Toronto, Ontario, September 26, 2025 – Loans Canada is pleased to announce it has ranked No. 137 on the 2025 Report on Business magazine’s ranking of Canada’s Top Growing Companies.
Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth. Loans Canada earned its spot with three-year growth of 264%.
Being named one of Canada’s Top Growing Companies again is a proud milestone, especially amid economic uncertainty, rising inflation, and significant shifts in the lending landscape. This year’s reduction of the criminal interest rate from 47% to 35% APR brought new regulatory challenges that directly impacted how our users access credit. We’ve responded quickly, prioritizing compliance and transparency, while continuing to expand and improve our services.
We’re proud to have not only sustained our operations but also continued to grow and serve more Canadians than ever. Loans Canada CEO Scott Satov reflects, “We’re humbled by the rapid growth and the milestones we’ve achieved. This journey has been driven by the trust of our users and the passion of our talented team. As we continue to expand, Loans Canada remains focused on delivering innovative financial solutions and meaningful support to Canadians from coast to coast.”
Canada’s Top Growing Companies is an editorial ranking that was launched in 2019 to celebrate the achievements of innovative businesses in Canada. To qualify for this voluntary program; companies had to complete an in-depth application process and fulfill revenue requirements. In total, 400 companies earned a spot on this year’s ranking.
The full list of 2025 winners along with editorial coverage is published in the October issue of Report on Business magazine. The list is also published online here.
“Our annual ranking of Canada’s Top Growing Companies reflects the sector-spanning ingenuity of this country’s entrepreneurs and corporate leaders,” says Dawn Calleja, Editor of Report on Business magazine. “And we think it’s important to tell their stories, to help inspire the next generation of up-and-comers across the country.”
About The Globe and Mail
The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With our award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 6.1 million readers every week in our print or digital formats, and Report on Business magazine reaches 2.7 million readers in print and digital every issue. Our investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.
About Loans Canada
Founded in 2012, Loans Canada is the country’s first and leading financial service comparison platform. To date, we’ve helped millions of Canadians find the right solutions for personal loans, car loans, debt relief, and credit building.
With a rapidly growing user base, Loans Canada supports hundreds of thousands of Canadians each year in making smarter financial decisions. Loans Canada is also a trusted resource for financial education, offering a wide range of content and a Financial Literacy Scholarship to help Canadians build financial literacy.
For more information visit www.loanscanada.ca.
