Affordable career loans for skilled newcomers 

Are you among the 400,000+ skilled immigrants who come to Canada aiming for a brighter future? 


Employers may not recognize your education. Get back into your trained profession or upskill with a 6.7% low-interest Windmill loan and career support services. 


<Section: Overview>  


Why should you apply for a Windmill loan? 


At Windmill, we offer career loans to immigrants and refugees who come to Canada with education, skills, and experience but struggle to get into the career of their choice. Our loans support you to finance your upskilling costs while helping you cope with the rising inflation, interest rates, and cost of living in Canada. 


Unlike other loans in the market, our affordable loans are set at a fixed interest rate of 6.7%* for the entire loan duration to ensure payment stability, minimize your financial burden, and facilitate your career growth in Canada. A Windmill loan can be used to pay for the cost of accreditation, training, career development, and more. *Application to certain loan programs may vary. 



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Are you eligible for a Windmill loan? 

Are you working in survival jobs or struggling to access mainstream credit in Canada? Windmill has got your back! 

Eligibility criteria: 

You must be an immigrant and a Permanent Resident, Protected Person, Convention Refugee, Provincial Nominee, or a Canadian Citizen. 

Loan applicants must have one of the immigration statuses listed above. 

Unfortunately, international students, live-in caregivers, and refugee claimants are not eligible for a loan. 

You must be an internationally-trained immigrant requiring licensing, re-training or relocation to achieve your career goals 

You must be internationally trained and have completed post-secondary education outside of Canada and/or have a minimum of one year of post-secondary work experience before coming to Canada. 

You must have costs associated with a Career Success Plan to achieve your professional goals, which may include credential assessments, exam fees, or programs of study that are less than two years, or even relocation for employment. 

Note that we cannot provide loans for business start-up costs. 

You must be currently living in Canada 

You must be living in Canada to apply for a Windmill loan. We are proud to operate nationally and serve clients in all 13 provinces and territories. 

You must not have an undischarged bankruptcy 

If you have filed for bankruptcy in Canada, your bankruptcy ends when it is discharged, releasing you from legal obligations to repay the debts. We cannot consider your application if your bankruptcy is still active. 

If you have an active consumer proposal or debt management program, you are eligible to apply for a Windmill loan once you demonstrate at least 6 months of consistent payments, unless your debt management program prohibits taking on other debts while enrolled. 



What makes a Windmill loan unique? 

Windmill clients have up to two years of interest-only payments and up to three years of principal and interest payments depending on the length of their career plan. 


  • Loans up to $15,000  

  • Fixed low-interest rate as low as 6.7% 

  • Zero loan processing fees 

  • Success coaching support and mentorship program 



Start your application today  

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What can a Windmill loan be used for?  

From examination fees to childcare costs and living expenses, while you study, a Windmill loan can cover the varied costs of accreditation, education and training that are essential for you to advance your career in Canada.     

  • Qualifying exams 


  • Training courses 


  • Relocation costs 


  • Books and materials 


  • Assessments 


  • Living allowances 


  • Professional association fees 




More Than Just a Loan 


As a Windmill client, you benefit from a range of services, at no additional cost! 


  • One-on-one coaching to support you on your career path 

  • Career and educational resource supports 

  • Financial planning and budgeting tools 

  • The Windmill Mentorship Program 

  • Exclusive access to our Community Success Hub 



How to apply for a loan 


Step 01 

Check your eligibility 

Learn about the requirements to qualify for our affordable career loan and take our 

10-second Eligibility Quiz! 


See if you qualify 


Step 02 

Submit your application 

Once you pass the Eligibility Quiz, fill out our quick and easy online application form, submit the documents and complete your loan application. Get your loan approval notification within two weeks. 


What documents do I need? 

Step 03 

Start your journey to career success 

Once approved, get your loan amount credited within 10-15 days! Then, meet our expert client success coach who will provide you career guidance and mentorship assistance. This is a free service for our clients. 



Loan calculator 

Estimate your monthly payments, actuals may vary 



Loan terms and conditions 

Everything you need to know about borrowing from Windmill and paying your loan back. Click here for information on the loan terms and conditions that apply to your loan. 


Here’s what you need to know about borrowing from Windmill and paying your loan back.   

  • Up to $15,000 may be borrowed on our regular loan program; most people borrow around $11,000. We also have specific profession related loan programs that may exceed $15,000. 

  • Our interest rate for new loans is fixed for the term of the loan (6.7%). This means that your interest will not increase despite the constant increases on the prime rate by the Bank of Canada. 

  • You will need to sign a promissory note. 

  • In most cases, loan funds are advanced as you make progress on your Career Success Plan. 

  • Payments must be made monthly and will be taken automatically from your bank account. 

  • Your loan repayment schedule will depend on the length of your approved Career Success Plan. Generally, your payments will be in two stages: 

  • Interest only while you are completing your Career Success Plan (to a maximum of two years), and 

  • Principal and interest for the next two to five years 

  • Payments of interest only will start the month after you receive the loan funds and will be based on the amount borrowed at that time. 

  • You will have to start making principal payments within 90 days if you: 

  • Find employment in your field 

  • Complete your Career Success Plan, or Decide not to continue with your Career Success Plan 

  • Loans may be paid in full at any time with no penalty. “Paid in full” means that all principal, interest and any additional charges that might have been charged against the loan have been received. 

  • Your loan will be registered with a credit bureau so that you can build your credit rating. 

  • There are no processing fees on loans. 

  • Approval of your loan is based on several factors, including your financial history, the strength of your Career Success Plan, and your willingness to repay the loan. 



Have more questions about our loan? Read our Frequently Asked Questions 


Find answers 



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We’ve helped thousands of new Canadians, just like you! 

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