Lending Loop

@SettlingNomads We are seeing more demand from small businesses across Canada and we expect the demand to continue into the fall. We’ll continue to be very diligent as there is still a lot of uncertainty around many sectors. We appreciate your support and patience over the past year+ 😊

@LendingLoop funding requests have almost dried up since Mar’20 but have seen 2 requests in last 4 days! Is this a sign for gradual return to normalcy? 🤔

@CharlieBronzei We are seeing more demand from small businesses across Canada and we expect the demand to continue into the fall. We’ll continue to be very diligent as there is still a lot of uncertainty around many sectors. We appreciate your support and patience over the past year+ 😊

Hey Twitter friends. Our team is building a Credit Card 💳 for Canadian SaaS and eCommerce entrepreneurs. If you've ever needed a card to pay for business expenses, please take a second to fill out this survey to help us build the best product for you! form.typeform.com/to/U1M6L6Yi

My team and I are building a credit card for Canadian ecommerce merchants 💳 If you're running an ecommerce business and are frustrated with the lack of financial services available for businesses like yours, let us know what we can build to support you! form.typeform.com/to/U1M6L6Yi

Yesterday on @LendingLoop 3000 investors lent $500K to a large machine shop in Western Canada. We broke 2 Lending Loop records: 1. Fastest $500K funding time - 24 hours 2. Most investors that supported a single business- 3K Great to see this level of support for Canadian SMBs💪

UPDATE: We've still got room left to buy inventory for 18 more companies before the end of March 🎁 If you're in #ecommerce and buying inventory this month, make sure to reach out before you do. You can find us at: inventory.getloop.ca or @getloophq

@Willderness13 We may add more Auto-Lend filter criteria in the future as loan listings increase. For now we are focused on keeping Auto-Lend as easy to use as possible. Feel free to DM us options that you’re looking for on Auto-Lend and we can ensure they’re considered in the future!

@LendingLoop Will you ever add more options to the auto-lend?

@harry3251 Hi Harry - we’re going direct message you for some additional information so we can look into your account.

@thevoiz Hi @thevoiz we have a support team that can be reached at contact@lendingloop.ca or we can help you out here on Twitter via DM.

A great opportunity if you’re a small business in the eCommerce space! 👇

@Bibliopolitik Hi @Bibliopolitik - we apologize for any issues in contacting us. Our contact number and inbox has been active all week. In the meantime, we will follow up with you via DM here.

Lockdown policies that force small businesses to close while allowing big box retailers to stay fully open make 0 sense economically and 0 sense for public health. There is no evidence that says otherwise - this is the end of the story. #onpoli #COVID19

New episode of Fintech Founders is live! Meet @Cato_P4 , co-founder & CEO at @LendingLoop youtu.be/vx5wl5HpsFQ

If you came into some extra cash right now that you won’t need for 5-10 years, where would you park it?

Did you know we just launched our new line of credit for ecommerce stores? Check out our first published success story: getloop.ca/success-story-…

Today we announce the launch of QuickMatch - a tool to show you which programs your business is eligible for, and how to apply for them. Check it out here: getloop.ca/covid-19

@smithshawn @Cato_P4 Additionally, as a company, we've also put in place a temporary hardship program for business owners, that provides them with the ability to make interest-only payments on their loans for a period of 3 months to accommodate this unexpected event.

@smithshawn @Cato_P4 Hey @smithshawn, great question! We're encouraging everyone to continue to support their local businesses wherever possible. Whether that means ordering take out from your favourite restaurant or continuing to lend to businesses that require the capital. Every bit helps.

Fintech lenders say Ottawa should be using them to more effectively get relief funds to small businesses theglobeandmail.com/business/artic… @Cato_P4

Every small business in Canada is on a countdown clock to extinction. We are calling on our municipal, provincial and federal governments to step in and support the real engine of our economy: small businesses & scale-ups. theglobeandmail.com/business/comme… @cato_p4