Funding Circle

Taking a business loan through Funding Circle means you’ll be directly borrowing from real people in the UK. There’s a simple ‘auction’ process where thousands of investors compete with each other to lend you money, giving you the most competitive interest rate possible. After you accept a loan, you make one repayment each month which is collected by Funding Circle and distributed to all the lenders.

Step 1. Apply

Simply fill in our online application form in 20 minutes. One of our credit assessment team will give you an answer on your application within 2 days.

Step 2. Live loan auction

All successful loan requests are automatically uploaded to the marketplace
Registered Funding Circle investors will then start bidding amounts of money at competitive rates, with the lowest rates automatically becoming part of your loan.
Over time, the higher rates will get knocked out of the bidding process as more competitive bids are placed.

Step 3. Accept your loan

You can accept your loan as soon as it’s fully funded. Alternatively, you can keep it live on the marketplace for a maximum of 14 days, to see if the rate will come down any further as other investors bid.
If you've applied for an unsecured loan: once you've accepted your loan online we'll transfer the fund to your account on the same working day.
Or, for secured and large asset finance loans, we’ll set up the necessary agreements and arrange the funds to be paid to you (for a secured loan) or for asset finance, we’ll take care of payment to your supplier.