How do you secure the card?

The Loop Card does not require any cash collateral (such as making you purchase GICs). Since the Loop Card is a corporate card, the security we take is a general security registration on business assets (eg. inventory, cash and receivables). Additionally, we do require a personal guarantee for companies with less than $10M in Gross Profit, however the Loop Card is NOT a personal credit card and doesn't show up on your personal credit report.