What information is required in order to invest?
In order to become a Lender, you must provide some personal details in order to verify your identity. This includes your legal name, date of birth, home address and SIN number. Once you've entered your personal details, we require you to sign a Note Purchase Agreement.
In addition, you must verify your bank account with Lending Loop, as well as add funds to your account in order to have full access to all the Lender features, such as the loan Marketplace. Finally, before any commitments can be made towards a Borrower loan you must complete a Get To Know Me survey in order to assess your investor preferences and risk tolerance.