Lending Loop Surpasses $10M in Loans to Small Businesses Across Canada

TORONTO Oct. 18, 2017 – Lending Loop has officially helped provide financing of more than $10 million to small businesses across Canada. To date, the company, which is Canada’s premier peer-to-peer (P2P) lending platform, has helped over 180 small businesses in a variety of industries access funding to expand their businesses. Speaking on the achievement, …

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A Simple Guide to Canada’s Proposed Small Business Tax Reforms

On July 18, the Liberal Government proposed small business tax reform. The draft legislation proposed by Finance Minister Bill Morneau has been a much-debated topic over the past few months. This blog post will: Provide an overview of three of the proposed tax changes; Outline monetary examples of how the new legislation could affect small business …

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Auto-Lend has arrived! How to get the most out of P2P lending by using Automated Lending

Auto-Lend is a brand new product by Lending Loop that allows Lenders to automatically invest in loans as soon as they become available on the Marketplace. Auto-Lend automatically invests a Lender’s money in loans that meet their pre-selected criteria. The motivation behind building Auto-Lend was to help Lenders get the most out of Lending Loop’s …

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Lending Loop Launches “Auto-Lend” After Raising New Funding

TORONTO Aug. 2, 2017 – Lending Loop has raised $2 million in funding to roll-out its new automated investing product, Auto-Lend, and continue to grow its presence as Canada’s premier peer-to-peer lending platform. The company also plans to use the funds to help with new product expansion later in the year. The round was led …

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Small Business Financing in Canada – Part 4: Private Investors

Welcome to Part 4 of our series on small business financing in Canada. This week, we’ll cover Private Investors. In case you missed the other parts, we’ve already covered Crowdfunding and Government Grants, and The Banks. Today, we’ll discuss different types of private investors and whether they are viable sources of financing for owners looking to grow …

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Small Business Financing in Canada – Part 3: The Banks

Welcome back to our coverage on small business financing in Canada. This week, we’ll cover an option most people are familiar with: The Banks. In case you missed them, we’ve already covered Crowdfunding and Government Grants. In Canada, we are fortunate to have a large and stable financial system. Globally, the Canadian banking system is considered one …

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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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