How to Borrow
Just a few simple steps!
Complete the pre-approval process to determine your eligibility
You'll get all the information you need to make an informed decision in 5 minutes and there is no obligation to borrow.
Complete the loan application
This step also takes around 5 minutes. You'll select the amount you'd like to borrow and provide some personal information needed in the loan contract.
Use the bank link
You'll receive a link by text message and email that will allow you to return an up to date bank statement directly from your bank. It takes under 3 minutes normally and it streamlines the process so you don't have to prepare and return documents.
You’re under no obligation until after receiving funds.
At this point, you’ll have completed your part in the application process.
After you applied, an agent will validate your application.
After submitting your online loan application with Lamina, an experienced agent will carefully review and validate the information you provided. This process ensures that your application meets the necessary criteria for a business loan or personal loan, depending on your specific needs.
During the validation process, the agent may reach out to you for additional documentation, such as a recent paycheck stub or bank statement, to verify your income and financial stability. Rest assured that Lamina takes your privacy seriously and will handle all personal information with the utmost care and confidentiality.
Once your application has been validated, Lamina will provide you with a final loan offer, which will include the loan amount, interest rate, and repayment terms. You can review this offer and decide whether it aligns with your financial goals and budget.
If you have any questions or concerns during the validation process, don't hesitate to consult Lamina's comprehensiveFAQ section or reach out to their dedicated customer support team. They are available to guide you through the loan application process and ensure that you have a smooth and satisfactory experience when borrowing money online with Lamina.
How much time this will take?
Borrowing money online with Lamina is a swift process designed to provide you with the funding you need in a timely manner. The time it takes to complete the application and receive your funds will depend on several factors, such as the accuracy of the information you provide and the speed at which you submit any required documentation. Usually within the hour or less if you’re applying within our office hours. Mornings are higher volume and may take a little longer for a response and on weekends we have reduced staff.
Lamina's streamlined online application process allows you to quickly input your personal and financial details, including your income, employment history, and any collateral you may have. By providing accurate and complete information, you can expedite the validation process and receive a decision on your loan application sooner.
Once your application is validated and approved, Lamina will transfer the funds directly to your bank account via online banking. The time it takes for the money to appear in your account will depend on your bank's processing times, but typically, you can expect to receive your funds within a few business days. Here's a breakdown of the process:
- Complete the online application with accurate information
- Provide any required documentation for validation
- Receive a decision on your loan application
- Upon approval, funds will be transferred to your bank account
SECURITY
When borrowing money online with Lamina, you can rest assured that your personal and financial information is secure. Lamina employs state-of-the-art encryption technology to protect your data, whether you're applying for a second mortgage or a personal loan.
Lamina's mobile app and online platform are designed with your security in mind. You can safely input your employment details, insurance information, and other sensitive data, knowing that it will be kept confidential throughout the application process.
Whether you're in Nova Scotia or any other part of Canada, Lamina adheres to strict privacy and security standards. The company is committed to safeguarding your information and ensuring that your online borrowing experience is safe and stress-free.
By prioritizing security, Lamina enables you to focus on achieving your financial goals without worrying about the safety of your personal data. You can confidently apply for a loan and manage your account, knowing that your information is protected at every step of the process.
REIMBURSEMENT
When you borrow money online with Lamina, you'll need to consider the repayment terms and options available to you. Lamina offers flexible repayment plans that can be tailored to your unique financial situation, whether you're in British Columbia, Ontario, or anywhere else in Canada.
As you review your loan agreement, pay close attention to the repayment schedule, which outlines the amount and frequency of your payments. Lamina's repayment terms are designed to be transparent and easy to understand, so you can budget accordingly and avoid overdraft fees or other unexpected costs.
Loan payments are made by direct withdrawals from your the account your main source of income is deposited in.
Feel free to contact us with any questions concerning payment withdrawals.
Providing your bank transactions greatly reduces application processing times.
When it comes to managing your personal finance, whether you need funds for a car, an emergency, or other financial services, providing your bank transactions can significantly streamline the loan application process with Lamina.
By granting secure access to your banking information, you enable Lamina to quickly verify your income and expenses, reducing the time it takes to process your application.
Rest assured that Lamina prioritizes your privacy and employs advanced security measures to protect your sensitive data.
WOULD YOU LIKE TO SPEAK TO AN AGENT?
If you have any questions about your Lamina loan application or repayment plan, don't hesitate to speak with one of our knowledgeable agents. They can help you understand the terms of your loan, including the interest rate, margin, and repayment options, ensuring that you feel confident and informed throughout the borrowing process.

Our agents are also available to assist you with linking your savings account, setting up automatic payments, and navigating any other aspects of your loan. You can reach out to them via phone or email, whichever is most convenient for you:
- Contact a Lamina agent by phone to discuss your loan application or repayment plan
- Send an email to our support team with any questions or concerns about your loan
- Speak with an agent to ensure you understand the terms and conditions of borrowing from Lamina, a trusted financial institution
OR TEXT US:
514-700-6051
Frequently Asked Questions
Other Questions?