ATB Financial offers online loans ranging from $250,000 to $2,000,000 with repayment terms of 36 to 60 months. The application process is straightforward and efficient, with approval typically granted within 24 hours and funds directly deposited into your account. To qualify, you must be a Canadian resident, of majority age in your province, have steady employment, and receive income via direct deposit. Self-employed individuals and those on social assistance are not eligible. For example, if you borrow $300,000, you would pay a fee of $10,500, making your total repayment $310,500 over a 3-year term.
ATB Financial review
ATB Financial is a notable financial institution that offers online loans ranging from $250,000 to a whopping $2,000,000. The term for these loans spans between 36 to 60 months, providing flexibility for borrowers.
The process of borrowing is quite straightforward. Prospective borrowers can apply online, and the approval process is swift, often taking less than 24 hours. Once approved, the funds are directly deposited into the borrower’s account, eliminating the need for any physical transactions.
However, there are certain conditions that need to be met. The borrower must be a Canadian resident and of legal age in their respective province. A steady employment is required, and the income should come from direct deposit. Self-employed individuals or those on social assistance are, unfortunately, not eligible for these loans.
To illustrate the repayment structure, let’s consider a loan of $300,000. The fee for this loan would be $10,500, making the total repayment amount $310,500 over a term of 3 years.
In conclusion, ATB Financial offers substantial loans with flexible terms. The application process is quick and convenient, with funds deposited directly into your account upon approval. However, eligibility is restricted to Canadian residents with steady employment and income from direct deposit.
Table of repayments
| Amount | Fee | Total payment | Term |
| $300.000 | $10 500 | $310 500 | 3 years |
If you will get the loan of $300.000 with the term of 36 months, your totally payment would be $310 500. The fee is $10 500.