Members

Core Team

Our Story

Canada's Loan Comparison Plaftorm

loans canada team scott satov cris ravazzano caitlin wood
Empowering Canadians

By 2012 Scott Satov, President of Loans Canada, had spent two years trying to build an online mortgage brokerage (Mortgages Canada, a separate entity) to make it easier for Canadians to find financing for their homes online. A couple of years into the project, it became clear to him that there was a large number of Canadians searching for loans online who had nowhere to turn to for financial help. At that time there was no visibility on the options available to many Canadians with credit issues, and most of these consumers were relying too heavily on payday loans and getting stuck in a cycle of debt they couldn’t get out of.

Scott brought on Cris Ravazzano as Chief Technology Officer and together they built a platform to provide Canadians with a new way to find the loans and financial products they were looking for. On July 1, 2012, Loans Canada was born: the country’s first and today’s largest online loan search and comparison platform.

cris ravazzano loans canada first office
Our First Office

Our idea was launched in Cris' home basement, in the west island of Montreal. We started small, focused on creating a user-friendly platform and insightful educational content for our users so that they could make better informed decisions about their finances. Over the years we have continued to develop our technology, hired new staff that share our mission, expanded our product suite and today we are headquartered in Toronto. However, one thing that has stayed constant is our focus on providing our users with reliable financial resources.

Initially, our goal was to provide consumers with a more affordable and manageable alternative to payday loans. We now offer dozens of products to Canadians all across the country with a particular emphasis on those who are dealing with credit problems. Our loan search platform allows a consumer to search for the products they want, compare lenders and service providers, and leave comments and ratings to help future borrowers make the right choices.

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Trusted by Millions of Canadians

Over the years our platform has been used by millions of Canadians. Thousands use our platform every day to compare personal loans, car loans and other products. We are partnered with dozens of financial institutions to help Canadians find the best rates and since 2022 our users have been able to use our platform to check their credit report for free.

Loans Canada was recognized as one of the fastest growing companies in Canada in 2022 and 2023 by The Globe and Mail, and was a Deloitte Technology Fast 50 and Fast 500 program winner in 2024.

Recognized As One Of Canada's Top Growing Companies

Our Goals

Discover Our Goals & Values

Connect

Through our loan search platform, we can connect any Canadian, regardless of their financial past or credit history, with a lender or service provider that meets their needs. Choosing Loans Canada means you only need to submit one application to get instantly matched with multiple offers.

Educate

One of our main goals is to educate Canadians and empower them to make financial decisions that work best for their lives. Through the content we publish in our learning we encourage consumers to take back control of their finances and make responsible borrowing decisions that will not only solve a financial problem today but help build a better financial tomorrow.

Partnerships

Because we aim to match all Canadians with options that meets their unique needs, we're partnered with Canada's largest financial institutions and we're proud to offer our customers access to the largest lender network in the country. Are you interested in partnering with us? Click below to learn how we can work together.

Partnership Programs

Data & Privacy

We know that your privacy is important to you. That's why our website is encrypted with SSL and we only collect the information needed to match you with the best possible service provider. Loans Canada protects your data and will never share it without your consent. To learn more about our data protection policies, view our privacy policy.

Our Mission

Our goal is to make financing accessible for all Canadians. We believe all consumers deserve a second chance, regardless of their credit rating. With our platform and educational resources, we aim to educate and empower Canadians so that they can make better financial decisions.

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