Flex Installment Loans For New Immigrants in Canada

Build a credit rating and consolidate debts.
Borrow up to $5,000 for 36 months.

Looking for new Canadian loans? Then look no further than Cashco Loans, the fast cash lender.

Each and every year approximately 250,000 people immigrate into Canada.  If you happen to be one of those newcomers Cashco Financial would like to be one of the first to welcome you.  A big move comes with big changes, and includes many new exciting things such as a new home, job and possibly a new culture to learn and embrace.  Unfortunately, it can also mean leaving much loved family and possessions behind, and sadly you will also be saying goodbye to your credit score that you have worked so hard to build.

Cashco Financial is proud to offer financing for new Canadians.  We would like to help you ease into your new life, and help rebuild your credit score.  Whether you are looking to buy a car, get a credit card, cell phone, or eventually buy a home a good credit score will help to make these dreams a reality.

However, without any credit history new immigrants are often told they will need a co-signer to assist in setting up a loan. Here at Cashco Financial we will work with you to obtain a Flex Loan.  With a Flex Loan you can borrow anywhere from $500 to $5,000 with up to three years to repay.  Not only will the funds help you buy all the necessities to start building your new life in Canada, it is a great tool to aid in rebuilding your credit.  Since our flex loans are reported to the credit bureau, each time you make an on time payment, your credit score will steadily increase so that you can start building your credit score as soon as you arrive in Canada

The application process is quick and easy.  Click on the form above to submit an application, or if you prefer to speak to a real live agent give us a call toll free at 1.855.914.7940.  One of our friendly and knowledgeable agents will be happy to go over any questions you may have and help assist you in choosing the loan product that is right for you.

Newcomer Loans FAQs

What is a newcomer loan?


A newcomer loan is a loan of up to $5,000 with up to 36 months to repay in affordable installments.

 

Why would I get a newcomer loan?


If you are new to Canada, often your credit score starts out very low even if you had good credit in the country you emigrated from. A newcomer loan helps you establish and build credit in Canada.

Why should I choose Cashco Financial?


Cashco cares about our employees, our clients, and all the communities in Canada. We practice transparency and work together with you to reach your financial goals.

What do I need to qualify?


You just need to be of legal age in the province you reside, have a bank account, be employed and have lived in your current residence for at least 3 months.

How much can I get?


You can borrow up to $5,000 with up to 36 months (3 years) to repay.

How does a newcomer loan impact my credit score?


With each on-time easy installment payment, your credit score will improve by a few points. After fully repaying your newcomer loan, your credit score will be substantially better.

How does the repayment schedule work?


Cashco’s newcomer loans are flexible to fit your needs. You can choose your own payment schedule, your own loan amount, and flexible loan terms.

What can I use the money for?


Anything you want. Clients have found that these loans are a big help with getting set up in a new home or apartment. The money can be used wherever you need to use it. Newcomer loans are flexible to fit your needs.

Repair Your Credit with a Flex Loan!

It is possible to rebuild and repair your credit.

It’s not easy. It takes time and discipline, but it is possible. Flex loans can get it started. Since approval of flex loans requires a credit check, the loan re-payment history is also reported. A steady record of payments made on time slowly but surely begin to increase the credit score. A series of successful loans will continue to strengthen the score.

Here’s What Our Clients Have to Say!

If you have feedback for us we want to hear that too!

  • Thanks so much for yesterday. I was panicking but everything is all well thanks to you. Sending you good vibes and I hope you enjoy your day.

    Alex D.
  • Thank you for everything. Your company has treated me with the best service ever possible and I thank you for that. Now I can concentrate on my son. Thank you so much!

    Lila J.
  • I’d just like to say thanks for helping me get a loan to fix my car. It feels good to know that someone out there cares about me.

    Pat M.

Looking for Another Type of Loan?

We specialize in a variety of alternative loan products!