Funds in as Little as 15 Minutes

If you’re approved for a personal loan from LendDirect, then you can opt to receive your funds via Interac e-Transfer® and receive your money in as little as 15 minutes!

Apply Now

The Interac e-Transfer® Process

Direct Deposit Funding Times

LendDirect wants to give you options, which is why we also offer the option to receive your loan funds via Direct Deposit. With this process, we will send the money directly to your bank account. The time you receive your funds for Direct Deposit depends on when you get approved and when your bank post EFT (Electronic Funds Transfer) credits.

Online applications approved after 12:30pm ET

You should receive your funds on the next business day*

Loans completed on banking holidays and Sundays will be transferred on the next banking business day at the first available transfer time. Customers are automatically enrolled in Interac e-Transfer® at the end of the loan process. Certain exclusions apply. *A business day is typically Monday-Friday excluding national and provincial holidays.

LendDirect White Logo

© 2016 - 2025 All Rights Reserved. LendDirect

  • Communications Policy
  • Privacy Policy
  • Terms of Use
  • Licence: BC Licence #83734

    Lending decision typically provided within minutes, subject to receipt of complete information from the applicant, and hours of operation. Funding times subject to bank system availability. A business day is typically Monday-Friday excluding national and provincial holidays.

    Line of Credit: Loan maximum of $10,000, based on a completed application, net pay, and other qualification requirements, and customer verification including a credit check. Payments are due on scheduled income deposits. APR/Annual Interest Rate: 34.99%.

    Secured Loan: Loan maximum of $25,000 with an APR of 34.99% based on a completed application, net pay, and other qualification requirements, and customer verification including a credit check. Security search and lien fees apply. Amount varies by province. Visit lenddirect.ca/lien-fees for details. Payments are due on scheduled income deposits.

    Interac e-Transfer®: As soon as 15-minute funding available only when using Interac e-Transfer®. Subject to bank processing and system limitations. Interac e-Transfer® can be used to transfer funds up to $10,000. Interac® and the Interac design are registered trademarks of Interac Inc.

    §Pre-Approval: Submitting for pre-approval is how you discover if you are eligible for a LendDirect loan and includes a soft credit check which will not impact your credit score. Pre-approval does not guarantee loan approval. Should you decide to accept a loan offer, then a hard inquiry will occur which may have an impact.

    Credit Reporting: LendDirect reports payment history to Equifax® Canada credit bureau so it can help build your credit history if used responsibly. Various factors can affect your credit, including but not limited to paying all your bills on time every month, avoiding the usage of the full amount of your available credit, and lowering your credit usage balance compared to available credit. Missed payments, or other defaults on your account may be reflected in your credit report and may impact your ability to build credit. LendDirect offers personal loans and is not a credit repair service.

    †† Advances: Advances only available for a Line of Credit in good standing up to approved credit limit; $50 minimum advance requirement; restrictions may apply.

    Loan Protection Plan: Must be 18 years of age or older, and under 70 years of age to be eligible. The optional Loan Protection Plan is a Credit Group Insurance Plan Underwritten by Canadian Premier Life Insurance Company and Canadian Premier General Insurance Company.

    Mobile App: Google Play is a trademark of Google LLC. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Data rates may apply.