About AimFinance

AimFinance is about affordable borrowing for Canadians with fair credit that find their options are limited. We believe every Canadian should have the right to be able to access to credit when needed. AimFinance helps customers with easy financing solutions to provide fast funds for any expenses you have.

What Loans Can You Get at AimFinance?

AimFinance offers personal installment loans from $1,000 – $5,000 that you can borrow from 9 to 24 months. The length of the term available will depend on the amount borrowed along with your credit profile.

Loan Requirements

• 18 or older and citizen or resident of Canada
• Active bank account (checking) w/ direct deposit
• Monthly net income of $1,200 or greater (deposited into your bank account)

You should also have a valid mobile phone number, email address, and a Canadian physical address of residence.

The application will ask questions for identity and income verification, with no additional documents required in most cases.

Please refer to their website for types of income that are accepted. Always refer to our website for most accurate info.

What Else to Know About AimFinance?

There are no application fees, and you can pay off your loan early without prepayment penalties. Our online application is easy to complete and takes a few minutes. Once you submit, you should have a quick decision for your request.

If your application is approved, you should receive your funds the next business day deposited in your bank account. Those that apply early enough and approved can sometimes receive funding the same day.

Who is an AimFinance customer?

Anyone can apply, and there is no typical customer with AimFinance. The one thing in common is their credit score might be less than perfect. An AimFinance customer can be a tradesperson, teacher, in healthcare or just about any profession.

When we look at a customer, we look for creditworthiness. If we determine they are likely to repay the loan request, they could be a customer.

Note that we are not able to assist those that have filed a consumer proposal or bankruptcy recently

AimFinance Products

Personal Loan

Loan Amount

• $1,000 – $5,000

Rates & Term Length

• Interest Rate: 35% APR
• Payment Schedule: 9-24 months

Service Details

• Loan Processing Time: Less than 24 hours
• Money Transfer Method: EFT (Electronic Funds Transfer)
• Repayment Method: eTransfer & EFT (Electronic Funds Transfer)

Eligibility

• You must be at least 18 years old.
• You must be a Canadian citizen or a permanent resident.
• You need to be employed.
• You should earn at least $1,200 per month.
• You need an active Canadian bank account with online banking access.
• You must have a valid phone number, email address, and physical address in Canada.
• Minimum credit score of 600 

Required Documentation

• Government-issued ID
• Proof of income
• Bank with direct deposit