Updated September 29, 2026 · BorrowCue Editorial Team

Top lines of credit compared in Canada

30 lenders available in Canada, ranked for Canada.

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Top lines of credit compared in Canada
#	Lender	Score	Features	Key facts	Actions
1	KOHOTop pick 30-day free trial on every KOHO plan: 30 days free	8.6/10	Same day funding	APR: 19.9% to 34.9% Loan amount: CA$1,000 to CA$15,000 Credit check: Soft prequal	Review Compare Visit
2	Alterna Bank Mortgage incentives up to $1,000 for eligible borrowers: up to $1,000 CAD toward switching or legal fees	9.4/10	Fixed rate	Term: 12 to 60 months Rate type: Fixed Lender type: Direct lender	Review Compare See alternatives
3	CMCA	9.3/10	Same day funding	Loan amount: CA$5,000 to CA$100,000 Credit check: Hard Funding time: Same day funding upon approval, within 24 hours	Review Compare See alternatives
4	Spark	9.3/10	Same day funding	Arrangement fee: 0 Credit check: None Funding time: Instant, on-chain in the borrow transaction	Review Compare See alternatives
5	Bluevine	9.2/10	Same day funding	Loan amount: up to $250,000 Arrangement fee: 0 USD (no maintenance fees) Credit check: Soft prequal	Review Compare See alternatives
6	Float (Canada) Professional plan 90-day free trial: 90 days	9.2/10	Same day funding	Loan amount: up to CA$3,000,000 Term: 1 month Arrangement fee: 0 CAD	Review Compare See alternatives
7	Mogo 100 Day Money Back on MogoMoney line of credit: Repay principal balance within first 100 days and fees or interest already paid are refunded	9.2/10		Loan amount: CA$5,000 Credit check: Hard Funding time: Direct deposit into your bank account or Interac e-Transfer	Review Compare See alternatives
8	Nyble	9.2/10	Fixed rate	APR: 0% Loan amount: CA$30 to CA$250 Arrangement fee: 0 CAD	Review Compare See alternatives
9	Advance Funds Network	9.1/10	Fixed rate Same day funding	Arrangement fee: No upfront fees Credit check: Soft prequal Funding time: Same day, funding in just 4 hours	Review Compare See alternatives
10	Meridian Credit Union Cashback Mortgage Plus: up to $3,000 cash back	9.0/10	Fixed rate Same day funding	APR: 4.51% Term: 60 months Funding time: same-day funding	Review Compare See alternatives

Licensed in Canada

Alterna Bank: Canada Deposit Insurance Corporation (CDIC)
Float (Canada): FINTRAC
Mogo: Financial Consumer Agency of Alberta
Mogo: Business Development Bank of Canada
Mogo: Manitoba Financial Consumer Authority
Meridian Credit Union: Financial Services Regulatory Authority of Ontario (FSRA)
Tangerine: Canada Deposit Insurance Corporation (CDIC)

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Other countries

KOHO

Top pick for Canada

8.6/10Visit