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Eligibility Criteria

To be eligible for a loan

  • You must have a job,
  • You must have direct deposit pay,
  • You must have access to your online banking.

Alpha Loans is NOT a payday lender. Our loans carry a term EXCEEDING 62 days with an APR of 29% interest. Therefore, Alpha Loans is NOT REQUIRED to obtain a lending license in CANADA. Some brokerage fees and admin fees might be added to the installments. Please read your contract carefully.

Alpha Loans is now a Loan Broker

***We will send your application to several partner lenders or approve it internally for a loan. You will have news within the next few hours. Please make sure to check your spam inbox as your pre-approvals might land there.