Need a little to get to payday? Borrow $25 to $350, funded fast.
Speedy Money connects working Canadians with licensed lenders for small loans — the micro amounts the big banks won’t bother with. Pick your amount, verify income in about 60 seconds, and get funds by Interac e‑Transfer.
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How it works
- Funds in minutes
- All credit considered
- IBV — no credit‑score impact
- Licensed Canadian lenders
Small loans Canada‑wide, from $25 to $350. Speedy Money is a free matching service for Canadians who need a genuinely small amount — not a $5,000 personal loan with months of interest. Whether it’s a tank of gas, a phone bill, or groceries before your next paycheque, we help you borrow only what you need and pay it back on your next payday. We’re not a lender; we connect you with licensed Canadian lenders who fund micro amounts promptly. New to this? See how to get a small loan.
How Speedy Money works
Speedy Money works in four steps: choose an amount from $25 to $350, apply online in about five minutes, verify income with a 60-second IBV check, and get funds by Interac e-Transfer.
- Pick your amount. Choose anything from $25 to $350 and tell us your province and employment income.
- Get matched. We connect you with a licensed Canadian lender that funds small loans — usually in seconds.
- Verify income with IBV. Instant Bank Verification is a secure, read‑only, ~60‑second connection that confirms your pay without touching your credit score.
- Get your money. Review the cost of borrowing up front, e‑sign, and receive funds — often by Interac e‑Transfer within minutes.
How much do you want to borrow?
Speedy Money is built for the small stuff. These are the most common micro amounts Canadians ask us for — tap one to see the details, typical cost, and repayment for that amount.
Need a round figure under $500? See small loans under $500 or our full micro loans Canada guide. New here? See the smallest loan you can get in Canada.
Small loans in your province
We match borrowers in every province and territory. Small loans Canada‑wide follow the same simple process, with each province’s consumer‑protection rules applied by the lender.
- Ontario
- Toronto
- British Columbia
- Alberta
- Quebec
- Manitoba
- Saskatchewan
- Nova Scotia
- New Brunswick
- Newfoundland & Labrador
- Prince Edward Island
- Yukon
- Northwest Territories
- Nunavut
Why choose Speedy Money for small loans Canada-wide
Speedy Money is built for genuinely small amounts: $25 to $350 loans, income-based approval, the full cost disclosed before you sign, and funding often the same business day.
- Genuinely small amounts. $25–$350 only — we don’t push you toward a bigger loan than you need.
- All credit considered. Approval is based on your employment income through IBV, not just a credit score.
- Fast funding. Small loans fund fast — many borrowers get an e‑Transfer the same business day they apply.
- Honest cost. You see the full cost of borrowing before you sign — no surprises.
- Free to use. Speedy Money never charges you to get matched.
What a small loan costs in Canada
Speedy Money’s lenders operate under Canada’s federal cost‑of‑borrowing rules — the criminal interest rate is capped at 35% APR (in force since January 1, 2025). Because the amounts are small and the term is short, the dollar cost stays low even though the APR looks high on paper. Here’s an illustrative example for a small loan repaid over a typical short term:
| Amount borrowed | Example term | Illustrative cost* | Total to repay* |
|---|---|---|---|
| $50 | 2 weeks | ~$0.67 | ~$50.67 |
| $100 | 2 weeks | ~$1.34 | ~$101.34 |
| $200 | 4 weeks | ~$5.37 | ~$205.37 |
| $300 | 4 weeks | ~$8.05 | ~$308.05 |
*Illustrative only, capped at the federal 34.99% APR maximum. Your actual rate, fees, and total cost are set by your matched lender and shown in full before you sign. Always read your loan agreement. Source: Financial Consumer Agency of Canada (FCAC).
Frequently asked questions
What are small loans in Canada?
Small loans are micro amounts — at Speedy Money, $25 to $350 — designed to cover a minor cash gap until your next paycheque. They’re smaller and shorter than a typical personal loan, so the total cost of borrowing stays low.
Can I get a small loan with bad credit?
Yes — all credit is considered. Speedy Money’s lenders approve based on your employment income (confirmed with IBV), so a low credit score doesn’t automatically disqualify you. We never promise guaranteed approval.
How fast will I get the money?
Small loans fund fast. Once you’re matched and your income is verified, many borrowers receive funds by Interac e‑Transfer the same business day — sometimes within minutes.
What income do I need?
Speedy Money matches Canadians with full‑time or part‑time employment income in any province or territory. Income is confirmed securely through IBV — read‑only and with no impact to your credit score.
Does checking my options affect my credit score?
No. Getting matched and verifying income through IBV does not run a hard credit check, so it won’t lower your score. The lender may perform its own checks before final approval.
Small loans Canada counts on
Speedy Money has built its whole service around small loans Canada-wide – nothing bigger, nothing slower. When you need small loans Canada residents can actually get approved for, the amount stays between $25 and $350 and the decision rests on your income, not your credit score. That focus is why small loans Canada borrowers choose Speedy Money: fast funding, an honest cost shown up front, and no pressure to borrow more than you need. For genuinely small loans Canada-wide, this is the simple, low-cost way to get to payday.
About the author
Speedy Money is a free loan‑matching and referral service, not a lender, broker, or financial adviser. We do not make credit decisions or guarantee approval. Loans are provided by independent licensed Canadian lenders whose rates, fees, and terms vary and are governed by Canada’s cost‑of‑borrowing laws (federal criminal interest rate cap: 35% APR). Borrow only what you can repay. Speedy Money matches Canadians with full‑time or part‑time employment income only.