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 [...]
Continue Reading

22 February 2016

How P2P Lending Works




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 [...]
Continue Reading

21 October 2015

Why Small Businesses Should Consider Incorporation




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 [...]
Continue Reading

22 September 2015

New Online Marketplace Lending Loop Lets Canadians Lend Directly to Main Street




Now there’s a better way to borrow and a smarter way to lend. With the launch of Lending Loop, middle-class Canadians can grow their personal wealth by lending to the small businesses at the heart of their community and across Canada. Traditionally, Canadians have had little choice when it comes to investing their money. Purchasing [...]
Continue Reading