NorthShield Lending

Secured Loans in Canada — Backed by Life Insurance Policies

Apply for competitive policy-backed loans with fast approvals. Serving borrowers and authorized agents across Hamilton, Ontario & all of Canada.

||

Secured Loan Processing — Fast, Transparent, Canadian

A complete platform for secured lending in Canada — from online application to loan approval, backed by your life insurance policy

Online Loan Application

Apply for a secured loan online with our comprehensive multi-step form. Provide borrower details, collateral information, and upload documents securely.

KYC & AML Compliance

Built-in compliance screening with credit check authorization (Equifax Canada / TransUnion Canada), sanctions screening, PEP checks, and FINTRAC-compliant KYC.

Canadian Loan Calculator

Calculate your secured loan amount, interest reserves, and view 5-year projections with shortfall and borrower distribution options.

Agent & Distributor Portal

Authorized agents review applications, generate term sheets with e-signatures, set competitive rates, and manage approvals across Canada.

For Loan Applicants in Canada

  • Apply for secured loans online — backed by your life insurance policy
  • Borrow against your cash surrender value (CSV) with competitive rates
  • Provide collateral details — policy numbers, CSV, death benefit
  • Secure document uploads with PIPEDA-compliant consent management
  • Track your loan application status in real-time

For Authorized Agents & Distributors

  • Secure agent portal with code-based registration
  • Loan calculator with shortfall & borrower distribution options
  • Interest rate and reserve computation engines for Canadian lending
  • 5-year projections with printable term sheets & e-signatures
  • Approve or reject with notes, decision tracking, and compliance checks

Frequently Asked Questions About Secured Loans in Canada

Learn about life insurance policy loans, the application process, and how NorthShield Lending serves borrowers across Canada.

What is a secured loan against a life insurance policy?

A secured loan allows you to borrow money using the cash surrender value (CSV) of your whole life or universal life insurance policy as collateral. Because the lender has security through the policy, these loans typically offer lower interest rates compared to unsecured alternatives.

How do I apply for a secured loan with NorthShield Lending?

You can apply online through our secure portal. The process involves providing personal information, your insurance policy details (account number, policy number, cash surrender value), identity documents, and completing KYC screening. Our agents review applications and provide competitive term sheets.

What areas in Canada does NorthShield Lending serve?

NorthShield Lending is headquartered in Hamilton, Ontario and serves borrowers across all Canadian provinces. Our authorized agents and distributors operate throughout Ontario and Canada to provide accessible secured lending services.

What credit bureaus does NorthShield Lending work with?

We work with both Equifax Canada and TransUnion Canada. During the application process, you can choose your preferred credit bureau for the credit check authorization required for your secured loan application.