• Vehicle
• Driver’s License
• Original Ownership (and articles of incorporation if vehicle in company’s name)
• Insurance
• Pay stub (if applicable)
• Proof of address (Utility bill or any official mail with address and current date)
• Void cheque (or pre-authorized payment form)
• Spare key (if available)

Using your vehicle as collateral you can borrow up to 50% of the Black Book rough value to $25,000.

If we have received all the required information and you meet our criteria you can receive the loan on the same day that we receive your application.

The quick answer is no, however, there are limited cases where we can. Please also see the section on Repair Loans, where we can lend for certain repairs to your vehicle even if it is leased or financed.

Yes, a co-signer will help you get a loan if you do not have a vehicle to use for a Title Loan, however, the co-signor must own a vehicle that they will use that meets the criteria for a Title Loan. Also, your co-signor can help you get loan if they have other collateral to use as security.

We can still give a Title Loan using a vehicle registered in your company’s name if you own the company and you can prove it.

Fast Action Finance believes that everybody deserves a second chance. Whether you have bad credit, are in a bankruptcy or consumer’s proposal we will still lend against the equity in your vehicle or asset.

A Vehicle Title Loan is a loan using a debt free vehicle as collateral. The vehicle must be paid in full (no money owed on it) and cannot be leased.

We will contact you on the same day you send in your application provided that we receive it during normal business hours. After hours and weekend applications will be responded to on the first business day following the application. We will contact you on the phone numbers and/or email address that you provide in your application.

A vehicle acceptable to use as collateral for a Title Loan must be debt free (no money owed on it), not be leased, be nine years old or newer and have less than 200,000 KMs. There are some exceptions to this so please call if unsure.

If the vehicle is not in your name we can still lend if the person whom the vehicle is registered to co-signs the loan with you. If the vehicle is in your name and another person’s we can still lend if that person gives you written permission to pledge the vehicle as collateral. The “vehicle portion” of the registration determines whose name the vehicle is registered to.

Yes, we lend to those undischarged from bankruptcy and in a consumer’s proposal. Even if you went bankrupt yesterday, we can even lend to you today, provided you have a debt free vehicle or other asset with value.

Yes, we lend to those in a Consumers Proposal if they have a vehicle that would qualify for a Title Loan.

Motorcycle Storage Loans are loans where the borrower stores their paid in full Motorcycle, Snowmobile or Watercraft with us for the term of the loan. The motorcycle, etc. must be valued at an amount higher than the amount being borrowed. The motorcycle, etc. will be stored in our very secure warehouse. We also lend against any classic cars or portable machinery that can be left in our warehouse during the term of the loan. We invite any potential customer to come and inspect our storage facility beforehand. For peace of mind we allow borrowers to visit and inspect their motorcycle, etc. at any reasonable time while it is in our possession. We do not do credit checks and lend no matter what your current financial or employment status is. The whole process takes less than 1/2 hour and you leave with the cash in your hand.

Yes, we also accept Snowmobiles, Watercraft, Classic Cars, and Portable Machinery that can be stored in our warehouse for collateral during the term of the loan. If you are unsure about your collateral please call to inquire. We invite any potential customer to come and inspect our storage facility beforehand. For peace of mind we allow borrowers to visit and inspect their collateral at any reasonable time while it is in our possession.

We also lend against an irrevocable pay order from your lawyer if you have sold your house and there is a firm closing date. Call us at 416-239-2906 or 1-877-346-2274 for details.

Be prepared to provide details of your asset and how much you think it is worth.

We will need to speak first and if approved you will need to visit us at our Toronto office.

Currently Not Offering Repair Loans.

Currently Not Offering Repair Loans.

A Vehicle Purchase Loan is where we finance your purchase of a vehicle. The purchase can be from a private seller or dealer. We lend up to 50% of the Black Book rough value to a maximum of $10,000.

If you live outside the GTA, or are unable to come to our office, then you can complete the whole loan process from the comfort of your own home/work through email or fax. All you have to do is take pictures of your vehicle and the basic documents, such as your driver’s license, insurance, ownership, etc. and send them to us. A smart phone (iPhone, Android, Blackberry, etc.) can be used to take pictures of the documents. Loans done electronically can typically be completed within the hour.

No credit checks are performed as we lend against the equity in your vehicle or asset. Therefore, it does not matter if you are in bankruptcy, a consumer proposal or credit counseling, you can still be eligible for a loan. Also, there are no job requirements to be approved for a loan from us. Whether you have bad credit, no credit, are unemployed, on benefits or retired, give us a call or fill out our no obligation online application and we will do our best to see how we can help you. We consider ourselves a very entrepreneurial loan company and look at lending from a different angle than other lenders and try our best to give you the loan that you need.

We have been in Southern Etobicoke for over 23 years and have helped many consumers get loans that they could not get from other lending sources.