Our story begins back in 2011 when a mother walks into a payday loan agency to borrow funds for her kids. Without an extended payment date, she had to keep reborrowing smaller amounts to pay off the loan, accumulating an interest rate of almost 350% APR. Such stories are common across Canada, this led to the founding of Lendle.
At Lendle we not do believe in predatory lending practices, eliminating interest from all of our financial products. Our fee-based system ensure that we are not only competitive but rather providing a cost savings onto our borrowers. With a fee-based system, you no longer have to worry about the accumulation of interest, simply pay back what’s borrowed.
The Lendle Mission
“Bringing cost saving products that will help clients meet their financial demands. Ensuring our products do not exploit clients through interest and predatory banking practises. Lendle will be working to introduce financial instruments that will not only help elevate Canadians monetarily but providing another source of income. Lendle has created a model that will have its profits flow down to its end users, while sustaining our operations. Our wealth is your wealth!”
The Lendle Vision
“To promote banking that ensures equality and equity, within the global economy. Bridging the financial gap between income classes. Eliminating wealth segregation and growing communities as a whole, while eradicating greed”
See how our company is progressing and providing value added solutions to Canadians.