Funding Circle offers investors a chance to grow their income by providing a platform where they can lend to small and medium-sized businesses. Launched in 2010, the company ensures firms have access easy and fast funding to meet their diverse business needs. Funding Circle has a global presence with operations not only in the UK but also in Netherlands, Germany and the United States. The lender launched services in the United States in 2013 and 2015 in Continental Europe.
Funding Circle Ltd has been regulated and authorised by the FCA (Financial Conduct Authority) and registered to operate in England with a physical address in London. The lender takes data protection seriously and has registered with the Information Commissioner’s Office including all associated enterprises.
As a leading business loans provider globally, Funding Circle has also committed itself against modern slavery to ensure no modern human trafficking and slavery is present anywhere in their supply chains or business in accordance with the Modern Slavery Act 2015, Section 54(1).
Over £3.4 billion has been loaned through the platform to SMEs in the UK alone supporting over 40,000 small businesses. Funding Circle business funding is unsecured and begins from £5,000 to £500,000 borrowed between six months and five years. Rates are 3% annually with a typical decision complete in 24 hours with zero early repayment charges. Through a simple web form and a dedicated account manager getting a fast decision is fast. In a few minutes after offering information on your business, you will get an instant quote, review the various repayment models and choose the one that works for you. Once the loan application is approved, the loan offer will be complete in 24 hours. Within days, the funds will be deposited in your account.