Loop

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Toronto, Canada

getloop.ca
Financial institution

Loop Reviews | Rating 4.6 out of 5 stars (4 reviews)

Loop is located in Toronto, Canada on 410 Adelaide St W Suite 500. Loop is rated 4.6 out of 5 in the category financial institution in Canada.

Address

410 Adelaide St W Suite 500

Phone

+16474904901

Open hours

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Adam K

Best eCommerce Financing Solution! Had a great experience working with Loop from Day 1. The application process, onboarding, and accessing funds were all fast, easy, and straight-forward. My favorite features thus far are the free wire payments/EFTs which my domestic suppliers get quickly and how transparent everything is. The other financing solutions out there tend to be all smoke and mirrors, great marketing, buzz words, etc but when it came down to it the rates they were charging and their payment terms crush businesses instead of help them. As my business grows, I wanted to find a financial partner that I can work collaboratively with. Loop does this by regularly making sure the product, limit, features, etc are meeting my needs so we can each focus on what matters. Within past 9 months, my line is up 3.5x from what I started with, and my interest costs are way down. Thanks Loop!

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Jathu Vasantharajah

Had a terrible experience dealing with Loop. They attempted to bully us into taking this eCommerce LOC. I highly advise to look elsewhere for eCommerce financing (Clearbanc or Shopify Capital). Loop takes personal guarantees and a host of other unfavourable borrower terms that make their eCommerce line of credit very unattractive and risky for borrowers.

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Alex Mihas

Great financial institution that brings a refreshing sense of transparency to the world of lending.

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Sean T

Great service fast and efficient lending