Lending Loop logoLending Loop Review 2026

★★★★★ 3.7 · 3 borrower reviews
Lending Loop is a Canadian business lender offering term loans from $5,000 to $500,000. Funding in as little as 168 hours.

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Rates checked August 24, 2026
In business
Since 2014
Total funded
3.5M+
Branches
None
Provinces
13 of 13

Products offered

Each product is priced separately. Compare them below.

Business Loan
Unsecured · All of Canada
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Amount
$5K - $500K
Rate
From 5.9% APR
Terms
3 - 60 months
Min revenue
$8,333/mo
Time in business
12+ months
Good to know: Minimum credit score 600.

See if you qualify

Three questions checked against Lending Loop's published criteria, per product. No application started.

Answer the questions to check Lending Loop's published criteria
Educational check against published criteria. Not an approval or offer.

Contact Lending Loop

Get in touch

  • Phone1-866-651-4241
  • Head office555 Richmond St W, Toronto, ON M5V 3B1

Support and hours

  • Mon-Fri9am-6pm ET
  • ChannelsHelp Center/Blog, Email Support

Borrower reviews

3 reviews from borrowers who used Lending Loop. Reviews are moderated; lenders cannot remove them.

★★★★★ 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
★★★★★ Good rates

I got a really good rate on my loan. Helped my business and the experience was good overall. Got funded in 10 days.

Jeff
★☆☆☆☆ The worst interest rate

Do not even try this company for small business loan. very high interest rate.

Igor Tsodikovicth

Common questions about Lending Loop

What is Lending Loop?

Lending Loop is Canada's first and only regulated peer-to-peer lending marketplace focused on small business. Lending Loop's focus is on providing businesses with accessible capital at affordable interest rates through a simple online process. Lending Loop does this by cutting out the costly intermediaries, making affordable financing and faster decision making accessible to small businesses.

Is Lending Loop Safe?

Yes. Lending Loop gives 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. Lending Loop has a network of 11,000+ active lenders that have lent more than 70+ million to Canadian small businesses. Lending Loop has been covered in Tech Vibes, The Globe and Mail and the Financial Post. They have an office in Toronto, but support businesses and their communities across the country.

What Products and Services Does Lending Loop Offer?

The Lending Loop offers peer to peer business loans.

How Much Can I Borrow from Lending Loop?

You can borrow amounts from $1,000 to $500,000 with Lending Loop.

What Is the Interest Rate on a Lending Loop Loan?

The interest rate on a Lending Loop loan starts at 4.96%.

What Is the Term Length for a Lending Loop Loan?

Terms on Lending Loop loans range from 3 to 60 months.

Lending Loop · $5,000 - $500,000 · funding in 168 hours Apply Now