Whether you want to lend to more Canadians, or lend for the first time, Fig is a seamless, API-first way to monetize your customer base and attract new customers.
Whether you’re looking to start offering personal loans, or extend your current lending box to approve more customers, we have solutions for you.
Offer a personal loan directly within your
product experience by leveraging Fig's LaaS
(Lending-as-a-Service) platform.
Leverage Fig’s embedded lending technology to offer a seamless loan experience to your customers.
Expand your product offering by offering a personal loan to your customers, embedded within your product experience.
With Fig’s whitelabelled lending solution, let Fig provide and manage the entire lending journey for your customers, all under your brand.
Boost your approval rates, lend on bigger
ticket items and extend your credit box - all
while we take on the risk.
Boost approval rates by offering purchase financing to those with lower credit scores.
Secure more merchants by offering purchase financing on ticket sizes up to $25,000.
Expand who you can lend to by leveraging Fig’s near and sub-prime lending expertise.
Not only are we good at lending, but our product is pretty great too!
We’re using a proven credit model that lets us lend deep into near and non-prime credit scores on high purchase amounts.
That means that we’ll say “yes” when other lenders may have to say “no”.
Being backed by a Schedule 1 Bank (Fairstone Bank) comes with advantages.
We’ve got a large balance sheet, the ability to raise more funds, and an appetite for good credit performance.
Like batch files and uploads to SFTP drop boxes? Neither do we.
We’re API-first through and through, and have collaborated with our partners on lending APIs that make sense for both of us.
We take care of the toughest (and riskiest) part of lending: collecting!
Borrowers repay their loans to Fig and we’re also there first whenever they get in trouble.
No human is in the loop when Fig says “yes” to a borrower.
This lets us make decisions quickly, which leads to happy borrowers.
With Fig, you'll earn referral fees on each customer who books a loan.
These are customers you wouldn't have approved previously, so it's bonus revenue, without the cost.
Fig is a unique company backed by Fairstone Bank and developed in collaboration with Koru, a groundbreaking venture studio owned by Ontario Teachers’ Pension Plan. Fairstone has almost 100 years of lending experience allowing Fig to combine the best of both worlds - the agility and scrappiness of the start-up world and the experience, stability and resources of the corporate world.