Funding Circle is a peer-to-peer lending marketplace that allows investors to lend money directly to small and medium-sized businesses. Funding Circle was launched in the UK in August 2010. 5 million in funding from Index Ventures in April 2011. Funding Circle financial bitcoin is an online marketplace that enables investors to offer money direct to small companies.
250K in Germany, Spain and the Netherlands for up to 60 months. Whole or fractional loans are purchased by individual and institutional investors from their respective countries. However, only accredited individuals and institutional investors are allowed to participate on the US marketplace. In addition, loans are purchased by the Funding Circle SME Fund, an investment trust created in November 2015 that trades on the London Stock Exchange. Within the UK, until September 2017, Funding Circle permitted lenders to either use an autobidding feature, or to manually choose who to lend money to.
In September 2017, Funding Circle withdrew the manual choice functionality. Unlike a savings account, investments with Funding Circle are not guaranteed and may lose money if the underlying loan goes into default. Funding Circle assesses the credit of every business and those that qualify are given a risk band to guide investors on their relative strength. For loans in the UK, the total estimated lifetime bad debt across all risk bands is 3. As of May 2017 Funding Circle advertised an average annual return of 6. Peer-to-peer lending and saving: Making everyone happy”. Funding Circle expands its small business reach”.
37M to fund American small businesses”. UK peer-to-peer lender Funding Circle expands with U. Faster, lower cost finance for businesses that are fed up with banks’: Funding Circle boss says ‘peer-to-peer’ lending boom has only just begun”. Funding Circle Goes Global with Acquisition of Zencap”.
Barclays criticises small business lending targets”. Why Funding Circle is shifting its lending model”. Funding Circle launches first P2P investment trust”. Funding Circle simplifies its investment protocol”. This page was last edited on 2 April 2018, at 22:11. Whatever happened to the graphic equaliser?