Get a fixed-rate, unsecured personal loan.

Get out of debt sooner with a lower interest rate from Borrowell.

Get StartedLearn More

Pay off your credit card

with a lower-interest loan.

Borrowell customers save an average of $5,300 in credit card interest.

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Consolidate your debt into one convenient monthly payment.

Get out of debt sooner with a lower interest rate from Borrowell.

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Get a personal loan for your small business.

Borrow up to $35,000 at rates starting from 5.6% APR.

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Have the wedding of your dreams.

Without carrying expensive debt on a credit card.

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Renovate your home

with a home improvement loan.

Based on your credit, not the amount of equity in your home.

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Canada’s Fastest and Friendliest Personal Loans

At Borrowell, our mission is to make financial services for Canadians fast, fair and friendly.

We’re starting with personal loans that you can get 100% online, from the comfort of your home:

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    Our online form takes only a minute. If you qualify, you’ll instantly get an obligation-free quote.

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    Your scheduled payments
    are the same every month
    and won’t go up. There are
    no prepayment penalties.

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    Got questions? Just call or
    email one of our friendly
    team members!

We’ve loaned millions of dollars of loans to Canadians,
saving many of them thousands of dollars in interest. Join us today!

How it works

1)    Check Your Rate

Find out your rate and loan amount in one minute. If you qualify, you’ll instantly get an obligation-free quote on a personal loan.

2)    Verify Your Info

Answer a few questions to confirm your identity. Provide proof of income and verify your bank account.

3)    Get Your Money

Your money will be directly deposited into your bank account as soon as the next business day. Personal loans are easy!

What Will You Use Your Loan For?

How Much Can I Save?

  • You’re in Control

    Choose loan amounts ranging between $1,000 to $35,000

    We offer term loans for 3 or 5 years. Choose what’s best for you!

    What’s My Rate?


    Our annual percentage rates (APRs) range from 5.60% to 29.19%. Find out your rate now! Checking your rate won’t hurt your credit score!

  • Save Money

    Example: Jill is borrowing $10,000 from Borrowell at 10.5% (APR) to consolidate her credit card debt.

    By moving $10,000 of credit card debt into a lower interest Borrowell loan, Jill saved more then $4,800*.


    *Based on credit card APR of 19.9% and credit card debt repayment of $250 per month.

    See how much you could save by clicking the link below!

    Savings Calculator

I approached my bank, but the process was offline and required an interview. I found Borrowell’s approach very refreshing. The experience was excellent and the process was very straightforward. It left me feeling empowered regarding my finances, as I can pay of my cards and not get further in debt. Borrowell can help you break the credit card cycle and save you money while doing it.

- Tracey C, Halifax
Tracey borrowed $12,000 to pay off her credit cards
I wanted to refinance some high interest debt, so my first stop was my bank. They offered me a very high rate, so I tried Borrowell and got a lower rate. The process was very easy and straightforward, and I loved that it was a soft credit check. The money was in my account in no time. I am happy to give my business to a forward thinking lender.

- Michael G, Campbell River
Michael borrowed $17,500 to consolidate higher interest debt
I considered going through my bank. However I liked that Borrowell gave me an instant rate and the approval process was MUCH quicker. The fast approval, and getting funds deposited quickly, took the pressure off my home improvement project and gave me the peace of mind to get started. I felt I made the right decision and it’s exciting to be a customer of a great financial startup company.

- Dave C, Toronto
Dave borrowed $14,000 to pay for a home improvement project
Having an excellent credit score finally paid off! Borrowell was so easy, and I didn’t have to leave my house, which is great as I have a newborn baby. The customer service was fantastic, and it was a much more pleasant experience than my bank. I would recommend Borrowell to anyone, and I look forward to using them again in the future.

- Angela S, Calgary
Angela borrowed $20,000 to help start her own small business

All feedback is from real Borrowell customers. Personal information has been changed to protect customer privacy.