Programs for Businesses Impacted by COVID-19

At Lending Loop we're committed to supporting small businesses during times of need. Below is a list of Lending Loop, Federal, Provincial, and Municipal programs to support Canadian businesses affected by COVID-19. We will be updating this list as updates and more programs are announced.

Last updated: April 24, 2020 - 1:58pm EST

Support for Lending Loop Clients

We have implemented a temporary hardship program for borrowers that are currently distressed as a result of impacts of COVID-19. This program will allow Lending Loop clients that meet certain criteria to make interest-only payments on their loans for a period of 3 months to accommodate this unexpected event.

To apply for our hardship program please email your request to relief@lendingloop.ca

Canadian Small Business Owner Slack Community

Lending Loop has created an independent slack group to allow business owners to connect and discuss strategies to chart their businesses through the COVID-19 pandemic.  The group is a forum for business owners to ask questions, get resources, and to come together as a community.

To join click the button below and you will be directed to the sign-up page.

Join the Community