Amount of your paperless loan ibv

Choose the amount of cash for your personnal loan


Refund period :
3 months

Annual interest rate of 23.99%.

Loan Without Document!

Fast bank deposit


Refund period :
4 or 5 months

Annual interest rate of 23.99%.

Loan Without Document!

Fast bank deposit


Refund period :
5 or 6 months

Annual interest rate of 23.99%.

Loan Without Document!

Fast bank deposit

Get your mini loan as soon as possible

Alpha Loans is proud to offer you the safest, fastest and easiest technology on the market. With its 256-bit encryption, Instant Bank Verification (IBV) is the easiest way to obtain a mini loan in Quebec.

This system, used by the major banks and financial institutions in Canada, allows us to lend you the money you need now even faster. You won’t even have to send a single document!

We understand that when you need an urgent mini loan, time is of the essence and you want to get your money quickly. Our micro-loans are in the form of variable credit, which gives you even more options when it comes to your repayments.






1. Fill in the form

2. Approbation rapide

3. Prompt approval


All the answers to your questions!

What is IBV (Instant Banking Verification)?
It is the latest technology used by banking institutions. It allows us to access a read-only copy of your bank statement and confirm your information. With this system, you don’t have to send us any documents, which allows us to approve you for your mini loan even faster.

Is the IBV secure?
Quite simply, it is the most secure technology on the market. It’s the same level of security you’ll find at the major Canadian banks. We will never have access to your username and password.

What will you do with the information you collect?
All we need to access is a read-only copy of your bank statement. This information will never be disclosed as stipulated in our privacy policy.

Do you have access to my bank account username and password?
No, we do not. It is impossible for us to even log into your account. We will simply receive a secure version of your bank statement.

Do I have to go through these steps?
This system makes it easy for you. You don’t have to worry about finding a fax, scanning documents or even sending us a single document. The traditional method is still available. To use the traditional method, simply send us your bank statement for the last 31 days, a recent pay stub, proof of identity, proof of address and a sample cheque to or via your Client Access.


What is the annual rate?

We work with the best financial institutions to offer you an annual interest rate of 22%.

Do you have an example of loans and payments?

Of course, if you need a withdrawal from your $750 facility, our team will ensure that the money is deposited directly into your account before the end of the day. Once you have received your loan, you will be able to pay it back in 10 payments of $120.
This information is given for example purposes only and assumes that the withdrawal made is repaid in full according to the agreed upon amortization schedule, without any new withdrawals or re-borrowing being made before the full repayment.
The above example considers a weekly membership fee of $20, which must be paid by the client as long as there is a balance owing on the credit facility.
The amount of the membership fees is subject to change at any time and Instant Loan reserves the right to modify the fees, their allocation, calculation and the terms and conditions of any new facility granted.
The above example does not include any administration fees, deferral fees, fees for drawdowns refused by your financial institution, re-borrowing fees, maintenance fees or other fees that may be imposed in connection with the occurrence of a default or your management and use of your facility.

What Happens If I Default My Payment?

There are two possibilities;
The first is that your pre-authorized payment has bounced back. In this case, you will be charged a $25 fee. Your financial institution may also charge you an “NSF” fee. It’s always best to make sure you have the necessary funds in place before your withdrawal date to avoid these fees.

The second possibility is that you have applied to defer a payment. When you choose to defer, a $10 administrative fee will be charged, but you can request to pay your payment later. Be sure to make the request at least 3 business days before your payment to ensure your request is approved.

Are there any other conditions?

There are still some details you need to know.


The renewal of the loan is not automatic. It will be done after the client has made the application and it has been approved by our company.

Amortization schedule

Any initial drawdown on your facility will be amortized over a schedule of equal and consecutive payments allowing full repayment of amounts due over periods ranging from three to six months. Thereafter, any re-borrowing from the availability of your credit facility will be added to the principal then remaining due on any previous withdrawal and a new amortization schedule will then be agreed upon in order to amortize the repayment over a predetermined number of equal payments and the same will apply to any subsequent re-borrowing.

What about credit ratings and collections?

Don’t worry. If an incident happens and you can’t make a payment on time, our team will make sure to find a solution with you. However, we abide by Canadian lending standards and regulations. We are therefore obligated to demand full payment of all amounts, interest and other costs incurred if there is a default on an amended contract. Also, if we have any legal fees due to a default on your amended agreement, we will claim those fees and you will have to reimburse us for them. If, for any reason, we cannot agree to repay your loan, we will have no choice but to assign your file to a collection agency, which could affect your credit rating. It is therefore in your best interest to pay your payments on time.