How does it work

What is Thunderloan?

As a financial service, Thunderloan offers Canadians an alternative to classic financial institution loans. Our loan solutions are convenient, fast, and easy to acquire in Canada, thanks to our proprietary technology.

Our team is dedicated to disrupting the quick loan services business and helping many customers receive loans without a complicated financial approbation process.

Bottom line, we’re here to help you get a loan in a flash, when you need it!

Why use
Thunderloan?

We’re here because sometimes you need money… fast. Life can throw you curveballs: unexpected bills, need for repairs or other surprise expenses that you need to handle now.

Thunderloan is dedicated to making the loan process as quick and easy as possible. As a result, we developed a straightforward application that allows you to qualify in under a few minutes with no credit check!

Our service is operating 24/7 to help you with your urgent money needs!

If you apply online, you can usually receive the cash within a few hours after it is approved. You don’t have to wait in line or fill out a lot of paperwork.

Our customer service is here to help you decide the best solution for your situation.

What is a quick
E-Transfer Loan?

Ready for some extra cash? Just complete our quick and easy online application, no credit check is required, and you could be eligible for e-transfer loans from $500 to $1,000 the same day. No need to wait in line at a bank or make an appointment with a loan officer. With e-transfers, you can have the money you need in your account fast! What’s more, e-transfer loans ensure that all of our customers enjoy competitive rates and terms. So don’t wait any longer – apply today for e-transfer loans from our bank and get the money you need when you need it!

Often, online payday loans are approved within an hour, giving the lender almost instant access to the money. In addition, the payback period is flexible, allowing you to repay the loan in 3, 6, or 12 installments based on your circumstances.

Who should get a quick E-Transfer Loan?

While quick online loans aren’t for every situation, when time is a critical factor, we’re here to help you out.

Traditional banks might have lower fees, but not all money emergencies fit into regular business hours, and you can’t always get to a bank or wait the days or weeks it might take to approve a loan when you need cash in a hurry.

A Short-term loan can be a great option for:

Saving your credit score from taking a hit from an unexpected expense or fee;
Not draining your emergency cash reserves when a small strategic loan will do;
Any situation where a quick influx of cash can get you back on track (especially if your credit score isn’t stellar).

Our excellent customer service staff are standing by around the clock to help find a solution to fit your needs!

Who can get a quick E-Transfer Loan?

You must meet the following requirements in order to qualify for a quick loan in Canada with Thunderloan:

Must be a Canadian citizen, aged 18 years or older, residing in Ontario, Prince Edward Island, British Columbia, Alberta, Manitoba, Saskatchewan, Nova Scotia, New Brunswick or Newfoundland.
Must own a Canadian bank account (active for at least three months), in which you receive direct deposits from your employer.
Must have stable employment for a minimum of three months, making at least 1200$ a month. You must get your pay via direct deposit.
Must have little to no “insufficient funds” transactions.
Must not be considering bankruptcy or participating in consumer proposals.
Have a low ratio of short-term debt (little to no other active payday or short-term loans)

We regret that the following income sources do not qualify for a quick loan:

Self-employment
Child tax credit
Retirement savings
Student loans
All forms of social assistance
Private pensions
Disability income
Other insurance income

Can I renew my loan?

Absolutely! Should you run into circumstances that make repaying your original loan difficult, simply click on “Renew Your Loan” and follow the instructions.

Renew your loan