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Money Direct

Franchise Fee: $35,000

Startup Capital Required: $175,000 - $250,000

Investment Required: $400,000

Available Territories: British Columbia, Alberta, Saskatchewan, Ontario, New Brunswick, Nova Scotia, Prince Edward Island

Training : Provided

Corporate Units Canada: 10

In Business Since : 2008

CFA Member Since: 2016

Money Direct is a leading financial services provider with the intent on being the best in class. Money Direct is "customer centric" always putting the needs of our customers first. Money Direct offers several financial services, including Cheque Cashing, Payday Advance, Western Union, pre-paid cards, gift cards and Gold Purchasing. Money Direct currently has corporate locations in Ontario and Nova Scotia and is looking to expand that footprint. Money Direct is 100% Canadian owned and operated.
Money Direct large banner


We at Money Direct are working hard every day to become your trusted money service store. We're here to assist you in all areas of your money service needs.

Money Direct exists to serve you, the customer. We believe we are the best in the business, and that's because we put you the customer, first, every day. You are always our top priority and if we can help you we will. We understand the challenges of today's economic situation and we are committed to help in any way possible.

We were the first company to offer the "Buy Back Program" where you can come to the store and buy your cheque back. Our friendly tellers are knowledgeable and can answer any questions you may have about any of our various services.

Customer service is our #1 priority. We set ourselves apart by trying harder to win your business every day. We have several convenient locations so we can get "Your Money…Direct to You". Compare our customer service with any other lender and you will find we are the best.

We are dedicated to making sure your first visit to Money Direct will be fast and convenient to help you get to the things that are most important to you.

Extended Money Direct benefits to you:
  • Payday loans: $50 - $1500 “CASH ON THE SPOT"

  • No long line ups – we will have cash to you in less than 10 minutes (on the spot approvals)

  • Extended store hours as we continue to work at making your time easier

Introduced in 2008, the chain currently operates five locations in Ontario, all in the greater Toronto area, and five more in Nova Scotia.

Money Direct is planning expansion and Presently the chain is sourcing sites in the North Brampton area, Mississauga-West, Scarborough, the Erin Mills Pkwy and the Miillcreek area.

The Canadian owned and operated chain targets middle class areas with a high density concentration of houses and townhouses that is near light industrial areas. In-line units or end caps with good visibility and access are necessary and the size required is about 1000 square feet.