21 June 2017

3 Ways to Start Planning Now for the Ontario Minimum Wage Increase




If you haven’t heard about the minimum wage hike in Ontario, you haven’t heard about the biggest wage hike in the province’s history. By January 1st 2018, the minimum wage is planned to go up to $14, and by Jan 1, 2019, $15. It’s at $11.40 today, which means over the next 2 years the […]

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24 February 2017

Lending Loop – How loans reach the marketplace




One question we’re asked a lot of at Lending Loop is how are businesses and their loan applications evaluated? In this post, we’ll walk through the behind the scenes work that goes into evaluating each application at Lending Loop. There are 4 steps that a business goes through to be listed on the marketplace. Step […]

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20 May 2016

Sales and Marketing is the most challenging business function for Canadian business owners, study says




At Lending Loop, we're focused on helping Small and Mid-sized Canadian Businesses (SMEs) grow. Small businesses are the backbone of the Canadian economy. In fact, SME’s account for over 99% of the total 1.1 million employer businesses operating in Canada and employ nearly 90% of Canada’s private sector workforce. While running a business can be incredibly [...]
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31 March 2016

OPEN LETTER: Lifting the Veil on Peer-to-Peer Lending in Canada (By NCFA Canada)




On behalf of the National Crowdfunding Association of Canada (NCFA), its members and affiliates, we would like to highlight the urgent need for governments and regulators to actively promote the growth and development of Canada’s nascent peer-to-peer marketplace lending (P2P Lending) industry to unlock potential benefits for borrowers and investors.   10 Facts about P2P [...]
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