Bid for your chance to secure 14.7%! Weekly Lending Review: week 49

Week 49: 2 – 8 December 2013

Over the past week and a half, investors have had rates of 14.5%, 14.4%, 14.7% and 13% accepted into loans in the A+, B, C and C- risk bands*.

It was also a busy week at Funding Circle with over 70 new businesses coming onto the marketplace. Of the 73 new borrowers, the majority needed business loans for expansion and the two sectors that provided the most activity on the marketplace were within the professional and property sectors.

New loans

There were 73 new business loans listed last week and there are currently 63 auctions on the marketplace.

The total value of the new listed loans was £4,169,600; that’s an average of £57,118 per loan. The largest loan value was £150,000 and the smallest loan value was £5,000.

Business loans still available for bidding on for the next 3 days or more:

Weekly marketplace trends

These graphs show the most recent activity on the marketplace. The average gross yield graph is reported weekly and shows a rolling two week average. Number of loans, value of loans and secondary market are reported weekly. The dates on the graph should be read as ‘week beginning’, for example: 2-Dec represents the week of 2nd – 8th December.

Weekly average gross yield (2 weeks rolling)


Number of listed loans per week


Listed loan value per week


News you should know

We’re really pleased to have qualified for the Future Fifty, a scheme developed by Tech City UK, to support high-growth businesses scale and reach their full potential.

Community Discussions

This week we’re talking about how autobid works. You can join the discussion on our community forum.

Loans defaulted last week

No loans were defaulted.

Enjoy lending, The Funding Circle Team

*Highest accepted bid rates for loans accepted in December, taken from the loan book available to download on the statistics page.


Jack Pritchett

Senior Communications Manager