Working Capital Loans – Agreed in Days, Not Months

Funding CircleFunding Circle is the UK’s first peer to peer business loans provider. With over £90 million* already lent to businesses by thousands of people around the UK, it is rapidly becoming a popular source of loans for working capital, expansion, and many other purposes.

  • One simple online application
  • Fast turnaround: get a decision in 2 days
  • All-purpose loans to suit your business needs

In addition, if you take out a Funding Circle loan, the Government will lend up to 20% of the total amount. It’s part of the Business Finance Partnership programme* and you can read more about this programme here.

Loans up to £1 million available

Funding Circle offers loans of up to £1 million, repayable over 1, 3 or 5 years. These loans are available to established, creditworthy businesses that meet this criteria as a minimum:

  • Limited company / LLP status
  • 2 years+ filed accounts with Companies House
  • £100k minimum turnover
  • A good credit history
  • UK resident Director
  • No county court judgements over £250

How it works

Borrowing through Funding Circle is fast, simple and best of all, paperwork is avoided wherever possible:

  1. Apply online
    Complete a short, 4-step application online and email us your up-to-date accounts.

  1. Get approved
    Our credit team will give you a decision in 2 working days.

  1. Investors fund your loan
    Your loan request is listed as an auction and thousands of people place bids to lend to you. Only the lowest rate bids become part of the loan.

  1. Get your finance
    We pay your loan the same day we receive your signed documents.

  1. Pay back monthly
    You make one simple monthly repayment. We distribute this back to the investors who lent to you.

Find out more

You can find out more about borrowing through Funding Circle and apply for a business loan on their website.

*These loans will be partially funded by the Department for Business, Innovation and Skills (BIS). The funding will be provided to each eligible business as a loan on equal terms with investors from the private sector. Neither BIS nor any other Government agency is involved with the operation or management of the loan.

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