GetintheLoop unveils in-house financing for franchise program

GetintheLoop CEO Matt Crowell (right) with former Canadian Western Bank CEO Larry Pollock, who helped developed the in-house financing program for GetintheLoop Local.

GetintheLoop CEO Matt Crowell (right) with former Canadian Western Bank CEO Larry Pollock, who helped developed the in-house financing program for GetintheLoop Local.

July 8, 2019
For Immediate Release

Canada’s fastest growing franchise, GetintheLoop Local, has introduced an in-house financing program to relieve the major barrier facing some entrepreneurs.

GetintheLoop Local franchise owners connect businesses with GetintheLoop, Canada’s leading mobile offers platform. Since the franchise program was launched 10 months ago, GetintheLoop Local has looked to attract motivated individuals with big ideas, not big pocketbooks, and in-house financing reaffirms this philosophy.

“Our mission is to help small businesses succeed and create opportunities for entrepreneurs everywhere,” said GetintheLoop CEO Matt Crowell. “We understand that great entrepreneurs don’t always have access to the funds required to become a franchisee, which is why we’re focused on people, not the ability to pay.”

GetintheLoop received valuable input on its in-house financing program from former Canadian Western Bank CEO Larry Pollock, who has worked alongside VP of Finance Peter Geh from the beginning of the process. Pollock is an investor in GetintheLoop and also serves in an advisory role.

“It has been rewarding to work on the launch of an in-house financing program for GetintheLoop Local,” Pollock said. “We strongly considered the needs of entrepreneurs throughout this process and have created a system that gives them greater financial freedom as they pursue this amazing opportunity.”

Pollock, who joined the CWB in 1990, retired in 2013 with the distinction of being the longest-serving CEO in Canadian banking history. Under his leadership, CWB’s market capitalization grew from $16 million to $2.3 billion and its assets increased to $17 billion by the time of his retirement.

“Having someone like Larry Pollock support our team is clearly a huge advantage to a young company like GetintheLoop,” Crowell said. “We’re excited to work with him on managing the rapid growth of our company.”

GetintheLoop Local’s in-house financing is available as of July 1. There has never been a greater opportunity for interested entrepreneurs who have been held back by financial concerns to take the leap.

“While we expect 90 per cent of our franchisees to find their own means for capital, having this option is exciting for so many great entrepreneurs that would be a perfect fit for GetintheLoop but are in a position where they can’t afford to jump at the opportunity,” said VP of Franchise Operations Nick Fane.

About GetintheLoop Local

The first ever SaaS digital franchise gives entrepreneurs across Canada the opportunity to operate their own turnkey mobile marketing franchise. Local team members connect businesses in their communities to the GetintheLoop platform and provide ongoing support to help these businesses achieve their goals.

To learn more about GetintheLoop Local, visit https://getinthelooplocal.com.