Funding Circle is an online marketplace where people can directly lend to small businesses in the UK.
People lend small amounts to multiple creditworthy businesses to spread their risk. In turn, those businesses borrow from a multitude of people through an auction mechanism to get a lower interest rate.
Lenders are able to loan specifically to businesses in their community or businesses that meet certain criteria, such as being environmentally friendly.
Small businesses will initially be able to apply for unsecured loans of Â£5-50k. The businesses are checked for fraud and must meet a number of minimum credit requirements verified by the UKâ€™s leading credit agency. Experienced underwriters then further analyse and screen businesses before allowing them onto the Funding Circle platform.
EquityZen does not have an affiliation with, formal relationship with, or endorsement from the companies featured above.
These profiles are based on publicly available information and are intended to be informative in nature.
To learn more about whether you're eligible, typical investment size, company valuation, and share price, request access here.
Have a question or need support? We're here to help! Send us a quick message and we'll get right back to you.
Thanks you for your message - we'll contact you shortly.