LINE OF CREDIT
For years, banks have failed to understand the needs of eCommerce brands. Loop’s line of credit is built for high-growth eCommerce businesses that require flexible and affordable financing to fund inventory, freeing up cash flow to invest in growth.
Apply NowApplying will not affect your credit score.
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"You take time to learn about our business without it feeling like I'm begging you for money like the banks do. I liked that. It felt like a partnership. Like we’re doing this together and that was a really cool feeling, especially when I'm trying to get capital"< Read Kyle's Success Story
Kyle Jollymore, CEO of Phusia
"I would definitely use Loop again. In my opinion, if you're Canadian then Loop is the best option for an ecommerce business."Read Shaun's Success Story >
Shaun Hamaluk, CEO of PrimePure
Paying a big percentage of your revenue every day can be a massive drag on cash flow – stop paying a royalty and keep all of your profits. With Loop, eCommerce brands can draw on their Loop line of credit wherever and whenever and have the flexibility to choose how it’s paid back.
Got a big inventory order coming up? Let Loop pay for it. Just upload your invoices and Loop will handle payment on your behalf to suppliers. Use all that cash you would have spent and put it towards growth initiatives like advertising and new hires.
Use Loop’s capital to negotiate better pricing on your inventory purchases. With an average monthly rate of 1.5% that’s only charged on what you actually take, Loop doesn’t cost you money, it makes you money!
Loop is the financing partner that can finally keep up. We understand that your business is growing fast so we’ve built features that allow you to focus on your business while we make financing it seamless.
Access your capital wherever and whenever you need it – pay suppliers on the go with a single click
Increase revenue and decrease costs with affordable and transparent pricing
Our goal is saving you money – we’ll make sure you’re always getting the best rate possible with regular interest rate reviews
Your credit limit dynamically adjusts every month based on real-time sales data to make sure you always have access to the credit you need.
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Connect your eCommerce accounts and tell us about your business.
Within 48 hours you will get your approval for a set amount.
Use our capital to finance your inventory purchases so you can free up cash flow for other expenses
Repay on your own schedule with Loop's flexible line of credit. Funds will come directly from your bank account.
At no extra charge, we will review your credit limit and notify you if we are able to increase it
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