4 ghoulishly good Halloween ideas | Weekly Lending Review

Week 42: 17 – 21 October

Halloween is just round the corner: Whether you’re looking for petrifying pumpkins, spooky sweets or creepy costumes our list of  4 hauntingly good Halloween ideas from Funding Circle borrowers will ensure you have a ghoulishly good night.

New loans available to you

There are currently 10 loan requests on the marketplace, and thousands of loan parts available for you to buy which will help you become diversified.

The total value of new loans listed on the Funding Circle marketplace was £23,333,500, averaging at £79,004 per loan. The largest loan value was £500,000 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 by lending to businesses, your capital is at risk.

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 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 42 yield

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

Number of listed loans per week

WLR 42 loans listed

Listed loan value per week

WLR 42 loan value

Total amount lent

WLR 42 amount lent

Loan parts available to buy from other investors

WLR 42 loan parts

Loans defaulted last week

School. Loan 18036. Risk band A+

This London business has been running since 2005 and was placed into administration in October 2016.

Marketing agency. Loan 5128. Risk band C

This Norfolk business was established in 2010 and is 3 months in arrears.

Management consultancy. Loan 4244. Risk band B

This Lancashire business has been running since 2005 and is 4 months in arrears.

Planning consultancy. Loan 9273. Risk band B

This Yorkshire business was established in 2009 and is 3 months in arrears.

Marketing material supplier. Loan 422. Risk band C

This Northamptonshire business has been running since 2007 and is 4 months in arrears.

Car dealership. Loan 12612. Risk band C

This Wiltshire business is 4 months in arrears.

Fish & chip shop. Loan 21262. Risk band C

This Ayrshire business was established in 2012 and is 3 months in arrears.

Construction training provider. Loan 16533. Risk band C

This County Durham business has been running since 1997 and was placed into liquidation in October 2016.

Restaurant. Loan 4974. Risk band A

This West Midlands business was established in 2004 and was placed into liquidation in October 2016.

Printer. Loan 8202. Risk band C

This Nottinghamshire business has been running since 2002 and is being placed into liquidation.

Drum retailer. Loan 4085. Risk band B

This Tyne and Wear business was established in 2006 and is being placed into liquidation.

Benefits of diversification

Lending to businesses can deliver attractive returns, while helping businesses access the finance they need to grow. However, from time-to-time some businesses will be unable to repay their loan, which is why lending a small amount to lots of different businesses is so important. Watch our 90 second diversification video below to find out more.

Our collections and recoveries team are working to recover the outstanding amounts for all of the loans described above 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