Apply for a small loan of $25 to $350
Apply now – your small loan application takes about five minutes. Choose your amount, verify your income with IBV, and get matched with a licensed Canadian lender — funds often arrive by e‑Transfer the same day.
- 5‑minute application
- All credit considered
- IBV — no credit‑score impact
- Funds by e‑Transfer
When you apply now, starting your small loan application with Speedy Money is quick and free. First time borrowing? Read how to get a small loan. We’re a matching service, not a lender — we connect Canadians with licensed lenders that fund small amounts from $25 to $350. There’s no obligation, and checking your options through IBV won’t affect your credit score.
What you need to apply
- Be a Canadian resident, 18+ (19+ in some provinces)
- Full‑time or part‑time employment income
- An active Canadian bank account for IBV and e‑Transfer
- A phone number and email address
Apply now in four simple steps
- Choose your amount — anything from $25 to $350 — and your province.
- Verify income with IBV — a secure, read‑only, ~60‑second connection that confirms your pay with no credit‑score impact.
- Get matched with a licensed lender and review the full cost of borrowing.
- E‑sign and get funded — often by Interac e‑Transfer within minutes.
Not sure how much to borrow?
Pick the amount that matches what you actually need — borrowing less keeps your cost down.
Frequently asked questions
Is the micro loan application free?
Yes. Speedy Money never charges you to apply or to get matched with a lender. We’re a free referral service.
Will applying hurt my credit score?
No. Getting matched and verifying income with IBV doesn’t run a hard credit check. Your matched lender may run its own checks before final approval.
How quickly will I be funded?
Small loans fund fast. Many borrowers receive an Interac e‑Transfer the same day they apply, once income is verified and the agreement is signed.
What if I have bad credit?
All credit is considered. Approval is based mainly on your employment income through IBV, so a low score doesn’t automatically rule you out.
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.