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Concrete Facade

FinanceIt

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Founded

2007

HQ

Toronto

Canada

North America

Industry Segment

Personal lines and loans

Company Status

Operating

Description

CommunityLend, dba FinanceIt, is a cloud-based platform that makes it easy for businesses to offer powerful financing options to their customers from any device. The company provides financing solutions that traditionally were only available to big box retailers through a safe and secure platform. The Financeit model is based on fairness, transparency, and ease-of-use, with no hidden fees or backdated interest charges, with interest rates lower than most credit cards. Since launching in 2011, Financeit has signed up over 3,800 retail, vehicle, home improvement and healthcare businesses who have processed more than $825 million in loans in Canada and the United States.

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