What Makes a Windmill Loan Unique?
- Deferred Payment Options: Up to two years of interest-only payments, followed by up to three years of principal and interest payments based on the length of your career plan.
- Comprehensive Support: Access to one-on-one coaching, financial planning tools, and the Windmill Mentorship Program.
How to Apply for a Loan
- Check Your Eligibility: Take our quick Eligibility Quiz to see if you qualify.
- Submit Your Application: Fill out the online application form and submit the required documents.
- Receive Your Funds: If approved, funds are typically disbursed within 10-15 days after approval.
Start Your Application Today: Apply Now
What Can You Use a Windmill Loan For?
The Windmill loans may be used to fund your Career Success Plan, which could include:
- Education and training programs of two years or less, including courses to help you advance your career
- Fees for licensing and qualifying exams
- Living allowance to support you during your training, licensing, or relocation
- Credentials assessments (e.g. WES, ICAS, IQAS, or MIFI)
- English or French language training
- Relocation costs for employment
- Travel expenses to take courses or exams not available in your area
- Books, course materials, and work equipment
- Professional association fees
*Note that we cannot provide loans for business start-up costs.
More Than Just a Loan
Windmill Microlending doesn’t just provide financial support. As a client, you benefit from:
- Community Success Hub: Exclusive access to job boards, career resources, and networking opportunities.
- Career Guidance: Ongoing support to navigate your professional pathway in Canada.
Understanding Your Loan
- Loan Amounts: Borrow up to $15,000 with specific programs potentially allowing more.
- Repayment: Flexible repayment options tailored to your financial and professional situation.
- Credit Building: Loans are reported to credit bureaus, helping you build your credit rating in Canada.
FAQs and Success Stories
Have more questions? Read our FAQs or explore the success stories of those we’ve helped transition from survival jobs to careers that match their skills and training.
Windmill Microlending is dedicated to helping skilled immigrants and refugees achieve their professional potential and thrive in Canada. Join thousands of newcomers who have transformed their careers and lives with the support of Windmill Microlending.