General FAQs
You can apply online at https://bluecoppercapital.com/loan-information/, in person at one of our offices, or call us, and we will email you an application. Please call us if you wish to discuss your individual requirements and situation prior to applying. We deal with every client on a case-by-case basis, and your individual needs are important to us!
Our interest rates on term loans range from 14% to 35% annually. Most of our loans are in the 24–30% range. This is competitive with credit cards, consumer lending, and finance companies. Rates vary based on the loan term, loan amount, client history, and type of security. A simple way to approximate fees on the Line of Credit is to use the calculation of $1.00 per day for every $1,000 borrowed.Â
For more details on payday loans, please visit our Payday Loans page.a
Our terms generally range from 6 to 36 months for installment loans and open lines of credit, and from 42 to 62 days for payday loans.r
Absolutely! With our term loans, unlike traditional lenders, we include amortization schedules with your loan documents. This shows your principal and interest payments along with your updated remaining balance owing each month.Â
This is the amount you would pay, without penalty, should you decide to pay off the loan early. With our lines of credit, you will receive a billing statement on the 15th of each month, and you may close it at any time. With our payday loans, your fees are pro-rated.
There are no processing fees involved in applying for a loan. Upon approval and completion of the term loan process, there may be an administration/documentation fee. A larger administration fee may apply to mortgages. On our line of credit product, there is a monthly maintenance fee starting at $6.k
We offer lines of credit, term loans, and payday loans in Alberta. In British Columbia, we offer our line of credit and installment loans.
No and no. A large portion of our borrowers rent their homes and/or finance their vehicles. We pride ourselves on offering good service to everyone, regardless of their assets. Many of our loans are, in fact, for vehicles. Using your vehicle or home as security can get you access to larger funding.
Yes, we do. In situations where you are working to rebuild your credit or are just starting out, a co-signer can be a good option.
We offer loans ranging from $100 to $500,000. The amount a client is approved for depends on several factors. Since we provide different types of loans, it’s best to discuss your specific situation individually. Approval amounts can vary based on the purpose of the loan, the collateral involved, whether there’s a co-signer, the applicant’s income, other financial obligations, and their credit history.
Many people are afraid to apply for a line of credit or a term loan because they know their credit isn’t the best and assume they’ll be turned down. We are always willing to discuss the situation that caused bad credit and the reason for needing the loan. There are varying levels of poor credit, and we do not automatically turn anyone down based on a credit blemish alone.
Our guideline is that you have been at your current place of employment for at least 90 days. We use this guideline as a 90-day mark, when most employees are past their probationary period, to set us both up for success in repaying your loan.
We don’t offer insurance because, at the end of the day, it’s not cost-effective for you. The cost relative to the value rarely works out in your favour if you are unable to repay your loan.
We lend based on employment income and private disability insurance. We don’t lend on Alberta Works, AISH, or BCPWD payments. If your primary income is derived from payments from one of these sources, contact us, and we can recommend another loan provider.
Payday Loan FAQs
In Alberta, the maximum cost of a payday loan is $14 per every $100 borrowed. Your posted interest rate varies depending on the term of the loan. For example, on a $300 loan, you would repay $342 on a loan that goes the full term.
There is no limit on the number of total payday loans you can get, but you can’t have more than one payday loan from the same company at the same time. Payday loans are meant to be a short-term cash solution. Â
If you find yourself in need of payday loans often, you may want to consider a personal loan or a line of credit. Personal loans and lines of credit come with better rates and longer terms.
How much you can borrow varies individually. If it’s your first time borrowing from us, a typical first loan amount would be $100 to $500. We build relationships and mutual trust with our clients, which allows us to gradually increase your maximum loan amount based on your income.Â
The maximum amount allowed for a payday loan, per regulations, regardless of income, is $1,500. If you require more, please check out our personal loans and lines of credit.
There is no minimum income requirement. All applicants must be gainfully employed with the same company for at least 3 months. If you receive disability benefits, your income must come from a private insurance company.
We don’t do a credit check for payday loans.
