Lending Loop is an online P2P Lending marketplace for Canadians to lend money to growing local businesses. They provide capital to local businesses by cutting out intermediaries like banks to make affordable financing accessible.
PRODUCTS & SERVICES:
Lending Loop for P2P lending services
Viewable by subscribers only
SMBs online Retail businesses
Brandon Vlaar, Cato Pastoll
Board Members and Advisors:
David Simpson, Ian Jacobson, Mike Kitchen, Clive Kinross
NUMBER OF EMPLOYEES:
MaRS Investment Accelerator Fund
Cato Pastoll (CEO)
The platform has facilitated over $7 million of financing to small businesses via a community of over 9,500 investors. (August 2017)
DATE OF LAST FUNDING:
TOTAL FUNDING COMMENT:
The company will use the latest funds to roll-out its new automated investing product.