The CLA promotes transparency and fosters responsible and ethical lending practices. The association supports innovation across the home, auto, consumer and commercial lending sectors.

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News

Response to Ontario High-Cost Credit Consultation

Response to the Alternative Financial Services: High-Cost Credit Consultation Paper March 30th, 2021 Introduction The Canadian Lenders Association (CLA) supports the growth of companies that are in the business of lending, or providing other means of credit, to small businesses and individuals. We represent over 100 companies across Canada. Our members are fintech innovators and […]

Zūm Joins CLA as an Approved Vendor to Offer Lenders Best in Class Payment Technology

February 16, 2021 (Toronto) — The Canadian Lenders Association (CLA) is pleased to welcome Zūm, a leader in fast and intelligent payment operations, into its membership as an approved vendor based on their ability to optimize borrower satisfaction and revenues through next generation payment solutions.  Zūm empowers lenders to offer efficient and cost-effective real-time funding […]

2020 Wrap Up in Canadian Lending

2020 has been a year marked with incredible resilience, recovery and innovation.  Though many industries played vital roles supporting Canada’s businesses and citizens through COVID, the lending industry deserves special recognition. This year lenders took extraordinary steps to support Canadian families and entrepreneurs. Many instituted relief programs, cut rates, and worked with all levels of […]

Services

Lending Leadership & Ideas

The Canadian Lenders Association is committed to sharing ideas nationally to help educate borrowers and share best practices with lenders. We use online panel technology provided by Thinkwire.com to host informative discussions and fireside chats. These ideas are shared via Linkedin to reach a wide social audience. See our Leaders-in-Lending Series We host private dinners […]

Lending Resources & Services

Our Lending Resources and Services Committee is responsible for partnerships that drive incremental value for our lenders. An example is our SMART Box, capital comparison standard, launched in partnership with the ILPA

Lending Advocacy & Regulatory Services

CLA’s Advocacy and Regulatory Principles Through advocacy with all levels of government and with other trade associations in the marketplace, the Canadian Lenders Association’s Advocacy and Regulatory Committee supports the following principles: We support transparency throughout the Canadian marketplace and will support changes to legislative and regulatory frameworks that encourage and enhance transparency for borrowers. […]

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