Our mission is to allow every Canadian the ability to affordably establish a strong credit profile.

We are bringing a new generation of credit to Canada that is fair, simple and allows all people to improve their financial and credit situation.

We help Canadians

Spring Financial is a subsidiary of Canada Drives, one of the leading brands for auto financing in Canada. We started Spring because we were frustrated that many Canadians were being declined for credit or were paying unreasonably high interest rates on their loans with no opportunity to improve their situation. With Spring we’re providing the best and most accessible solution for Canadians to establish a positive payment history.

How It Works

We approve you for a loan, but instead of the funds going directly to you they are held in a secure trust account. As you pay off the loan with small bi-weekly payments we send payment reports to the credit bureau which in turn gives you the chance to establish a positive payment history.

Once you have paid off the loan the funds are released from the trust account and deposited right into your bank account.

Start Getting Approved Again