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 [...]
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10 September 2015

Startup bringing peer-to-peer lending to Canada this fall

The Globe and Mail | Clare O’Hara | September 10, 2015 Canada’s first peer-to-peer lending platform is set to launch this fall allowing Canadian investors the opportunity to fund small local business ventures. Peer-to-peer lending has been a controversial issue within the Canadian marketplace, with many providers opening their platforms only to institutional and accredited […]

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25 June 2015

Why Lending Loop is a Better Way for Small Businesses to Borrow

While Canadian banks will never admit it, their interest in small business has been extinguished for some time now. The Big Banks are driven by their pursuit to increase “shareholder value” and over time have built up significant cost structures which has pushed their focus to larger loan sizes, leaving small businesses behind. With the [...]
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11 June 2015

Lending Loop Launches Online Business Lending Marketplace on Back of Seed Funding

TORONTO, June 11, 2015 /CNW/ – Lending Loop has opened its doors to businesses across Canada, aiming to be the first Canadian platform that connects businesses seeking capital with Canadian lenders. The financial technology start-up received its first round of financing from the Kirsh Group, and intends on using the seed capital to kick-start a Canadian peer-to-peer lending marketplace. […]

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