Programs for Businesses Impacted by COVID-19

At Lending Loop we're committed to supporting small businesses during times of need. Below is a list of Lending Loop, Federal, Provincial, and Municipal programs to support Canadian businesses affected by COVID-19. We will be updating this list as updates and more programs are announced.

Last updated: April 24, 2020 - 1:58pm EST

Support for Lending Loop Clients

We have implemented a temporary hardship program for borrowers that are currently distressed as a result of impacts of COVID-19. This program will allow Lending Loop clients that meet certain criteria to make interest-only payments on their loans for a period of 3 months to accommodate this unexpected event.

To apply for our hardship program please email your request to

Canadian Small Business Owner Slack Community

Lending Loop has created an independent slack group to allow business owners to connect and discuss strategies to chart their businesses through the COVID-19 pandemic.  The group is a forum for business owners to ask questions, get resources, and to come together as a community.

To join click the button below and you will be directed to the sign-up page.

Join the Community