Best Alternative Lending Companies in British Columbia, Canada
The 39 best Alternative Lending companies in British Columbia, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Fraction.
Ranked: Best Alternative Lending companies in British Columbia
| # | Company | Disclosed funding | Last round | Stage | Employees | Founded | Founder | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Clear Trust Mortgage brokerage providing mortgage planning and placement services | — | — | Unfunded | — | 2011 | — | — |
| 2 | Community Futures Online marketplace for business loans | — | — | Unfunded | — | 1985 | — | — |
| 3 | Company Capital Provider of a platform for small business loans | — | — | Deadpooled | 71 | 2011 | Stephen Clark Founder & CEO | — |
| 4 | Comparewise Online comparison platform for consumer and business loans | — | — | Unfunded | — | 2022 | Edwin Gan Founder | — |
| 5 | Fair Capital Partners Provider of senior secured loans to the middle market | — | — | Funding Raised | — | 2004 | Dan Nanson Chief Executive Officer | — |
| 6 | Fetch Auto Online B2C marketplace for auto loans | — | — | Deadpooled | — | 2016 | Graham Coombe Co-Founder | — |
| 7 | FirstStep Financial Online platform for residential mortgages | — | — | Unfunded | 2 | 2016 | — | — |
| 8 | FlexFi Direct lending platform for installment loans | — | — | Unfunded | — | 2013 | — | — |
Top 12 Alternative Lending companies in British Columbia
#1
Series B · Vancouver, British Columbia · founded 2015 · 48 employees$39.1Mraised▾
On-demand payment solutions for businesses and individuals. It features solutions for claim instant pay offers, real-time balance checks, requests for payment, tips management, payment cards, mileage tracking, and more. It offers products to help businesses offer their employees financial freedom, including Instant Pay, Instant Miles, and Instant Card.
- Jul 2023Series B$12.7M
- Jul 2021Series A—
- Oct 2019Series A$11.9M
- Apr 2018Series A$11.4M
#2
Seed · Vancouver, British Columbia · founded 2021 · 15 employees$2.5Mraised▾
Online AI-enabled marketplace offering diversified business loans. It allows the borrower to provide their loan requirements and data on their platform, which enables the platform to leverage AI ML to analyze that data and find the best lending partner for the borrower. Based on the match, the platform also tells the required documentation needed for applying and processing of the loan.
- Feb 2024Seed$741.7K
- Feb 2023Seed$751.3K
#3
Funding Raised · Vancouver, British Columbia · founded 2013$30.8Mraised▾
Provider of alternative capital to mid-market enterprises through custom finance solutions. It offers asset-based loan and lease solutions to borrowers facing funding challenges, including transitional and distressed balance sheet restructurings, rapid-growth working capital, and acquisition requirements. It evaluates capital needs and inherent risks from an enterprise perspective, allowing for tailored and timely credit solutions. It works with clients to understand their assets, business, and credit needs to provide custom capital solutions.
- Jan 2023Conventional Debt$30.8M
#4
Series D · Vancouver, British Columbia · founded 2018 · 18 employees$247.1Mraised▾
Online platform for reverse mortgage loans. It allows borrowers to convert up to half of their home equity into tax-free cash. It also renews the agreement after five years.
- Oct 2021Series D$20M
- Feb 2021Conventional Debt—
- Feb 2021Series D$227.1M
#5
Public · Vancouver, British Columbia · founded 2008 · 261 employees$209.6Mraised▾
Provider of an app-based platform for consumer loans and debt management solutions. It features an online account with a VISA reloadable prepaid card. It offers personal and mortgage loans to customers with a step-based interest rate, tools for checking credit scores, crypto trading platforms, and more. The application is available on Android and iOS devices.
- Jun 2017Post IPO$4M
- Jul 2016Conventional Debt$387.6K
- Sep 2015Venture Debt$200M
- 2015Post IPO—
#6
Series C · Vancouver, British Columbia · founded 2013 · 95 employees$72.4Mraised▾
Progressa provides loan consolidation solutions. Users can apply via the platform and the loan application includes a phone interview with the loans advisors. Progressa checks the monthly financial budget with the user to make sure the loan is affordable to the user. Upon approval of loan consolidation from the user, the user can set the exact payment and choose the repayment period.
- Aug 2018Series C$63.9M
- Aug 2018Conventional Debt—
- Dec 2016Conventional Debt$3.9M
- Dec 2015Series A$8.5M
#7
Acquired · Vancouver, British Columbia · founded 2008 · 12 employees$2.9Mraised▾
Provider of P2P platform for revenue-based financing. It provides growth capital to start-ups in exchange for a percentage of future revenue. It enables individual & institutional investors to invest in multiple loan portfolios.
- Dec 2021Post IPO—
- Jan 2018Post IPO$1.5M
- Jan 2018Conventional Debt$1.3M
- Jan 2018Post IPO$64.4K
#8
Seed · Vancouver, British Columbia · founded 2009 · 59 employees$3.3Mraised▾
Provider of financing solutions for small and medium-sized businesses. It offers term financing, lines of credit, and e-commerce financing options. The company provides capital for various corporate purposes, with flexible repayment terms tailored to the client's needs. Its financing options are designed to be quick and convenient, with a streamlined application process. The firm aims to provide funding rapidly, enabling businesses to access capital efficiently.
- Oct 2021Angel$3.3M
- Mar 2018Conventional Debt$23.2M
#9
Acquired · Vancouver, British Columbia · founded 2014 · 11 employees$10.2Mraised▾
Grow (Previously known as Grouplend) was an online provider of unsecured personal loans. It offered loans of up to $30,000 for 3 years at an interest rate that varies between 5.9% to 17.5%. It required the borrower to be a Canadian citizen with a 3 year credit history, a minimum FICO score of 690 and permanent employment with a minimum gross salary of $30,000. In November 2015, GroupLend re-branded to Grow Financial. Grow has stopped lending business and is instead focussing on partnering with financial institutions to provide them with their lending and underwriting technology.
- Oct 2017Series A—
- Aug 2015Series A$10.2M
- Sep 2014Seed—
#10
Acquired · Vancouver, British Columbia · founded 2015 · 9 employees$10.8Mraised▾
Lendful provides an online lending marketplace for personal loans of up to $35,000. The platform requires the borrower to have a credit score of at least 690. Once the borrower has uploaded the application, Lendful uses online data and technology to assess risk, determine a credit rating and assign an appropriate interest rate to the borrower. Once the loan application is approved, the offer is sent to the borrower for consideration and, if accepted, the documentation is executed and money is disbursed.
- Oct 2016Seed—
- Jan 2016Conventional Debt$10.8M
#11
Seed · Vancouver, British Columbia · founded 2021 · 2 employees$125Kraised▾
Online platform for down payment financing. The platform connects homebuyers with mortgage lenders and guides them through the purchasing process with the support of the real estate and legal team. It invests a portion of the down payment in exchange for a share of the future appreciation of the home. Users can apply for pre-approval to get a budget, look for homes they want to buy and connects with federally regulated banking partners and get a mortgage for the home.
- Mar 2022Seed$500K
#12
Seed · Richmond, British Columbia · founded 2015 · 22 employees$3.8Mraised▾
Amber Financial is a platform for personal and mortgage loans. Amber provides personal loans up to $50K for 3 to 36 months with fixed interest rates ranging from 5.9% -22.17%. Amber also offers mortgages as well as second mortgages for home buyers. The personal loans process is entirely online, while for mortgages, some human intervention is required. Amber especially focusses on immigrants with no credit history.
- Jul 2016Seed$3.8M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Alternative Lending coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.