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.
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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.
Interest rate Starting at 5.9% Amount $5,000 – $500,000 Term 3 – 60 Months
Who is eligible
What you need to provide
How fast can you get the money 1 – 30 Days Funding method Direct Deposit How does repayment work Monthly Repayment from Bank Acocunt
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.