Lending Loop $25 Referral Bonuses – Canada P2P Small Business Lending Marketplace

Lending Loop is a Canadian peer-to-peer small business lending marketplace that allows lenders to generate fixed income returns while giving businesses a fair term loan at affordable rates.

For Lenders: Lending Loop gives all Canadians the ability to earn attractive returns by investing in small business loans.

For Borrowers: Lending Loop provides business owners with accessible capital at fair interest rates through a simple online process.

Plus, the Lending Loop Give $25, Get $25 Referral Program gives both current and new lenders a $25 bonus after the new lender invests a total of $1,500 into businesses on the Lending Loop platform.

If you live in the U.S.A., you can try this NextSeed Crowdfunded Investments $20 Bonus to get a free $20 credit to use toward your first investment in U.S. small businesses.

How Lending Loop Works

1. Small businesses complete a simple online loan application in about 5 minutes.

2. Lending Loop evaluates the small business loan application to determine if it’s eligible for the marketplace.

3. Lenders can view listings on the marketplace and commit funds to small businesses that you want to invest in.

4. If enough lenders commit funds to reach the small business loan goal, the lenders then partner together to fund the loan.

5. When the loan is full funded, the loan will enter repayment, and the lenders will receive monthly blended interest and principal payments from the small businesses.

Lending Loop is free to join for lenders and free to apply for borrowers with no hidden fees.

Lending Loop Give $25, Get $25 Referral Program

Current Lending Loop lenders can refer friends to Lending Loop with your unique referral code, and you will both receive a $25 bonus once the new lender has lent a total of $1,500 to businesses on the Lending Loop platform by May 31, 2018.

Just visit the Lending Loop Referral Page to access your unique referral link or code to share with your friends.

The $25 referral bonuses are deposited into both accounts within 2 weeks after the newly referred lender lends a minimum of $1,500 to businesses on the Lending Loop platform.

This offer is open to all verified Lending Loop lenders with an active Lender account.

A referrer is not eligible for more than 1 reward with respect to referred Lenders residing at the same address.

Please feel free to exchange your Lending Loop experiences along with your referral links/codes in the comments below this article, so that both you and potential new Lenders can earn the $25 bonuses.