Partner Announcement:

Loop, the Banking Solution Built for Ambitious Canadian Businesses

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Banking in Canada needs to be better. Too many Canadian businesses are held back by expensive, traditional banks and slow manual processes. Loop provides an integrated global banking solution that helps businesses save an average of $40,000 annually and 12 hours of work every week. We are excited to announce our partnership with Loop, where you can get $250 back when you pay for Collage with your Loop Card.

Banking Done Better

In the fast-paced world of Canadian business, the tools you choose to manage your people and your money often determine how quickly you can scale. At Collage, we’ve always focused on helping teams reclaim their time by streamlining HR and payroll. Too often, we hear our clients struggle with poor and expensive banking experiences.

To truly thrive, Canadian businesses need a financial ecosystem that is as agile as their workforce. That’s why we’re excited to partner with Loop, a Canadian banking solution built specifically for the needs of ambitious Canadian entrepreneurs. Loop provides a complete financial ecosystem for Canadian businesses while making it easy to do business globally. 

The "Hidden Tax" on Canadian Growth

Traditional banking in Canada hasn't kept up with the needs of modern, global companies. Canadian banking has fallen behind and the gaps are clear:

  • Excessive FX Fees: Losing up to 5.7% on international spending due to foreign exchange markups.
  • Manual Processes: Managing multiple bank accounts and manually reconciling transactions, wasting hours every week.
  • Inflexible Credit: Relying on pre-funded cards that require constant upkeep instead of a true corporate credit line.

Loop was built to solve these exact frustrations, helping businesses save an average of $40,000 annually and 12 hours of manual work every week.

Global Banking That Works Like Your HR Software

Just as Collage centralizes your "people data" in one intuitive dashboard, Loop centralizes your global finances. By pairing these two platforms, you can set a new standard for a compliant and efficient operation.

1. The Power of Multi-Currency Cards

The Loop Card is Canada’s first no-fee, multi-currency corporate credit card.

  • Zero FX Fees: Pay your international vendors or software subscriptions in their original currency without the "bank markup".
  • Real Credit Limits: Ditch the pre-funded cards and enjoy the cash flow flexibility of a real credit limit.
  • Smart Spend Controls: Much like you manage employee permissions in Collage, you can set individual spending limits and merchant category restrictions for every team member’s card.

2. Automated Expense Management

Loop’s AI-powered receipt matching allows your team to simply text or email a photo of their receipt. Loop automatically matches it to the transaction and syncs with accounting platforms like QBO and Xero, ensuring your books are always ready for your accountant.

3. Open Local Accounts in Minutes

Expanding into the US, UK, or Europe? Loop allows you to open locally-domiciled accounts in CAD, USD, EUR, and GBP. You get local accounts and routing numbers, meaning you can receive payments from international customers as if you were a local business, completely bypassing expensive wire fees.

Exclusive Offer: Get $250 Back When You Pay With Loop

To celebrate our partnership, we want to help you reinvest in your team's growth.

For a limited time, you can get up to 25% back on your Collage subscription when you pay with Loop.*

  • The Action: Sign up for Loop and pay for your Collage subscription (minimum $1,000 spend) using your Loop Card.
  • The Reward: Receive a $250 statement credit on your Loop Card.
  • The Goal: Simplify your HR and save thousands on your global banking at the same time.

Ready to stop losing money and time to traditional banks?

Learn more about Loop and unlock your $250 credit today.

*Terms & Conditions apply. Offer valid from January 31, 2026, to January 31, 2027. Customers must spend a total of C$1,000 or more on Collage subscriptions on their Loop Card within the offer period. C$250 statement credit will be applied to qualifying Loop accounts within 60 days of the spend threshold being met. Limit one offer per company. No opt-in required.

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