Helium Loans is a direct online lender in Canada that helps applicants with the entire process starting from application to repayments.
PRODUCTS & SERVICES:
It offers a range of loan products: 1) Payday Plus: Provides short-term loans to users for a maximum duration of 30 days. 2) Personal Loans: It includes borrowing for unexpected bills, new and used vehicles, purchases, renovations, medical expenses, vacations, etc. Users can apply for up to $5,000 on the basis of their credit score. 3) Coffee Cup Loans: It offers a one-year term loan that can be repaid by users on a daily or weekly basis. 4) Term Loans: It offers loans to businesses for amounts ranging from $5,000 to $50,000. The loans can be availed for a maximum period of three years and can be paid back on a daily, weekly, bi-weekly, and monthly basis. 5) Peer-Backed Loans: The online peer-to-peer funding portal provides loans that are either backed by investors, friends or family members. 4) Online Credit: The online financing solution enables businesses and merchants to allow their online users to split the payments over time. 5) In-Store Credit: It helps businesses and merchants to increase their consumer retention rate by providing financing to the customers for their purchases. Merchants can provide Helium loans ranging from $500 to $10,000 to their in-store customers. The platform offers various repayment options: 1) Pay by e-Transfer: With the help of user's email address and bank 2) Pay by Direct Debit: Repayment on an automatic schedule 3) Pay by Interac: Repayment by debit card 4) Pay with Visa Debit: Repayment with a Visa-enabled card 5) Pay by Credit Card: Visa, Mastercard or American Express-issued credit cards