Lending Loop

Avg. Rating: 5.0 (1 review)

Lending Loop is Canada’s first and only regulated peer-to-peer lending marketplace focused on small business. Our core focus is providing businesses with accessible capital at the most affordable interest rates through a simple online process.We do this by cutting out the costly intermediaries, such as banks, making affordable financing and faster decisioning accessible to small businesses. By doing so, Lending Loop gives all Canadians access to a new fixed-income access class which provides simple and attractive returns, allowing them to support the growth of local Canadian businesses.

  • TIME IN BUSINESS: Since 2014
  • TOTAL FUNDED: Over $3.5M
  • LOANS OFFERED: Peer to Peer Business Financing
Visit site and apply

1-888-223-5667

555 Richmond St W, Toronto, ON M5V 3B1
Call Center: Mon-Fri: 9am-6pm ET
Support Offered:
  • Help Center/Blog
  • Email Support
Availability: All of Canada

Loans Offered

Below are all the loan products offered by this company.

Conditions & Rates

Interest rate Starting at 5.9% Amount $5,000 – $500,000 Term 3 – 60 Months

Eligibilty & Documents

Who is eligible

  • Canadian resident over 18
  • Annual sales over $100,000
  • At least 1 year in operations
  • Guarantor credit score over 600

What you need to provide

  • Financial Statements: Year-to-Date and 2 Previous Years

Repayment & Issuance

How fast can you get the money 1 – 30 Days Funding method Direct Deposit How does repayment work Monthly Repayment from Bank Acocunt

Articles About Lending Loop

By Jared Lindzon

Jared Lindzon is a regular contributor to top tier publications around the world, including Fortune Magazine, Fast Company, the Guardian, Rolling Stone, the Globe and Mail, and many more.

Lending Loop Reviews

Avg. Rating: 5.0 (1 review)
Loving it

Lending Loop is an easy way for me to invest my money with high returns, while also helping local business in my community. It's a win-win. Been using it for over a year and I have no complaints.

Tyler

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