Affordable, Fast, Flexible Loans for Self-Employed


Affordable, convenient loans for self-employed

Online funding with a decision in 10 minutes.



No branch visits, no documents needed

Unplanned expenses happen to even those who are most prepared. From major purchases such as new computer hardware, to sudden equipment failure - keeping every aspect of your business running efficiently with minimal downtime is something crucial from small businesses to large corporations.

That's why we created our fast, friendly, online Personal Loan. Borrow from $500 to $15,000 in 10 minutes. Apply online 24 hours a day, and get an instant decision. Once approved, we'll deposit the funds you need directly into your bank account. Pay your loan off at any time - or make extra payments when you need to, our flexible fee-free loans never have hidden charges or penalties 


Christopher's story

No time for downtime

Christopher experienced a major equipment malfunction during his busiest period, and could not afford to have a week of downtime while his bank processed the application. Thankfully he found Ferratum while searching for alternative lenders. Chris told us he loved our instant decision and fast funding times, allowing him to buy new equipment the next day and keep his business profitable.

Loan amount: $15,000   Weekly Payment: $90


Why small business owners choose Ferratum

At Ferratum, we’re committed to providing affordable financial solutions to any small business or self-employed Canadian. We’ve perfected our lending process to be as straight-forward as possible, allowing you to focus on more important things.

Ferratum Money

From 18.9% APR

No documents

100% online

Funds in 24 hrs

Other lenders

25.5% to 59.7% APR


Finalize in branch

3 to 5 days

No fees, ever

At Ferratum, we're proud to say our Personal Loans are completely fee-free. Our loans are fully unlocked, allowing you to pay a bit more, or pay your entire loan off whenever you wish.

No origination fee

Add payments

Pay off any time


We work with you

We work with you

You’re more than just a credit score. We'll help you find the best lending package based on your financial history in minutes, 24 hours a day.


Calculate your loan >



World-class Customer Care

Real people who care

Our personal Customer Care staff are available to assist you before, and during your loan application through online chat, phone, or email.


Visit our Help Centre >


What do I need to apply?

Canadian citizen

Canadian citizen

Email address

Email address

Mobile phone

Mobile phone

20+ years old

20+ years old


      Am I Eligible?      


Fastest deposits

Incoming funds

We've been consistently rated one of the fastest digital lenders, anywhere. Your approved funds arrive in your bank in under 24 hours.


See how fast >



Easy application

Simple and straightforward

No more paper forms, or intrusive branch visits. Complete your loan application in under 10 minutes, on any device, any hour of the day.


Try It Now >



Trust, transparency, responsibility

Ferratum is a pioneer in digital and mobile financial services technology, currently operating in 25 countries, offering a variety of financial services including: digital consumer and business lending; mobile banking services; white label and partnered mobile bank platforms.

Ferratum Group is listed on the Prime Standard of Frankfurt Stock Exchange under the symbol 'FRU.'

      Learn more      

Apply now

Get back up and running with an instant online loan decision.



Available for amazing people living in ON, BC, AB, NS, NB, NL. Borrowing amounts of $500 to $15,000 CAD from 6 to 60 months. Our interest rates start from 18.9% and are calculated based on your overall financial health. Apply to see your rate and how much you're approved for. Have more questions? Don't hesitate to chat with one of our Customer Care representatives.