The Ultimate Christmas Gift Guide and a record-breaking week | Weekly Lending Review

Week 48: 23 – 27 November 2015

Included in this week’s round-up: 208 businesses accessed a record-breaking £15.9 million through the Funding Circle marketplace last week thanks to you and other investors, and we’ve put together a list of marketplace gift ideas to help with your pre-Christmas prep.

New loans available to you

There are currently 33 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 £18,188,240 averaging at £76,755 per loan. The largest loan value was £450,000 and the smallest loan value was £5,000.

Business loans available to bid on:

Gross interest rates are before fees and bad debts. Your actual return may be higher or lower as 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: 23-Nov represents the week of 23rd – 27th 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)

Yield

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

Number of listed loans per week

Loans listed

Listed loan value per week

Loan value

Total amount lent

Amount lent

Loan parts available to buy from other investors

WLR 48 loan parts

News you should know

Funding Circle Gift Guide 2015

Over the next four weeks (and in four parts) we’ll be showcasing the best marketplace gift ideas for friends and family from Funding Circle borrowers. So, instead of heading to the high street for your presents, stocking fillers and Christmas Day fayre, why not support local businesses up and down the country and make your Christmas extra special this year. Read our Ultimate Christmas Gift Guide (part one) on the blog.

We’ll be showcasing each business on Funding Circle’s Twitter, LinkedIn, Facebook, Google+ and Instagram pages and would love for you to share the ones you like! #GiftGuide2015

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

Electrical contractors. Loan 7477. Risk band D

This Gwent business was established in 1994 and has been placed in creditors’ voluntary liquidation.

Partition wall specialists. Loan 5757. Risk band B

This County Durham business has been running since 2003 and is putting a payment proposal together.

Mobile phone reseller. Loan 5628. Risk band C

This Buckinghamshire business was established in 2008 and is late in its repayments.

Food importer. Loan 5371. Risk band B

This Surrey business has been running since 2010 and has been struggling to make repayments since September 2015.

Energy saving solutions. Loan 2529. Risk band B

This Neath Port Talbot business was established in 2010 and is late in its repayments.

Nursery. Loan 12452. Risk band D

This Lancashire business has been running since 2007 and has proposed nominal repayments for the next three months.

Garage. Loan 8028. Risk band B

This Shropshire business was established in 2014 and is proposing an individual voluntary arrangement.

Construction business. Loan 13634. Risk band B

This West Yorkshire business has been running since 2015 and has proposed an individual voluntary arrangement.

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

 

2 thoughts on “The Ultimate Christmas Gift Guide and a record-breaking week | Weekly Lending Review

  1. New loans frequently fill in first day or two. As most investors take 3 or 4 days to respond to questions then there is a bit of a problem if you have any queries.

  2. Are there more direct property loans as well as ‘property & construction’ loans now? That is certainly the impression I get from looking at loans over the past few days?

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