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Rating by Finanso®

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.



About lender

LendCare Capital Inc. started in 2004 and is running across Montreal, Ontario, Quebec, and Pickering. The company is focused on customer retail and non-prime direct loans. For over a decade, the lender has well-established partnerships with other companies in Canada. Working in collaboration with Goeasy Ltd., the two giants focus on giving the best financing experience to customers. Partnering with established franchises and brands helps in offering personalized and affordable financial options.

The institution strives to build relations with renowned manufacturers in Canada like Bombardier Recreational Products (BRP). The secret to success lies in implementing a compatible technology that increases approvals at the point of sale. The is a dedicated team that manages bulk sales volumes better.

Previously referred to as LendCare Financial Services, the brand gives the point of sale financing a new meaning. With rich expertise on affordable financing options, it offers better customers living. In short, they ensure borrowers maximize their loans at the point of sale. These refer to repeated finance tips on current local market trends and asset values.


LendCare has taken the lending industry of Canada by storm for over a decade ago. Its approach helps businesses achieve healthy milestones and get much profit. Partnering with the institution works for companies hungry for first-rate finance solutions.

LendCare bridges businesses and individuals to a better life and financial freedom through customized programs. Furthermore, it meets the unique needs of a business model, giving consumers a competitive edge. From home improvement to Powersports dealerships, the company has personalized financing options for all. Moreover, you can get financing for emergency medical procedures and auto repair. Other beneficiaries include retail purchases like motorcycles, jet skis, and vehicles.

Clients enjoy priority services with direct connecting lines to qualified customer support personnel. Additionally, the lender offers seasonal promos and specialized modest interest rates.


  • A savings account or a certificate of deposit can be used as collateral if an applicant does not qualify for an unsecured personal loan;

  • The ability to receive a personal loan with a co-signer.

Loan terms

LendCare Capital Inc. offers affordable financing options with the term up to five years. The final cost of funding depends on the funding duration and the interest rate.

The interest to be paid depends on the loan term. Thus, the longer the term, the more the total interest has to be paid.

The final loan term depends on the period agreed upon by the borrower and finance experts of LendCare. You can either pay monthly, weekly or at the end of the loan term for sale done through dealerships. Remember, loan interest mounts up at a fixed rate each day. The lending company guarantees flexible payment options. This approach provides flexibility at the point of sale and reimbursement period.

Things to keep in mind

Borrowers need to familiarize themselves with the '5 C's of Credit' mentioned below.

  1. Collateral. For loan approvals, employees access borrowers' and guarantors' merits at the point of sale. A competent loan officer guides customers on the best collateral for specific loan limits. Although collateral is vital, its significance depends on the loan type.

  2. Character. Most lending institutions perform honesty and expertise background checks before giving loans. They also check on a person's criminal and licensing records. Keep in mind that past performance forecasts future repayment probabilities. Though credit reports are necessary, lenders can make exceptions based on reviews and other reasons.

  3. Condition. It is crucial to work with a financial adviser aware of current economic drift and business conditions. That way, they can project whether present conditions may improve, continue, or worsen. Still, the borrower needs to explain how they plan to spend loan proceeds on the last coin.

  4. Capacity Cash Flow. A successful running company should manage loan payments on time. Also, they should meet business expenses during the reimbursement period. Examining previous repayment history determines a borrower's capability to pay back loan money.

  5. Capital. Reliable lenders often inquire about personal investments made in a business. Injecting money into a trade indicates an executive role in the industry and willingness to take a risk. Such input may lead to reduced default chances.

Methods of a loan granting

Financial experts install granting methods when approving short-term point of sale or long-term loans. Often, banks give loans as fixed, overdraft, cash credits, or discounting bills of exchange. However, LendCare crafts personalized loan granting methods to meet clients' unique needs.


Support service

In case of having any questions regarding the existing loans or services, you can contact the customer services with the following methods:

  • Toll-free phone: 1-866-291-4045

  • Fax: 1-866-291-4046

  • Email:

Business partners of LendCare can contact the company through:

  • Toll-free phone: 1-833-291-4045

  • Phone: 905-839-1009

  • Fax: 1-866-829-4046

  • Email:

Company documents

Privacy Policy

Partner with us and start submitting loans in a matter of days!

© LendCare Capital Inc.

What to pay attention to when applying for a loan from LendCare

  1. The company must have a license if it runs business in Alberta, British Columbia, Manitoba, Ontario and Quebec.
  2. You can check the availability of the relevant license (copy) at the branch of the lending company.
  3. Membership in a self-regulatory organization (SRO) is an additional guarantee of the reliability of the lending company. This information can also be checked at the company's branch or on its official website.
  4. Availability of lending policies.
  5. The procedure for applying for a loan.
  6. The procedure for concluding the loan agreement and receiving the payment schedule.
  7. Other conditions for granting loans.

We recommend

  1. To check out the interest rates and frequency. 
  2. Check the availability of individual terms in the loan agreement (principal amount, term, date of advance, etc.).
  3. Check whether the loan agreement contains information about the total cost of borrowing.
  4. Take time to think – you can change your mind before agreeing or signing a loan agreement.
  5. Speed of loan processing.
  6. Accessibility – alternative lenders often operate where there are no bank branches.
  7. For the borrower - high interest on the loan.
  8. For an investor, the safety of funds is not guaranteed by the state.

What distinguishes LendCare from banks:

  1. Simplicity - loan processing is less formalized than in a bank.
  2. Fast loan processing.
  3. Accessibility.
  4. For the borrower - high interest on the loan.
  5. For an investor, the safety of funds is not guaranteed by the state.
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