Settling in Canada has been a life accomplishment. I look back on my immigration journey and most of the challenges that I faced were financial. Although you try to read everything online, talk to friends and build a detailed budget, there are always unexpected costs.

As someone new in the country, my credit score was low. Banks would say ‘no’ and payday lenders were not an option due to their high prices.

There is a lack of companies willing to help individuals that have no credit history, low income or are new in Canada at a fair and transparent price. SimplyBorrowed is set to make that change.


Victor Mendez, Co-Founder

Who we are

SimplyBorrowed is a new alternative to financing that embraces simplicity, transparency and convenience. Our mission is to provide financial assistance to individuals that have limited or no access to conventional sources of funding by offering products that are easy to understand.

Many companies promote appealing services and offers while not disclosing important details in the fine print. Unlike these companies, our services are clear and transparent from the start. We believe these principles are fundamental to building trust with our customers.
Founded in 2016 by individuals who went through the Canadian immigration process, SimplyBorrowed understands the unique circumstances and financial challenges that newcomers have to face on a daily basis. We take pride in helping Citizens, Permanent Residents, Refugees, and International Students.