Loop Financial Inc.: federal grants and contributions: 6 agreements; $2.2M value; 2 departments; 5 programs.
Assay record ASY-CA-0H8G6NO1QT · Cite as: Assay Systems, “Loop Financial Inc.: federal grants and contributions”, https://assay-systems.com/register/ca/grants/r/loop-financial-inc/
RRRF funding will be used to support Recipients to address the impacts of the COVID-19 pandemic.
To commercialize banking-as-a-service platform.
Automation between various Credit, Underwriting and Loan Management Systems, allowing Lending Loop to provide Small Businesses with relatively lower amounts of capital at an affordable rate with less time for application approval and an attractive risk-adjusted return to lenders.
The purpose of this CanExport SMEs agreement is to support small- and medium-sized enterprises (SMEs) for activities related to export market development that are part of an export business case for a specific target market, particularly where activities are targeting departmental priority markets and sectors.
Lending Loop is targeting the U.S. as a strategic market for Alternative Asset Managers due to their familiarity with Peer-to-Peer(P2P) marketplaces, as U.S. lenders have experience and a deep understanding of alternative investments
All grants from Federal Economic Development Agency for Southern Ontario
Contains information licensed under the Open Government Licence – Canada. Source: Government of Canada proactive disclosure of grants and contributions (open.canada.ca, dataset 432527ab-7aac-45b5-81d6-7597107a7013), 1,327,352 rows as published, collapsed to one agreement per agreement number (per reference number where none is given) at its latest amendment, which carries the full agreement value. Years are the agreement start year. Agreements with individuals are counted but not named.