Small Business Loans

Small business loans are better from Funding Circle

• Low cost £5-100k small business loans

  Access affordable finance through our competitive online auctions.

• It's simple and fast

  Get listed within 2 working days and be listed for 14 days

• No early repayment fees

  We're nicer than the bank!

• Confidential

  Remain anonymous or disclose your identity to lenders to get lower interest rate offers

Our small business loans make our borrowers happy

“From our initial enquiry, we found the people at Funding Circle incredibly helpful and the overall process was very straightforward. You can follow your loan's progress online and by keeping the auction process open after your loan is fully funded, we reduced the overall interest rate to one that was even better than we originally expected. We are recommending this financing option to other small businesses due to the ease of process and the competitve interest rates!” Consulting company, London and the South East

Established SMEs can often find it a struggle to access small business loans particularly within the last few years. In addition to this, some of these companies are also facing an increase in charges or even the calling in of any existing small business loans or overdrafts. Small businesses are the backbone of our economy, accounting for around 60% of private sector jobs. Research shows that small businesses grow faster than big companies, which means that SMEs are creating more employment opportunities in the UK. To fully recover from the financial crisis small business loans must become more accessible to creditworthy companies. For many small businesses cashflow continues to be regarded as being one of the most important factors.

Despite the government’s efforts, banks are still very cautious when it comes to lending to small businesses. Even when some companies are able to receive loans, they are finding the fees and interest rates unfeasible. Banks are being criticized for their lack of transparency when it comes to fees for small business loans.

A Funding Circle loan is ideal if your small business would like to raise finance without losing equity in the company. Funding Circle is an online marketplace where businesses can borrower directly from real people; sidestepping the banks and therefore lowering the total cost of finance. The loans are unsecured loans for a 1 or 3 year period, but you can pay it back early at no extra cost. The whole application is completed online and takes just half an hour.

Related info: Small business grants | Small business finance | Small business funding | Loans for small businesses | Fast business loans