GET UP TO $1,500! APPLY NOW!

GET CASH IN AS LITTLE AS 30 MINUTES*

When you are in need of quick cash, Mr. Payday has got you covered! We have been helping canadians with their short term loan needs since 2002.

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How Our Loan Process Works

Apply Online

Applying for a loan with Mr. Payday is easy and fast. Fill out our simple and secure application form.

Get Approved

It usually takes about 30 minutes to get approved for a payday loan during our business hours.

Instant Funding

Once your loan application is approved, you will receive an e-mail money transfer withing 30 minutes.

What Our Customers Have To Say

Excellent customer service
Excellent customer service
Customer
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Excellent customer service! Easy application and approval. Highly recommend.
Excellent service
Excellent service
Customer
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Excellent service. Pretty easy and quick!!
Fast
Fast
Kris D
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Fast, easy and no nonsense. Best loan experience of mine to date. Thanks for helping out Mr. PAYDAY.
Quick and easy service
Quick and easy service
Customer
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Quick and easy service! Would definitely recommend!
Customer service was quick and awesome…
Customer service was quick and awesome…
Customer
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Customer service was quick and awesome to deal with. There wasn’t the back and forth hassle, and everything was handled in a timely matter. Great job on efficiency, well done all. Thanks
Very accommodating and fast!!
Very accommodating and fast!!
Customer
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Very accommodating and fast!!! and super easy!
The agent I spoke to was patient and…
The agent I spoke to was patient and…
Customer
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The agent I spoke to was patient and made the whole process very easy.
I was impressed how quickly Payday…
I was impressed how quickly Payday…
Customer
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I was impressed how quickly Payday expedited the application and delivered on the loan. Barry Upshaw
I was impressed how quickly Payday…
I was impressed how quickly Payday…
Customer
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I was impressed how quickly Payday expedited the application and delivered on the loan. Barry Upshaw
Excellent service
Excellent service
Customer
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Excellent service. Fast and helpful. Easy to fill application. It was fast and easy
Very fast approval
Very fast approval
Andrew S.
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Very fast approval and very easy to deal with staff.
Easy to deal with super simple proccess
Easy to deal with super simple proccess
Levon James
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Easy to deal with super simple proccess
Super fast and friendly
Super fast and friendly
Cory Thompson
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Super fast and friendly. Exceeded my expectations.
Friendly and fast
Friendly and fast
Customer
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Mr. Payday was there for me when everyone else said no. From their pov I may be considered a risk. I'm grateful they reached out with an offer.
Was easy to fill in the application and…
Was easy to fill in the application and…
Marg
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Was easy to fill in the application and was quick to receive the funds.
Happy Customer!
Happy Customer!
Mark
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Been dealing with Mr. Payday for a couple years now. Always friendly service, quick, and well worth my time!
Easy
Easy
Customer
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Easy, fast and user friendly application process. Thank you Mr. Payday
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Why Get A Loan From Mr. Payday?

Trusted Lender

Mr. Payday has been in business since 2002

Same Day Funding

Do not wait. Get money the same day you get approved for a loan

Superb Service

We are here to help. Give us a call or send us an email

No Faxing Required

We use instant online validation. No faxing or emailing required

High Approval Rate

We have personalized approach to every loan application

Easy Application

Our online application only takes 5 minutes to complete

Bad Credit Loan

Receiving Small Business Bad Credit Loan

Having a bad credit history has quite a number of disadvantages, one of them being the inability to get your loan application granted by traditional financial institutions. Despite the fact that a bad credit history may not always mean that you are in a shaky financial position, many financial institutions may not give you a chance to prove this. The situation becomes even worse when you are running your own business because of the various twists and turns that businesses experience. Therefore there are a number of times that the finances of the business may not allow it to effectively see to it that its activities run smoothly or perhaps you may be intending to expand the business but have your dreams shattered due to lack of funds to use for the expansion. This is when small business bad credit loan come in handy.

Small Businesses Can Still Thrive With Bad Credit Loan

Picture of Bad Credit Loans - Get Cash Instantly!For this reason, when operating your own business and have poor credit scores, it is always important to know what to do to receive bad credit loan for your small business. Normally the first thing to do is always to have a person who can be your consigner. The ideal person to go for should be one whose credit records are attractive. With good credit scores, the lender of the small business bad credit loan will be assured that you will honor the loan by paying it as stated by the agreement that two of you will come up with. The consigner acts in the capacity of a property in a secured loan in that if for some reason you are unable to pay the loan, they are the ones who will be held liable.

Normally it won’t take long after this before you are given the applied for small business bad credit loan. However, you should not stop at this point. Business people with bad credit scores are always advised to consider building up a good credit history for their business so that their own poor credit ratings do not affect the business’ ability to borrow funds whenever need arises. The only way to do this is to create a good credit history for the business. In doing this, consider taking credit services for your business and honoring the payments so that slowly the business as a legal entity will have its own high credit scores hence putting it in a much better position to receive funds from financial institutions without having to go for bad credit loans.

Apart from the small business bad credit loans; there are other sources of funds you may capitalize on for your business. Small business cash advance funds are a good example. They cost a little higher that other normal financial aids but in turn one can receive quite a high amount of money courtesy of small business cash advance funds. Adding the amount you received from the small business bad credit loan with the cash advance will guarantee you enough money to put into the business.

On the other hand, small business bad credit loans can be tricky if no proper financial planning is done. In this regard, you may even need some kind of financial advice from an experienced financial adviser so that you do not end up having many more credit debts. To begin with, it is important to gauge your financial status to weigh your chances of being able to handle making new credit payments on the bad credit loan for small business that you intend to apply for.

Though bad credit loans for small businesses can be quite an asset to the business, on the contrary they can damage your financial status to an irresolvable degree if no proper planning is done. With a bad personal credit history and an added bad credit history for your business, the financial path you may be treading on will be quite unpromising. This is why hasty decisions should be avoided in taking up a bad credit loan for your business.