The entire payday loan process from start to finish can be done in as little as 20 minutes, provided we have all of the necessary information and documents included with your application. It doesn’t matter if you apply online or in person; our process remains the same. We receive and evaluate your application, give you the loan documents to sign, and then send you an e-transfer.
If you apply online, we will contact you as soon as we receive your application to keep you posted on its status. If it’s your first time borrowing from us, we prefer that you meet us in person to be approved and sign your documents, but the whole process can be done online.
We lend in British Columbia and Alberta. See our chart below for the services we offer in each location, or <span style="font-weight: 400;">contact us</span> for more information.
| Location | Payday Loan | Personal/Term Loans | Line of Credit |
| British Columbia | Not Available | Available | Available |
| Alberta | Available | Available | Available |
Absolutely! Many of our customers start out with a small loan and, after establishing a loan history, they move into lines of credit, term loans, auto loans, or consolidation loans. Our business was built on our personal relationships with our clients, and we review every loan application individually.Â
A good payday loan history is a great start and helps us approve you for larger or longer-term loans.
Payday loans only appear if you default. Both our Personal Loans and Lines of Credit get reported. This is a huge bonus, and a customer can see a credit score increase of 100 to 150 points just by repaying on time. Â
Factors that influence credit score are:
- Payment History 35% of the score
- Utilization 30% of the score
- Length of Credit History 15% of the score
- Type of Credit Products 10% of the score
- Inquiry Segment 10% of the score
Line of Credit and Personal Loan FAQs
We lend in British Columbia and Alberta. See our chart below for what services we offer in each location, or <span style="font-weight: 400;">contact u</span>s for more information about which services we offer.
| Location | Payday Loan | Personal/Term Loans | Line of Credit |
| British Columbia | Not Available | Available | Available |
| Alberta | Available | Available | Available |
We don’t do a credit check for payday loans.
Absolutely! Many of our customers start out with a small loan and, after establishing a loan history, they move into lines of credit, term loans, auto loans, or consolidation loans. Our business was built on our personal relationships with our clients, and we review every loan application individually.Â
A good payday loan history is a great start and helps us approve you for larger or longer-term loans.
Payday loans only appear if you default. Both our Personal Loans and Lines of Credit get reported. This is a huge bonus, and a customer can see a credit score increase of 100 to 150 points just by repaying on time. Â
Factors that influence credit score are:
- Payment History 35% of the score
- Utilization 30% of the score
- Length of Credit History 15% of the score
- Type of Credit Products 10% of the score
- Inquiry Segment 10% of the score
A line of credit is available to anyone interested in better loan rates. If you frequently use payday loans for your personal or business life, a line of credit is likely a great fit for you.
Do line of credit customers get better rates?
Yes, eligible customers may receive preferred rates as well as more flexible loan terms depending on their credit profile and borrowing history.
Business Loan FAQs
We offer loans to all types of business owners and businesses. Over the years, we have built relationships with many local business owners from all industries. We understand the challenges of owning your own business (after all, we’re business owners too), and we fight to get you the best rates possible for your business loans.
We work with many business owners across industries, including contractors, sole proprietors, and corporations. We understand that qualifying for a loan can be difficult for business owners under standard payday and personal loan requirements. Most business owners who borrow from us either take out a line of credit or have a business loan in both their personal and company names.
Absolutely! Many of our customers start out with a small loan and, after establishing a loan history, they move into lines of credit, term loans, auto loans, or consolidation loans. Our business was built on our personal relationships with our clients, and we review every loan application individually.Â
A good payday loan history is a great start and helps us approve you for larger or longer-term loans.
Payday loans only appear if you default. Both our Personal Loans and Lines of Credit get reported. This is a huge bonus, and a customer can see a credit score increase of 100 to 150 points just by repaying on time. Â
Factors that influence credit score are:
- Payment History 35% of the score
- Utilization 30% of the score
- Length of Credit History 15% of the score
- Type of Credit Products 10% of the score
- Inquiry Segment 10% of the score
Our Services for Flexible Borrowing
The Blue Copper Difference
What sets Blue Copper Capital apart is how we approach lending, with clarity, respect, and a focus on what works for you.
