About us

A loan with purpose.

At Parachute we truly believe financial well-being should be accessible to all Canadians. Our three step program empowers, educates, and rewards our customers. We offer the only loan where someone can leave with more savings than when they started.
Hear from one of our founders.

A financially responsible and ethical way to lend money to Canadians.

We’re taking a totally new approach to money lending—so forget everything you know about loans and lenders, and meet a team that's passionate about financial well-being.
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Meet our leadership team

Our team includes experts in the field of finance and behavioural studies, and are passionate about shifting the way people think about their money.
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Bruce Hodges
Co-Founder & CEO
Mark Levitan
Co-Founder & COO
Sandra Nowlan
Head of Customer Success
Karen Radic
Head of Credit
Sumit Garg
CTO
Start your path to financial well-being today.
Get a loan that gives you cash-back.

We truly believe financial well-being should be accessible to all Canadians. Our three step program empowers, educates, and rewards our customers. We offer the only loan where someone can leave with more savings than when they started.

Parachute is not a a bankruptcy, consumer proposal or debt management proposal company.
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