ISA’s at Funding Circle – coming soon | Weekly Lending Review

Last week, you and other investors lent £13.6 million to 207 businesses across the UK, and we’re gearing up for the launch of the marketplace lending ISA. You can read more about what the new ISA means for Funding Circle investors on the blog.

For the latest ISA news from Funding Circle, click here.

New loans available to you

There are currently 38 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 £19,903,800 averaging at £65,892 per loan. The largest loan value was £554,680 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: 1-Feb represents the week of 1st – 5th February.

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 6-16 yield

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

Number of listed loans per week

WLR 6-16 loans listed

Listed loan value per week

WLR 6-16 loan value

Total amount lent

WLR 6-16 amount lent

Loan parts available to buy from other investors

WLR 6-16 loan parts

Support local this Valentine’s Day

Whether you’re looking for a relaxing weekend away or exquisite flowers, we’ve prepared a selection of marketplace gift ideas to help you spoil that someone special this Valentine’s Day. You can show your support for small businesses across the country.

Loans defaulted last week

Hotel. Loan 11163. Risk band B

This Perthshire business was established in 2005 and is closing down.

Furniture manufacturer. Loan 1088. Risk band B

This Leicestershire business has been running since 1987 and has been placed into administration.

Dental appliance manufacturer. Loan 7001. Risk band B

This Hampshire business was established in 2006 and has breached their loan contract.

Foster care specialist. Loan 1863. Risk band A

This Kent business has been running since 2004 and is three months in arrears.

Car showroom. Loan 2026. Risk band B

This Lancashire business was established in 2005 and is three months in arrears

ICT specialist. Loan 10248. Risk band D

This East Sussex business has been running since 1995 and is late in making repayments.

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 how our collections and recoveries process works (part one and part two) on our blog.

Enjoy lending, The Funding Circle Team


Rob McCorquodale