Open Loans Canada

A social network that allows borrowers to access loans from millions of lenders in Canada. It also allows lenders to have direct access to millions of borrowers. From mobile money lenders to traditional salary advance companies, Open Loans Canada connects borrowers and lenders from Ontario to British Columbia to Alberta to Newfoundland to Labrador, etc. The idea is to create a very efficient loans marketplace in Canada.

Open Loans Canada also provides Canadians with investment opportunities. A private person in Canada with excess cash can use the app as a way to invest. He can lend the money to another Canadian he finds on Open Loans Canada and earn an interest. He can secure himself by taking possession of security such as a car or a title deed.

Borrowers in Canada can borrow from private persons as well as banks and other financial institutions in Canada that they find (or find them on Open Loans Canada).