Update on whole loans trial
At the start of May we announced that we will be trialing whole loans at Funding Circle. The trial has been successful with approximately £1.3 million lent to UK businesses as whole loans.
As a result of this success, we are continuing with the trial for another few weeks and planning an official roll-out to all investors, which we anticipate will take place within the next month.
As we get closer to the official launch, we’ll provide further information to all investors and include details about how whole loans will be presented on the marketplace.
The Funding Circle team.