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: March 30, 2020 - 5:22pm 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 relief@lendingloop.ca