Harsh Chawla opened Pukka in late 2013 to stellar reviews, and it remains one of the highest-rated Indian restaurants in Toronto.

When some unforeseen expenses arose, Harsh obtained a merchant advance to cover the costs. While Pukka continued to operate very successfully, repayments on its merchant advance caused undue strain on its cash flow. Pukka’s merchant advance carried a far higher interest rate than the popular restaurant deserved.

Assembling the right ingredients.

We were able to refinance Pukka’s merchant advance at a significantly lower rate with a Lending Loop loan requiring manageable monthly payments. Lending Loop loans are completely open and can be paid off in full at any time with no fees or penalties.

Pukka1
Pukka2

Supporting our borrower's success.

We know the restaurant industry is fast-paced. We’ve designed our process to be fast and efficient to accommodate the entrepreneurs we serve. When you apply for a loan with Lending Loop, we aim to make you an offer within 2 business days.

How do Canadian Businesses Benefit from Peer-To-Peer Lending?

EASY ACCESS TO FINANCING

Applying is easy and it typically takes less than 5 minutes.

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LOW RATES. NO HIDDEN FEES

Rates that suit your business with no penalties or hidden fees.

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FLEXIBLE TERMS

Lending Loop’s Term Loans are flexible,
giving businesses the ability to repay early without penalties or fees.

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