Boost your revenue with loans made for everyone
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.
Why work with us?
Beyond our lending expertise, our product is pretty great.
High approval rates
We’re using a proven credit model that lets us lend deep into near and non-prime borrowers on high purchase amounts. That means that we’ll say “yes” more when other lenders may have to say “no”.
A big balance sheet, with no risk to you
Being backed by a Tier 1 bank (Fairstone Bank) comes with advantages. We’ve got a large balance sheet, ability to raise more funds and an appetite for good credit performance.
Full service servicing and collections
We take care of the toughest (and riskiest) part of lending: collecting! Borrowers repay their loans to Fig and we’re also there whenever they get in trouble.
Fully automated decisioning
No human is in the loop when Fig says “yes” to a borrower. This lets us make decisions quickly which leads to happy borrowers.
API first
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.
Earn incremental revenue
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.
A Fairstone Bank Company
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.