We use cutting-edge technology to review your business’s overall financial health and base our decision on more than just a personal credit score. You can apply for a loan online in just 6 minutes, and get a decision in as little as one business day after submitting your documents. While banks can require a lengthy and clunky loan application, our process is quick, easy, and transparent. We know that time is money for small business owners. To do this, we developed an efficient online lending and investing experience based on our cutting-edge technology and industry-leading risk management models. We underwrite, approve, and fund loan applications and manage the entire loan disbursement and repayment process. This means we can focus on one thing: giving small business owners an easy way to find a better deal. Funding Circle uses technology to connect businesses who want to borrow with accredited and institutional investors who want to invest in a new asset class of small business loans.
How is Funding Circle different from a bank?įunding Circle is not a bank. Two years later, we began supporting small business in Germany and the Netherlands. We expanded to the US after tripling in size in just three years. In 2010, we launched the first peer-to-peer lending platform for businesses in the UK. Businesses get fast, easy access to financing to grow, create jobs, support local communities and drive the economy forward. They had a simple idea - let them support each other.īy investing in successful and growing businesses through Funding Circle, investors can diversify their fixed-income portfolios and access attractive returns. At the same time, investors were making poor returns. In spite of their flourishing gym business, their loan applications were either denied or they were offered untenable terms an astounding 96 times. Our US co-founders had a successful business and first-hand experience with this problem. You can read more about the entire global leadership team and board members on the about page.įunding Circle was founded in the wake of the 2008 financial crisis when small businesses were struggling and large lenders weren’t offering them financing. Our global leadership team and Board of Directors hold extensive experience from some of the world’s leading financial services companies, including Bank of America, Barclays Capital, Goldman Sachs, and J.P.Morgan. We’ve been listed on the London Stock Exchange since our initial public offering (IPO) in September 2018. We manage everything from reviewing applications to collecting and distributing loan payments and make the entire process quick and easy for small businesses and investors alike. Since launching in 2010, investors across Funding Circle’s geographies - including more than 90,000 retail investors, banks, asset management companies, insurance companies, government-backed entities, and funds - invested $17.5 billion to 118,000 businesses globally. Funding Circle is a global small business loans platform, connecting businesses who want to borrow with investors who want to invest in small businesses in the UK, US, Germany, and the Netherlands.