How it works
The loan guarantee
Mon Petit Prêt is a company offering a loan guarantee service. Guarantee fees between $130 and $630 are applicable and vary according to the amount borrowed and the repayment period. Please note that no fees are required upon signing the contract. Do not hesitate to contact us and one of our advisors will be pleased to tell you the amount of fees applicable depending on the amount you wish to borrow.
The approval process
Our approval process is based on the documents you provide to us in order to assess your ability to repay. We use our own analysis techniques and expertise to evaluate your request and not to impact your credit file.
How does online micro-lending work?
If you need to borrow an amount of $1250 or less, you should know that anyone can take out a loan online in a quick and easy way. With Mon Petit Prêt, carry out your projects by requesting a loan ranging from 250$ to 1250$. You can complete your application online or contact us for more information.
Get your loan in 3 easy steps
3 étapes faciles
3 étapes faciles
Fill out the form and
submit the necessary
documentation
submit the necessary
documentation
Get your approval
in less than an hour
d’une heure
in less than an hour
d’une heure
Receive your money
directly into your
account
directly into your
account
Eligibility Criteria
- Be 18 years of age or older
- Be a resident of Canada
- Have a stable job
- Receive your salary by direct deposit into a Canadian bank account
- Have a net income of at least $1200 per month
- Not have made a consumer proposal in the last 6 months or plan to make a consumer proposal in the next 6 months
Required documents
- Instant Bank Verification (IBV)
- Recent pay stub
- Identification document (driver’s license, health insurance card or passport)
- Social Insurance Number
- Proof of residence (Any bill or document showing the same address as your profile)
Sources of income not accepted
- Social solidarity (If net income is less than $1200 per month)
- Support payments
- Loans and grants