Rating based on 21 reviews

Funding Circle

Updated
  • Business loans up to £1,000,000
  • Low-interest starting from 1.8%
  • Repayment up to 60 months

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Funding Circle homepage
Author Funding Circle. Screenshot of Funding Circle website.
[Accessed September 8, 2021]

About Funding Circle

At Funding Circle, they connect creditworthy businesses in search of business finance with organizations and individuals that can lend.

They have created a well-planned and crystal clear plan of action that is more effective than conventional lending. They strive to create a better start-up business loan platform for everyone.

Business finance with a difference

Since Funding Circle started in 2010, they have been a trusted source of business financing for many businesses. Their dedication to opportune and trustworthy business financial services and their commitment to giving their customers the support they need is what gives them their uniqueness.

Small businesses are a vital part of our society. At Funding Circle they understand that and they have done everything possible to simplify the process. Oftentimes small businesses don't get the business funding they need to grow. Funding Circle has made it its mission to change that.

Small business loans are their game

For ten years now, Funding Circle has worked tirelessly to transform the ways to access business finance. Making it their mission to give you uncomplicated, transparent, and affordable business funding.

They understand that small business owners are a vital part of the communities they operate in. They add valuable contributions to their communities by creating jobs, supporting their communities, and helping the economy to grow. It comes as no surprise that Funding Circle is passionate about helping small businesses to succeed.

Leaders in the small business loan industry

They are known as the largest small business loan provider globally. To date, there have been able to help over 118,000 small business owners get collective business finance of more than £1,3 billion. They are changing the lives of ordinary people daily and they will continue to do so.

Funding Circle Services

Most people starting a small business have a plan and a dream but don't always know where or how to get the business finance that they need.

Funding Circle knows this and they have made it their business to help you succeed. They offer a wide range of small business loans and solutions.

A vast array of business finance solutions

Whether you need a small business loan for the first time or for refinancing your existing business loan, Funding Circle has what you need in one place. Offering you variable and fixed-rate business loans. They have an enormous advantage over conventional banking institutions with over 45,000 investors, eagerly waiting to invest in various small businesses.

Not only do they offer a quick and easy online application process but also repayment terms that give you better control over your finances. They have adopted a strict no early payment penalty allowing you to repay your business loan early without having to be charged extra. Funding Circle offers you secured and unsecured business loans.

Know your business loan amount

Knowing how much you can borrow beforehand makes a big difference. By filling out a quick 10-minute form, you can find out what business loan amount will be best for you.

You can get a free personalized quote and see what you will be repaying and your repayment terms. Make use of their handy business loan calculator.

A business charge card with benefits

With a business charge card, you get the chance to earn 1% cashback with every business purchase made. You can keep track easily of all your business expenses in one convenient place. Whether you prefer to pay off your balance monthly or over 3 months in equal installments, the choice is yours.

Funding Circle – Business loan

  • Loan Type Business loans
  • Interest Rate 1.87.4% p/a
  • Loan Amount up to £1,000,000
  • Repayment 6 months to 60 months

Benefits of Funding Circle

  • Unsecured Business Loans 
  • Affordable loans
  • Easy application

Business loan calculator

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The interest rate of a loan will vary based on your credit score and risk profile.
This loan calculator is for illustration purposes only.
The use of this quick loans calculator is subject to our terms of use.

Funding Circle – the preferred business loan platform

They say that knowledge is power and the more you know, the better decisions you can make.

This is no different when it comes to business loans. Here is a step-by-step list of how the application works and what you will need.

Before you start with your business loan application, you must make sure that you have any relevant documentation on hand. This makes the loan application smoother and makes your approval chances better.

The next step is to make sure you have your latest credit report. Making sure that any outstanding debt or previous business loans are paid can drastically improve your credit score. This in turn betters your chances of approval.

A few more things for your small business loan

The next step is checking your business accounts. You need to make sure that these are up to date, on hand, and accurate.

A detailed loss and profit report, as well as a balance sheet, will be required from you. Having these ready will simplify the process.

Planning your business loan is key

Providing a clear picture of what your business loan will be used for is a requirement. Make sure you know how much money you will need and very importantly, what you can repay. Making sure of this before you apply is always a good idea.

The application process

Step 1

You can check eligibility in 30 seconds without affecting your credit score.

Step 2

Fill in your online application form which takes about 10 minutes.

Step 3

Your no-obligation personalized quote will be sent to you on approval.

Step 4

If you accept, some final things are done, your loan is processed and the funds are paid into your bank account.

Business funding from Funding Circle is innovative and caring. You are their main priority and their business is to see you grow and prosper. Choosing to get a small business loan from them can change your life. 

Why you need a business loan from Funding Circle

  • They offer a fast and efficient business loan application process.
  • There are no in-person interviews.
  • You don't need business plans.
  • You get decisions in as little as 1 hour.
  • They are a leading small business loan
man holding thumbs up

Funding Circle is a trusted & reliable provider of business loans

In our review, Funding Circle adheres to the compliance criteria in accordance with the Financial Conduct Authority, where the granting the loan will not cause financial distress to the consumer.

Funding Circle is a registered credit provider in UK: FSA 722513

Customer Reviews & Testimonials

November 2021

Getting the funding we needed was so easy with Funding Circle. The whole application process was quick and convenient. Their website was also very informative. You will not look back when you cho...

Jackson S
— Birmingham —

June 2021

We were delighted when we applied for our small business loan when we saw how easy and stress-free it was. Being able to do everything online makes the whole application process so convenient.

Isla J
— Bath —

September 2021

Anyone that is on their journey to starting their own small business should know about Funding Circle. They have a wide range of loans and services and they help and guide you all the way. They a...

Wyatt B
— Cambridge —

Funding Circle Contact

Physical Address

Opening Hours

  • Monday 09:00 – 18:00
  • Tuesday 09:00 – 18:00
  • Wednesday 09:00 – 18:00
  • Thursday 09:00 – 18:00
  • Friday 09:00 – 18:00
  • Saturday – Closed
  • Sunday – Closed