Parachute Loans

Parachute Loans We give you a loan at an interest that gets better over time. With Parachute, we are changing lives with just one loan.

When you follow our guide, your credit score will improve, your interest rate will drop, and you will be financially fit faster than ever. Parachute was founded with the purpose of providing financial well-being for Canadians dealing with high-interest rate (predatory) debt. We are creating a world in which people have control over their finances, feel financially secure and empowered to make bett

er choices. Our three step approach combines a lower interest rate debt consolidation loan with no hidden fees that resets a consumer's finances; a data driven app that monitors, educates and guides better financial behaviour; and a rebate system that motivates that behaviour with cash-back rewards.

We’re excited to share that Parachute is now on GetintheLoop! Explore our offers on the app. 📲
10/05/2023

We’re excited to share that Parachute is now on GetintheLoop! Explore our offers on the app. 📲

Here we go! In a little less than one hour we will be live with Jeri Bittorf, certified Money Coach exploring our own mo...
10/04/2023

Here we go! In a little less than one hour we will be live with Jeri Bittorf, certified Money Coach exploring our own money beliefs and feelings and how we can make the most out of our money.

Please register here: 65cc5915-3efa-4719-8ec0-ff684c1e8b77@6a735e89-bdf5-4aa9-abf3-b0fb107472fa" rel="ugc" target="_blank">https://events.teams.microsoft.com/event/65cc5915-3efa-4719-8ec0-ff684c1e8b77@6a735e89-bdf5-4aa9-abf3-b0fb107472fa

If you can't attend, please proceed to register and we will follow up with a link after the event.

Did you know we’re on GetintheLoop? It’s a free app that lets you find local savings, rewards, and more. Find our offers...
10/03/2023

Did you know we’re on GetintheLoop? It’s a free app that lets you find local savings, rewards, and more. Find our offers on the app! 📲

10/01/2023

Celebrating One Year of Transformation with Parachute: Cesar's Journey

Today, we want to share a story that embodies the very reason we founded Parachute. It's a story of transformation, resilience, and the incredible power of support.

Meet Cesar. Last month marked his one year anniversary with us. In that time, he's come a long way—from the stress and uncertainty that money troubles can bring, to now seeing the light at the end of the tunnel. Cesar's story reaffirms why we exist: to make a real, positive impact on people's lives. We're not just a financial service, but a helping hand, a source of guidance, and a community of support. His story is a testament to the dedication and hard work of our team, and it fills me with pride to see the impact we've had on his life.

I am also excited to share that we've raised over 60% of our goal with our FrontFundr campaign. If you are interested in supporting, or want more information, please visit our FrontFundr page here (https://lnkd.in/erdjvt3Y)

Here's to many more stories of transformation and success! 🚀

We ALL have a relationship with money and for most Canadians it’s a quite stressful one. If you are looking for insight ...
09/25/2023

We ALL have a relationship with money and for most Canadians it’s a quite stressful one. If you are looking for insight into your own relationship with money, hear from our first Parachute Prosperity guest speaker, Jeri Bittorf as she discusses:

Common emotions and behaviours around money
Strategies to change these emotions and behaviours
Tried and true practical tips on how to manage your money

Our first session will be on October 4 at 1pm ET - to register, please go here: https://lnkd.in/gUsik_e8.

-being

See you on the 4th!

Wondering how can Parachute help you? Are you one of 8 million Canadians whose credit score doesn't qualify for a loan f...
09/15/2023

Wondering how can Parachute help you? Are you one of 8 million Canadians whose credit score doesn't qualify for a loan from a major bank? That's where we come in. We offer rates between 24.99-29.99%, well below predatory lenders. We coach and guide you towards your financial goals. And you can leave your loan with up to 10% in cash-back. Who else does that? Apply now at app.myparachute.co/apply.

08/27/2023
08/27/2023

It's been said that building a business isn't a straight line. The ups and downs of building a start-up have been the most challenging and rewarding chapters of my life. Like a rollercoaster, the intensity of feeling has run the gamut - stomach-turning, eye-closed, blood-pumping fear and excitement.

Lucky for me, I've had the great fortune of working with an amazing team (Mark Levitan, Karen Radic, Caitlin Carter, Tanya Romanuk, Joe Petralito, and Sumit Garg), who get up every day and strap in for the ride. Emotional highs, down-turns, and dips - burning the midnight oil has been part & parcel of this entrepreneurial journey.

But we're winning. Gaining momentum.

We're doing hard things that not only create impact for our clients, but are changing the status quo. And, despite a very broken market of high interest lenders, payday loans and credit counselling companies, we've created a product that offers our customers hope.

We like to say that Parachute is a loan with purpose - and for me, it's personal.

I am our client - a kid who 30 years ago (with a commerce degree!) found himself on the other side of a failed business, bad advice, and declaring bankruptcy. A poor financial decision that followed me throughout my career.

But there's no shame in that - or at least there shouldn't be - and that's why Parachute was created. We offer the canopy to help Canadians land on their financial feet.

I want to thank our friends at Intuit for sharing my story with their community. It offers a little background as to why I do this - and hopefully, it's a little reminder that together we can get financially well. (www.myparachute.co)

We don't just offer financial solutions. We offer personal solutions that are tailored to your unique needs, so you can ...
06/23/2023

We don't just offer financial solutions. We offer personal solutions that are tailored to your unique needs, so you can achieve long-term financial stability. Apply now at app.myparachute.co/apply and let’s get started.

Financial + Healthcare = FinCare. Meet Parachute, a new concept in financial services with a vision to be an unwavering ...
06/21/2023

Financial + Healthcare = FinCare. Meet Parachute, a new concept in financial services with a vision to be an unwavering ally to the financially underserved by empowering our customers to build financially healthy futures. Come join us at app.myparachute.co/apply.

Address

372 Bay Street
Toronto, ON

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