How quickly will the funds be available in my account?
Two options are available, Priority Deposit or Direct Deposit.
Priority deposit
Safe and instant process
Si votre demande est approuvée, que vous avez signé le contrat et souhaitez accéder rapidement à votre part des fonds empruntés, optez pour le Dépôt Prioritaire. Cette option rapide et populaire vous permet de recevoir votre portion dans l’heure, directement dans le compte bancaire de votre choix.
Or
Direct deposit
Alternatively you can chose a free Direct Deposit service In most cases: Funds are available before midnight on the day of approval.
In some instances: It may take 1-2 business days (24-48 hours) for the funds to appear in your account.
Please note: The actual processing time depends on your bank's policies and procedures. While we initiate the transfer upon approval, your bank's processing time ultimately determines when the funds become available in your account.
How quickly will the funds be available in my account?
How to get your loan?
Apply Online:
Complete our easy online application in just a few minutes from anywhere, anytime.
Get Approved:
Our team reviews your application. Thanks to our endorsement process, we strive to approve you even when traditional lenders can't.
Receive Your Funds Upon approval, with our PRIORITY Deposit service, for a small 10$ fee, you can get your money instantly. Alernatively we can deposit the money directly into your bank account.
Most clients receive their funds within 24 hours
Repay According to Terms:
Make convenient weekly, bi-weekly or monthly payments over 3 to 6 months. We set up automatic bank withdrawals to ensure hassle-free repayment.
Benefit from Lower Renewal Fees:
Effectuez des paiements pratiques, hebdomadaires, bimensuels ou mensuels sur 3 à 6 mois. Nous mettons en place des prélèvements automatiques pour un remboursement sans tracas.
Our lending partners offer competitive interest rates, personalized based on several factors. The average nominal rate offered by our partners ranges between 9.99% and 24%. Interest is compounded daily.
Le taux effectif ne dépassera JAMAIS 22 % + le taux d'escompte de la Banque du Canada (conformément aux dispositions de l'Office de la protection du consommateur).
Nous nous engageons à offrir des solutions financières transparentes et respectueuses des réglementations en vigueur pour vous accompagner en toute confiance.
Instant Bank Verification (IBV) is a quick and secure way for Alveo to check your bank account information online. With your permission, Alveo connects to your bank to see details like your account balance and recent transactions. This helps us make sure your account is real and in good standing, and it all happens instantly without needing paper documents.
Industry-Leading Security: The IBV technology we use is among the most secure in the market, on par with security systems employed by Canada's largest financial institutions.
Data Protection: We never access or store your personal banking credentials. Your user identification and password remain confidential.
Read-Only Access: The IBV system uses read-only access to verify your banking information, meaning it cannot make any changes to your account.
Encryption: All data transmitted during the IBV process is encrypted to the highest industry standards.
Compliance: Our IBV process complies with all relevant Canadian financial regulations and data protection laws.
For more information on how we protect your data, please review our Privacy Policy or contact our customer support team
Information Collection: We access a read-only copy of your bank statement. This is a one-time process to verify your financial information.
Data Security: All information in your bank statement is kept strictly confidential. We adhere to strict standards and our Privacy Policy, ensuring that your data is never shared.
Account Credentials: We never have access to your username or password. It's technically impossible for us to connect directly to your bank account.
Data Usage: We receive only a secure, read-only version of your bank statement. This information is used solely for application assessment purposes.