Helium Loans 2026 Reviews, Fees & Requirements

Written by Caitlin Wood

Last checked 16 January 2025
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Helium Loans: Overview

Helium Loans is an online lender that provides loans in Canada and soon the US and the UK. When you apply with Helium Loans, you’ll be directly dealing with them as they are a direct lender. That means they will handle everything from processing your application to funding you, to repayments. Whether you’re in need of extra cash for a large purchase or an emergency expense, Helium loans offer a range of credit products to suit your needs. They currently offer the following loans:

Personal loan
Auto loan
Line of credit
Business loan
Coffee Cup Loan (an alternative to a payday loan)

Moreover, Helium Loans offers a fast and easy application that takes approximately 5 minutes to fill, after which you’ll get an instant decision. If approved, you’ll receive your funds the same day through an e-transfer. First-time borrowers who pay back their loan on time will receive a 10$ gift card.

Services & Products

Helium Loans Offered Services

Personal Loan

Loan Range

$1,000 – $5,000

Interest Rate

—

Terms (Months)

12 – 36

Funding Time

Same day

Funding Method

e-transfer

Repayment Options

Pay by direct debit, e-transfer, debit card, credit card

Eligibility

Must have a credit score of 600+
Must be employed
Must have a net income of at least $2,000
Must have an active bank account that is in good standing

Auto Loan

Loan Range

Up to $50,000

Interest Rate

–

Terms (Months)

24 – 60

Repayment Options

Pay by direct debit, e-transfer, debit card, credit card

Eligibility

Must have a credit score of 600+
Must be employed
Must have a net income of at least $2,000
Must have an active bank account that is in good standing

Business Term Loan

Loan Range

$5,000 – $50,000

Interest Rate

–

Terms (Months)

6 – 36

Funding Time

Same day

Funding Method

Direct deposit

Repayment Options

Pay by direct debit, e-transfer, debit card, credit card

Eligibility

12 months or more in business
Minimum $50,000 in annual sales
No recent bankruptcies or tax liens
Own at least 20% of the business
Minimum fair or better credit

Coffee Cup Loan

Loan Range

$500 – $2,000

Interest Rate

Varies

Terms (Months)

12 – 24

Funding Method

e-transfer or direct deposit

Repayment Options

Pay by direct debit, e-transfer, debit card, credit card

Eligibility

Must have a credit score of 600+
Must be employed
Must have a net income of at least $2,000
Must have an active bank account that is in good standing

Line of Credit

Loan Range

Up to $10,000

Interest Rate

–

Terms (Months)

–

Funding Time

Same day

Repayment Options

Pay by direct debit, e-transfer, debit card, credit card

Eligibility

Must have a credit score of at least 700
Must have some form of security such as owning your home, car or have a mortgage with equity

Reviews

Reviews & Rating

See what others have to say about Helium Loans

Nice people, got the money fast which is what I was looking for.

Have you had any experience with this provider? Let others know!

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