Loop Purchase Order Financing
$ 250,000.00
Loan
Description:
With Loop, businesses can extend their working capital to sell more and grow faster. They can obtain financing to cover the production costs of large purchase orders, ensuring they never miss an opportunity to grow their revenue.
Comments on Funding:
Funding is a financing of the purchase order, up to $250,000; with a monthly interest of 1.50% per month.
Rolling deadline
Eligibility:
Applicants must be global Canadian companies.
Application Steps:
Applicants must:
1. create and activate their Loop Account.
2. apply online.
Documentation Needed:
Applicants must:
1. provide some basic information about their business;
2. provide consent as directors/owners of their business.
3. purchase orders.
Other Things to Note:
Loop is a financial technology company and not a bank.
About the author
Maurice
