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loophole is a MIDI-triggered loop sampler, which allows you play sections of up to 4 different loops using MIDI notes to control which section of which loop plays. This can be a great way to mash up 4 different loop styles or add quick variations on 4 similar loops. As well as having full control of which sections to play, you can also trigger random sections too.
You can load any 4 loops and sync them to host tempo, then using MIDI notes you can play the loops, switching between loops, playing several loops and defining which sections play. You also get a visual display of the loops, the play position and which sections are being played. The multi-out version lets you apply further effects processing to each loop separately. Loophole also has a volume envelope per loop to declick or fade in/out.