Borrow today.
Repay on
your schedule.
Waves Financial installment loans give you a fixed repayment plan from day one — weekly, biweekly, or monthly — timed to your pay cycle so every payment is one you can actually make. No surprises. No balloon payments. Just a clear path forward.
Example based on an $800 loan at 23% APR
Payments collected automatically from your bank account — no manual transfers.
A repayment plan that actually fits your life
Unlike payday loans that demand full repayment on your next paycheque, installment loans spread the cost over time — so you can breathe while you repay.
Choose weekly, biweekly, or monthly repayments that match exactly when money lands in your account. No guessing, no scrambling — just predictable, manageable payments.
Your payment amount never changes. From your first payment to your last, you know exactly how much will be collected and when. No rate adjustments, no surprises.
Approved and signed? Your funds are sent by Interac e-Transfer in approximately 2 minutes — day or night, 365 days a year. Installment structure doesn't slow down funding.
Have extra money and want to pay off your loan early? Go ahead — there's no fee for early repayment. You only pay interest on what you owe for the time you owe it.
23% APR, disclosed before you sign anything. You see the total cost of borrowing, your exact payment schedule, and the total repayment amount — all upfront, no small print surprises.
Payments are collected directly from your bank account on the scheduled date — nothing for you to remember or transfer manually. Set it and forget it.
From application to a clear repayment plan — in under 10 minutes
Fill out our quick digital form. Choose your loan amount and preferred repayment frequency. No documents to upload, no branch to visit.
~5 minutesOur system reviews your income instantly. If approved, you see your exact payment schedule — amount, frequency, total cost — before you sign anything.
Under 60 secondsE-sign your agreement and your funds arrive by Interac e-Transfer in ~2 minutes. Your first payment date is set automatically to your next pay cycle.
~2 minutesThree schedules. One right fit for you.
Every Waves Financial loan lets you choose how often you repay. Here's how each schedule works and who it suits best.
Best for people paid weekly. Smaller individual payments spread evenly across the month. Pays down the principal faster, meaning slightly less total interest over the life of the loan.
Our most popular choice. Perfectly aligned with the standard Canadian biweekly pay cycle. Two payments per month, each a comfortable size — the balance between speed and affordability.
Best for people paid monthly or those who prefer one predictable deduction per month. The largest individual payment but the simplest to track — one deduction, same day every month.
Estimates only. Exact amounts depend on your loan terms and payment schedule. Full breakdown shown before you sign.
$500 to $1,000 — all with flexible installment repayments
Every amount comes with the same fixed payment schedule, automatic collection, and ~2 minute e-Transfer funding. Pick what you need.
Borrow what you need.
Repay at a pace that works.
Apply in 5 minutes, get an instant decision, and choose a repayment schedule that fits your pay cycle. Funded by Interac e-Transfer in ~2 minutes. No credit check. No surprises.
Available in 6 Canadian provinces
Licensed and regulated in every province we serve. Your rights as a borrower are always protected.
A repayment schedule that actually worked for them
"I was worried about how I'd pay it back — but picking the biweekly option meant it came out the same day as my pay hit. I barely noticed it. Had the loan paid off in 3 months and never missed a payment."
"Other lenders wanted full repayment in two weeks. That's impossible when you're already stretched. Waves let me spread it over 4 months on a weekly plan — small enough to not derail my budget."
"I'm paid monthly, so the monthly installment option was perfect. One payment, same date every month, and I knew from day one exactly when it would be done. Total transparency. Would use again."