Record-breaking week! | Weekly Lending Review

Week 47: 16 – 20 November 2015

Last week, a record-breaking £15.6 million was lent to 196 businesses across the UK through the Funding Circle marketplace, thanks to your lending.

There are a wide variety of opportunities on the marketplace for you to lend to, including a property developer building 9 new homes in London and a website development company looking to expand.

Record value of new lending opportunities

There are currently 27 loan requests on the marketplace, and thousands of loan parts available for you to buy.

The total value of new loans listed on the Funding Circle marketplace was £15,023,520 averaging at £79,675 per loan. The largest loan value was £400,000 and the smallest loan value was £5,000.

Business loans available to bid on:

Loan parts available for you to buy:

Your actual return may be higher or lower as by lending to businesses, your capital is at risk.

Weekly marketplace trends

These graphs show the most recent activity on the marketplace. The dates on the graph should be read as ‘week beginning’, for example: 16-Nov represents the week of 16th – 20th November 2015.

The average gross yield graph is reported weekly and shows a rolling two week average of gross yields. This calculation assumes you reinvest your interest each month and therefore includes the compound interest you earn (The calculation is AGY = (1 + (two week rolling weighted average rate/12))^12 – 1). You can view the latest gross interest rates accepted on the marketplace on our statistics page.

Weekly average gross yield (2 weeks rolling)

WLR 47 yield 2

Number of loans, value of loans and amount lent are reported weekly.

Number of listed loans per week

WLR 47 loans listed

Listed loan value per week

WLR 47 loan value

Total amount lent

WLR 47 amount lent

Loan parts available to buy from other investors

WLR 47 loan parts

News you should know

Improved loan comments view

We’ve improved the view for loan comments allowing you to show and hide recent information about your loans. Log back into your account to see them.

Loans defaulted last week

Property specialists. Loan 10463. Risk band D

This London business was established in 2006 and their loan has been defaulted to crystalise the liability of the guarantor.

Yarn manufacturer. Loan 4492. Risk band B

This Bradford business has been running since 2005 and has been placed in creditors’ voluntary liquidation.

Recruitment consultancy. Loan 6800. Risk band A

This Kent business was established in 2003 and is 3 months in arrears.

Water work management. Loan 2804. Risk band A+

This Birmingham business has been running since 1965 and has been placed into administration.

Online retailer. Loan 16507. Risk band A+

This County Armagh business was established in 2012 and has ceased trading.

Our collections and recoveries team are working to recover the outstanding amounts for all of these loans and they will provide you with updates in the loan comments section on your summary page. Read more about how our collections and recoveries process works on our blog.

Enjoy lending, The Funding Circle Team


Rob McCorquodale