How It Works

We will negotiate the best car loan options for you in Ontario with our partnered financial institutions and banks regardless of your current credit history. Our vast network of dealer partners will allow us to find a vehicle that meets your financial parameters and personal requirements based on your selection in the online application. We also have a large selection of vehicles readily available on site for your convenience at each of our 4 locations.

Step 1: Preparing for Your Car Loan

In the first step of the application, you are prompted to select a vehicle type followed by a monthly budget. This is important in determining which model, trim, and year of that vehicle type will suit your budget based on your credit rating. Please note that  your vehicle selection at this stage is not final based on the application you submit. This is only the preliminary selection which will help us understand your vehicle needs. Furthermore, it will allow us to obtain a pre-approval for this type of vehicle from one of our financial institution partners for you.

You may specify if you have a preference for a particular brand or model once you meet with your Sales Specialist and Finance Manager during your appointment.

Step 2: Filling Out the Application

After you have selected your vehicle type and preferred monthly budget, you will need to complete the rest of the online application form. During this step, you will be prompted to provide the basic information we will need to secure financing for you. This information includes your contact information, employment details, current address, and a few other basic information pertaining to your living arrangements and finances.

Once your application has been received by our administration team, a team member may contact you if we need to verify any information submitted to ensure accuracy of your application.

Step 3: Connecting You with a Finance Manager and Vehicle Selection

After your information has been received and verified, a team member will schedule an appointment with you at one of our 4 locations nearest to you. During your appointment, you will meet a certified Finance Manager who will review your credit pre-approval parameters and review your vehicle eligibility. After you are happy with your financing option and vehicle selection, you can expect to sign a conditional vehicle purchase and finance agreement. Our Finance Manager will help set up your insurance, complete licensing with the Ministry of Transportation, and set up your pre-authorized banking all in the same day for you.

At Approval Capital, we are committed to ensuring our customers are completely satisfied. We will strive to get you approved for vehicle financing regardless of your current credit rating. Your Finance Manager will build a professional relationship with you to ensure your credit goals and vehicle needs are met.


Apply for Your Car Financing Today

Your online application takes only 3 minutes to complete
and we only ask for information we need to secure you the best car loan rates in Ontario.