A safe responsible new way for Canadians to obtain three and five-year fixed-rate loans at low-interest rates that reward your good credit score. And since your credit score is so important to managing your financial life, they're also a secure way to get your credit score—for free.
Borrowell is a marketplace lender that uses technology to allow anyone to apply for a loan at anytime -including nights and weekends- and get an answer within minutes. Borrowell personalizes loans by allowing people to get a quote and rate tailored to them without asking for collateral or security.
Today, Borrowell has become the fastest growing online lender in Canada. In 2016, the company received a $6.4 million investment from various banks such Equitable Bank and Hedgewood to name a few. Borrowell has also started providing free credit scores to Canadians and partnered with CIBC for one-click online loans.