How Lending Loop Works

Lending Loop is a peer-to-peer lender. That means we connect businesses seeking capital with lenders directly through our online platform.

Check my eligibility
*Applying won’t affect your credit score!
Our Success Stories
View Case Studies

How it works

We screen loan applications from small businesses, and assign a loan grade to creditworthy borrowers. Lenders purchase securities (in the form of notes) that correspond to fractions of these loans. Lenders can select loans based on a larger number of criteria, including loan grade. By purchasing notes corresponding to many different borrowers, lenders can easily diversify their portfolio. As borrowers repay their loans, we credit the lenders’ Lending Loop account with funds that can be withdrawn or lent to more borrowers.

For Businesses.

Businesses get access to the capital they need at fair rates, and lenders earn a return on their investment. All transactions take place on Lending Loop’s secure platform. We provide all of the agreements, screen and review all borrowers, and undertake collections in the event of a default.

For Lenders.

Before a business is ever listed on our Marketplace, we give them a loan grade from A+ to E. Lenders can review the loan listings and select which loans they want to invest in. Borrowers make fixed monthly payments and investors earn interest on their investment as the principal is repaid.

No surprises

No penalties, no hidden fees, zero cost to apply. Just a simple interest rate that suits your business.

Flexible terms

Your loan should work for you! There are no penalties or fees for early repayment.

Easy online application

No need to visit a bank branch or talk to a financial gatekeeper – just apply online. The process is simple and takes less than 30 minutes.

Focus on your business

We’ve made the lending process super-simple so you can get back to running your business and meeting your goals.

What makes us different

We do the right thing

We’re driven to do the right thing. This means we put our clients first, ensuring they not only receive the best customer experience but also the most ethical one. This means we may lose some clients along the way - but we will all be better off because of it.


We help entrepreneurs and lenders make the best and most informed decisions by clearly showing them our data and the ups and downs of our offering. We pride ourselves in being advisors and providing answers to the difficult questions.


We strive to help create economic opportunities for small business owners across Canada, while providing a fixed income security to investors. But above all the day-to-day we do our best to maintain a positive and friendly demeanour in everything we do.

Lent to Canadian small businesses

All loans on Lending Loop are funded through our community of investors. Investing in small business loans gives you access to stable monthly cashflow and diversification beyond stocks and bonds.