Lending Loop
Lending Loop is an online marketplace for Canadians to lend money to growing local businesses. Lending Loop's marketplace leverages technology to bring true market efficiency to both lenders and borrowers, resulting in a fairer outcome for everyone. The online model allows businesses' loan applications to be evaluated using sophisticated decision models supported by hundreds of data points. Using this technology, Lending Loop aims to advance the Canadian lending ecosystem into the twenty-first century by providing accessible capital at fair rates to promising SME's while simultaneously improving fixed income returns for lenders.
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