Simple 3-step process

Get your cash in under 10 minutes

No credit check. No paperwork. No branch visit. Apply online, get an instant decision, and receive your $500–$1,000 by Interac e-Transfer — from anywhere in Canada.

Apply Now — It's Free See the steps ↓
5 minTo apply
2 mine-Transfer time
24/7Always open
0Credit checks
$500–$1KLoan range
01
First step

Apply online in 5 minutes

Our application is 100% digital. Complete it from your phone, tablet, or computer — no documents to scan, no forms to print, no branch visit required. We collect only what we need to process your loan.

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Fill in your personal details, employment info, and select your loan amount from $500 to $1,000
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Securely connect your bank account using our encrypted Flinks banking verification — no manual numbers to enter
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Choose your repayment schedule to match your pay cycle — weekly, biweekly, semi-monthly or monthly
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Your SIN and banking information are protected with 256-bit SSL encryption — the same standard used by Canadian banks
Application form
👤John Smith
📧john@email.com
📱(604) 555-0123
🏦Bank connected — RBC ••••4521
💰Loan amount: $750
Step 1 of 3 — 80%
02
Second step

Get an instant decision

No waiting days for a call back. Our automated review system evaluates your application the moment you submit it — day or night, weekday or weekend. We look at your current income and ability to repay, not your credit history.

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No credit check — we never pull your credit report or affect your credit score
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Automated review means no waiting for a loan officer — decisions happen in real time
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Available 24 hours a day, 7 days a week, including evenings, weekends, and holidays
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If approved, you'll be prompted to review and e-sign your loan agreement digitally — no printing required
Instant decision
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You're Approved!
Decision made in under 60 seconds
✓Income verified
✓Bank account confirmed
✓Loan agreement ready to sign
✓e-Transfer queued
03
Final step

Receive your cash by e-Transfer

Once you've signed your digital loan agreement, your funds are sent immediately via Interac e-Transfer — directly to the bank account you connected during your application. Most customers receive their money within 2 minutes of signing.

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Funds sent within 2 minutes of signing your loan agreement — at any time of day
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Works with all major Canadian banks — RBC, TD, BMO, CIBC, Scotiabank, Desjardins and 700+ more
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Repayments are collected automatically via pre-authorized debit on your chosen schedule
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Pay early at any time with no penalty — and save on interest
Interac e-Transfer sent
$750
deposited to your account
Waves Financial
→
Interac
→
Your Bank
⚡ Delivered in ~2 minutes
Eligibility Requirements

Do you qualify?

Our eligibility criteria are straightforward. Most Canadians with a steady income qualify — regardless of their credit history.

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Age 18 or Older

You must be at least 18 years old to apply. Residents of some provinces must be 19 or older.

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Canadian Resident

Currently available to residents of British Columbia, Ontario, Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland & Labrador.

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Steady Income — 3+ Months

You must have received the same source of income for at least the past 3 months. Employment, self-employment, government benefits, and EI all qualify.

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Minimum $800/Month Net

Your after-tax monthly income must be at least $800 to ensure you can comfortably manage repayments alongside your existing expenses.

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Active Canadian Bank Account

You need an active Canadian chequing or savings account that supports pre-authorized debits, open for at least 3 months.

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No Active Bankruptcy

You must not be currently in bankruptcy or actively pursuing a consumer proposal at the time of your application.

Repayment

Flexible repayment options

Choose the repayment schedule that works best for your pay cycle. All payments are collected automatically via pre-authorized debit — no manual transfers, no missed payments.

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Weekly

Smaller payments every week. Ideal if you're paid weekly and prefer spreading your repayment over more installments.

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Every 2 Weeks (Biweekly)

The most popular option for Canadians. Aligns with most biweekly pay cycles for seamless automatic repayments.

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Twice a Month (Semi-Monthly)

Two fixed payments per month, typically on the 1st and 15th. Great for salaried employees paid semi-monthly.

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Monthly

One larger payment per month. Best for those on monthly income like pensions, government benefits, or self-employment.

Example — $750 Loan
Loan amount $750.00
Annual Percentage Rate 23.00%
Repayment period 90–150 days
Est. total repayment ~$1,030
Early repayment penalty None
Credit check required No
⚠️ This is an estimate. Exact repayment amounts depend on your selected schedule and loan term. All fees are disclosed in your loan agreement before you sign.
Common Questions

Still have questions?

From start to money-in-your-account, most applicants complete the process in under 10 minutes. The application itself takes about 5 minutes, and once approved and signed, e-Transfer delivery takes approximately 2 minutes.
No. Waves Financial does not perform a hard credit inquiry. We use bank verification (Flinks IBV) to assess your income and repayment ability. Your credit score is not checked and will not be impacted by applying.
Yes. We accept all forms of regular income including Employment Insurance (EI), disability benefits, CPP, OAS, ODSP, and other government assistance programs — as long as you've been receiving it consistently for at least 3 months and your net monthly income is at least $800.
If a payment is returned due to insufficient funds, a $45 NSF fee applies as outlined in your loan agreement. The missed payment is rescheduled to the end of your contract. If you anticipate difficulty making a payment, contact us at least 48 hours in advance — a $25 deferral fee applies but no NSF charge.
Yes — at any time, with no early repayment penalty. In fact, paying early saves you money on interest. Simply contact our customer service team to arrange an early payoff.
Yes. Waves Financial is a licensed Canadian lender operating under the applicable lending regulations in each province we serve: British Columbia, Ontario, Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland & Labrador.

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