Receiving Funds

How will I receive my funds?

Once approved, your loan will be sent via e-transfer, usually within 1 hour.
Most customers receive their funds the same day—often within minutes.

Is e-transfer safe?

Yes. We use secure Interac e-Transfer technology to deliver your funds quickly and safely, straight to your email or mobile banking app.

Can I get a loan on weekends or holidays?

Yes! Simple Financial offers 24/7 application and approval.
If approved outside banking hours, your e-transfer may process the next business day.

How quickly can I get the money after approval?

Once you're approved and have signed your contract, funds are sent automatically via e-Transfer to your application email.
In most cases, you’ll receive the money within minutes.