Your business has been operating for 1 year or longer
Has greater than 100,000 in annual revenue
Is registered as a Corporation or Partnership
Successful business owners have the ability to recognize profitable opportunities when they arise. Darren knew that some equipment improvements would allow him to better serve his customers and create cost savings that would flow right to his bottom line.
"We knew these improvements made sense, but traditional financing options were either too complicated or too rigid. Lending Loop hit a sweet spot for us in terms of ease and flexibility of financing."
Brewing is a capital intensive business. It was important for Darren to fund his business with fairly priced capital provided under straight-forward terms.
"There's a big gap in Canada's financing market for small to medium sized businesses. Lending Loop helps to bridge the divide between start-up funding and financing for mature operations."