People
First
It’s not just about the loan. We take the time to understand your situation and the person behind the application. You’ll get clear explanations, honest answers, and support at every step so you know exactly what you’re signing up for. Whether you’re covering an unexpected expense or managing cash flow, we’re here to help you make a confident decision.
A Better Way to Borrow
Our line of credit is designed for people who want more flexibility and fewer setbacks. If you’ve found yourself relying on payday loans in the past, this offers a more stable option. You can benefit from better rates, more flexible terms, and access to helpful resources, such as money management tips and client perks.
Built for Long-Term Relationships
We may offer short-term loans, but our goal is to build long-term trust. Many of our clients are individuals and business owners who continue to work with us because the process is clear and consistent. We’ve seen how the right support, even in smaller amounts, can make a meaningful difference over time.
Real Experiences, Real Feedback
We’re proud of the relationships we’ve built and the trust our clients place in us. Here’s what people across Alberta and British Columbia have to say about working with Blue Copper Capital.
What a customer service by Carolynn her communication was clear and friendly i would suggest everyone to be assisted by carolynn
Anatola Mhoamed
the personal service was good, timely responses too emails, clear isntruction
Mark
The experience with Paula and Carolynn has always been professional, personal and speedy. Appreciate all their help!
Patricia Darlington
How Do I Apply for a Loan?
In Person
Visit us in person at our Calgary or Edmonton location for an extra personal touch.
Online
If you need a loan that’s quick and easy, we’ve got you covered. Our online application tool makes applying for a loan simple and convenient.
Call Us If You Have Any Questions Before Applying
Give us a call, and one of our team members will walk you through the application process. Even from the comfort of your own home, we’re here to help.
Our Locations in Calgary, Edmonton, & British Columbia
Our SW Calgary Office
We’re conveniently located on Macleod Trail, just across the street from the north entrance of Chinook Mall. We are located on the second floor!
Where to Park
Free parking is available outside our office. We’re also walking distance from Chinook train station.
Our Address
- #203A, 5809 Macleod Trail SW
- Calgary, AB T2H 0J9
Contact Information
- Phone: 403-250-0232
Hours of Operation
*Closed on All Statutory Holidays
Our Edmonton Office
We’re conveniently located just off 87 Street northwest in the Commerce South Office Park.
Where to Park
There is parking available outside the building.
Our Address
- #200, 4803 87 Street NW
- Edmonton, AB T6E 0V3
Contact Information
- Phone: 780-918-4925
Hours of Operation
*Closed on All Statutory Holidays
Our British Columbia Team
Our virtual team in British Columbia is ready to help you with all your loan and line-of-credit needs. Call us or fill out our contact form to get started.
Our Address
- Online
- Vancouver, BC
Contact Information
- Phone: 778-874-9564
Hours of Operation
*Closed on All Statutory Holidays
Our Simple Loan
Application Process
1. Apply: Complete your application online or in person with a few key details.
2. We Review: We confirm receipt and reach out if we need anything else.
3. Get Your Offer: We’ll review your loan options with you, including rates and terms.
4. Make an Informed Decision: Take the time to review everything and decide what works for you.
5. Sign and Receive Funds: Complete your paperwork electronically or in person, then receive your funds in your preferred way.
Let’s Find the Right Option Together
Not sure about interest rates, repayment timelines, or whether a payday loan is the right fit? We’ll walk you through it and help you clearly understand your options.
Short-term loans can help when timing matters, and we believe you should have all the information up front. Some conditions apply, and we’ll make sure you know exactly what to expect.
At Blue Copper Capital, we focus on more than lending. We’re here to support you today and help you build a better path forward when you’re ready.
Call us to speak with a team member about your options.
Contact UsReady to Apply?
Questions?
Tired of Payday Loans? Get a Line of Credit
A line of credit is a solution for borrowers who are consistently repaying payday loans. Additionally, a line of credit is an excellent option for business owners who need quick access to capital.
Once you get a line of credit with us, you’ll get discounted rates and more flexible terms on every loan you take out. Members also receive free money management tools and tips, as well as access to exclusive events and gifts.
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