loans are like short-term loans you can decide to pay quickly if you only needed the loan to bridge the gap to your next pay.
An administration fee of $50 applies on missed payments without communication from the client. This covers our banking fees as well as the human cost of trying to reach you.
For example, if you were to receive a $900 credit, used Lamina’s guarantor services and were paid weekly, you would make 19 payments of $73.52 for a total of $1396.80 over five months. That is a total cost of $496.80, all fees included.
Quick
INFORMATION
Eligibility Criteria
Our base criteria are to have a steady income and be 18 years of age or older.
Certain government benefits programs aren't eligible.
Interest Rates and Fees
On average, the amount borrowed will bear 18% interest annually, excluding guarantor fees.
Brokerage fees vary according to the amount borrowed and time paid back, from $15 to $56 per hundred borrowed and amount to an APR that varies from 120% to 275%, all fees included.
Required Documents
No documents are needed if you use online banking.
Otherwise, a pay stub, void cheque, 30–60 days of banking history, and a picture of a photo ID can be sent by email or fax.
Sample loan amounts and loan repayments
Here are a few examples of the amounts paid depending on your revenue deposit frequency and the amount borrowed.
300
7 × 67.02 Weekly
4 × 117.55 Every two weeks
2 × 235.88 Monthly
700
15 × 71.44 Weekly
8 × 134.25 Every two weeks
4 × 269.61 Monthly
900
19 × 73.52 Weekly
10 × 139.99 Every two weeks
5 × 281.24 Monthly
1500
26 × 86.77 Weekly
13 × 173.75 Every two weeks
7 × 325.19 Monthly
Frequently Asked Questions
What types of loans do you offer?
Lamina.ca is a brokerage firm that offers flexible short-term loans in amounts between $300 and $2500. It's an alternative to a payday loan. These can be used like a payday loan if you wish to repay quickly, or as a short-term loan with more flexible installment options that fit your budget.
How fast can I get approved for a loan?
Most applications are reviewed within the hour. If approved, funds are deposited directly into your account within 60 minutes or e-transferred if your bank doesn't accept the direct deposit method.
What are the repayment terms?
Repayments are set up automatically on your paydays and withdrawn directly from your account, making it simple and predictable to pay down your loan on time.
What kind of verifications do you do to approve a loan?
We use trusted bank account verification providers to access up-to-date transactions and authenticate your identity, so you don’t have to send documents. We don’t call your employer and rely solely on your recent transactions for approval — no other verifications are necessary.
Other Questions?
