About Us

What is CommunityLend?

CommunityLend is an Online Lending System where people can borrow money directly from private investors who are both individuals and institutions, in a safe, structured and secure way. This lending service is new and unique to Canada and is called Peer-to-Peer lending.

We are not a bank; in fact, we are an alternative to traditional bank lending. We are the facilitators of a lending community whose intent is to give its users a more transparent lending experience than they could otherwise get from a traditional financial services company.

• For Borrowers:

  We create the opportunity to get lower interest rates on Loans, to be recognized for personal factors beyond just credit score, and to accept more flexible payment options, like early repayment without penalty. Learn more about Borrowing.

• For Lenders:

  We create the opportunity to participate directly in the meeting of financial needs of others, to take direct control over building a portfolio of assets which match their Lenders investment criteria, and to participate in a different financial asset class. Learn More about Lending.

What does CommunityLend do Specifically?

As the agent of Borrowers and Lenders on this new Online Lending System, CommunityLend has a number of specific responsibilities designed to ensure the proper operation of the System. You can find out more by visiting our Frequently Asked Questions

Who is the team behind CommunityLend?

CommunityLend is led by a committed and passionate team of professionals with over a century of combined Canadian financial services experience.

Read more about the CommunityLend Management Team.

Is peer-to-peer lending a uniquely Canadian idea?

While CommunityLend is the only Online peer-to-peer Lending System in Canada, we are proudly joining peer-to-peer lending companies in many parts of the world today including the United Kingdom and the United States. In fact, as part of our development, CommunityLend spent a significant amount of time consulting with a number of the international pioneers of successful peer-to-peer lending systems to design the service that we bring to Canadians.