Traditionally, when a company or a person wanted a loan, they would often go to the only place where they could get one: the bank. But now there’s another option called peer-to-peer (P2P) lending. P2P lending started about a decade ago and came to Canada only recently. Companies like Lending Loop act as an intermediary [...]
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Before investing in a business, you’ll need to do a little bit of homework and determine its financial position. While this task may seem daunting, it’s actually quite easy. There are four things you should pay attention to most: sales, earnings, operating expenses, and assets and liabilities. Sales A business that’s able to grow its [...]
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The key to successful investing is having a well-diversified portfolio because a variety of investments will help you manage volatility. A portfolio is often made up of three main investment categories: cash, stocks, and bonds. The percentage you allocate to each depends on your risk tolerance. If you’re looking for growth, then you’ll want to [...]
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For many small business owners, the idea of more accounting and legal paperwork that comes with incorporation can be a scary thought. In this post, we explore what incorporation means as well as the benefits and drawbacks for small business owners across Canada. What does “Incorporated” mean? When you drive down a highway, you will [...]
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Lending Loop allows you to lend to small and medium sized businesses. Even though your loan may be guaranteed or secured, the nature of business lending means your investment can always go down as well as up. By accessing this site you agree to be bound by its Terms of Use and Privacy Policy.
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