About Cashco Financial

Cashco Financial, a privately-owned company in Edmonton, Alberta, is dedicated to helping clients improve their credit and access mainstream financial services. With over 140,000 clients, they operate online and through more than 75 branches across Canada.

Cashco offers various loan options and focuses on guiding clients through the entire credit journey to help them achieve financial stability and growth.

Cashco Financial FAQs

What is a  Flex Loan from Cashco Financial?

A Cashco Financial Flex Loan is a long-term personal loan designed to help you finance large purchases, cover unexpected expenses, consolidate debt, or improve your credit score by making timely payments.

You can borrow up to $7,000 for any purpose. You have up to 60 months to repay the loan, and each on-time payment helps boost your credit score.

Can I get a Cashco Flex Loan if I’m new to Canada?

Yes! A Cashco Flex Loan is a great way for newcomers to Canada to build their credit score. If your credit has been damaged, this loan can help improve it.

Cashco’s online reporting dashboard sends each payment directly to the credit bureau, which helps raise your credit score with every installment payment.

What is a Payday Loan from Cashco Financial?

A Cashco Financial Payday Loan is a short-term loan that gives you access to a portion of your future paycheck. It’s a high-interest loan based on your income, also known as a cash advance or check advance loan.

How does a Flex Loan differ from a Payday Loan?

Cashco Financial specializes in Flex Loans, which are a more sustainable alternative to Payday Loans. Flex Loans allow you to borrow a larger amount with lower monthly payments, and they can also help you improve your credit score. However, depending on your situation, a Payday Loan might be more suitable for short-term needs.

How long has Cashco Financial been in business?

Cashco Financial started in 2009, and by August 2017, more than 5,000 Albertans had signed up for accounts. Their steady growth has made them a leading brand in the financial sector, with over $300 million in loans funded.

With a team of over 200 employees, Cashco is dedicated to helping underbanked Canadians access money quickly and securely. They’ve also earned certification as a great place to wor, highlighting their exceptional workplace culture.

Cashco Financial Products

Installment Loan

Loan Amount

• $250 – $9,000

Rates & Term Length

• Interest Rate: Varies
• Payment Schedule: 6 – 60 months

Service Details

• Loan Processing Time: Up to 24 hours 
• Money Transfer Method: Direct Deposit
• Repayment Method: Automatic debit

Eligibility

• Over 18 years of age 
• Must be Canadian citizen or permanent resident
• Must have steady income 

Required Documentation

• Government-issued ID
• Proof of income