Line of Credit in Canada

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Submit Your Application

Getting started is simple and the application is completely online.

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Get Approved¹

Request a credit limit, securely verify your information, and review and sign your agreement.

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Request a Draw Online

Request a draw online and, if you’re approved, funds may be deposited into your bank account the same business day².

Why Should You Choose Fora?

Easy and 100% Online

Whether you’re on-the-go or in the comfort of your home, you can apply online anytime.

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Flexibility

A Line of Credit from Fora offers the flexibility in a credit product you have been looking for. Draw from your available credit as needed³.

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No Additional Fees

There are no origination fees, annual fees, draw fees or late fees on your Line of Credit from Fora. You only pay interest on what you draw, not your entire credit limit.

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Breeze through the online application process in minutes.

No additional fees; no origination fees, no annual fees, no late fees.

Fast funding – as early as the same business day².

Got Questions? We can answer them.

What is a personal Line of Credit from Fora?expand_more

A personal Line of Credit from Fora is an open-end credit product that allows you to make draws, repay and redraw as needed, from your available credit³. If approved, you can access funds up to a specific credit limit.

What are the minimum eligibility requirements for a Line of Credit from Fora?expand_more

Be a Canadian citizen or permanent resident with a valid government-issued identification;
Be a resident of and legal age of majority in the following provinces/territories:
- Alberta
- British Columbia
- New Brunswick
- Newfoundland and Labrador
- Nova Scotia
- Ontario
- Saskatchewan
Have an open and active personal bank account;
Have a consistent source of income;
Receive income through direct deposit; and
Have a valid contact number and an active email address.

How do I access my available credit?expand_more

Log into your online account, click “Request a Draw” and enter the amount that you would like to draw³. If you are experiencing difficulties accessing your account, Contact us during our regular business hours.

Fora is Proudly Canadian

Fora is proud to offer the flexibility of a Line of Credit and serve Canadians from different parts of the country. Currently, we are serving residents of Alberta, British Columbia, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, and Saskatchewan but additional provinces will be operational soon. Check back often to see if a Line of Credit from Fora is available in your area.

¹ Not all applications are approved. Duration of approval process may vary. Credit limits may vary and are subject to verification criteria.

² If approved, any requested funds will typically be deposited into your bank account the same business day; timing of funding may vary. The date and time the funds are made available to you by your bank are subject to your bank’s policies. For specific funding cut-off times, click here.

³ You can request a draw at any time, so long as you have available credit, your account is in good standing, and you otherwise meet any criteria required to request draws from your account.

⁴ The exact impact of your Fora account activity to your credit score is unknown as your credit score is influenced by numerous contributing factors.

⁵ Actual rates may vary from 19.9% to 46.9% and are subject to eligibility, underwriting and creditworthiness.

1-888-899-FORA

PO Box 17071, Toronto,
RPO Yonge-King, ON M5E 1Y2

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The financial flexibility you have been looking for.

Why Should You Choose Fora?

We Aim for Credit Inclusivity

Got Questions? We can answer them.

Fora is Proudly Canadian

At Fora, credit inclusion is important to us.