Whether you’re looking for a quick way to pay bills or a spring loan to cover an unexpected expense, spring loans can provide the funds you need. They’re easy to apply for online and offer competitive interest rates compared to payday or credit card cash advances. In addition, spring loans can help you build a positive credit history over time.

Spring Financial offers personal loans to Canadians who may not be approved for a traditional bank loan due to a low credit score. The company was founded in 2011 and originally focused on second charge mortgage lending, but has since expanded into bridging and development finance. It is regulated by the Financial Conduct Authority for regulated mortgage lending and administration and registered with them for consumer buy to let and bridging finance.

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The lender has a straightforward application process that can be completed on a smartphone, tablet or desktop computer. It takes just a few minutes to complete and submit the form. Once the application is reviewed, a representative will call you to confirm approval. Typically, you can sign loan documents over the phone and have the funds e-transferred or directly deposited into your account within two to three days.

Unlike many payday or unsecured personal loans, spring financial has no hidden fees or early repayment penalties. The company also allows you to choose a payment schedule that fits your budget and can be paid off at any time without additional charges. This flexibility makes spring financial an ideal option for those who need to rebuild their credit or cover a gap in their income.

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