Your Funding Circle Guide to Christmas 2016 – Pt 4

Another Christmas has come and gone, and we’ve all had a great time seeing family and friends, singing carols, and eating our body weight in turkey and chocolates. The big day may now be over, but we hope you’re still very much in the holiday mood. In our guide so far we’ve already looked at ideas for presents, Christmas supplies, and stocking fillers. Now for the final part we’re showcasing ideas from our marketplace for amazing things to do over the rest of the holiday season.

Christmas activities

Wookey Caves & Winter Wonderland

Are you looking for a seasonal spectacular to cap off your holidays? Alongside their world famous caves, at Wookey Hole in Somerset you can pay Santa a visit at their Winter Wonderland. With live reindeer, a Christmas Circus show, and a 4D theatre, you can really have a trip to remember. To open up new caves and help with working capital, Wookey Caves borrowed £260,000 in 2015.

Butterfly Jungle Experience

Leave winter behind with a trip to The Butterfly Jungle Experience at Hall Place in Kent. You can walk among the free flying butterflies and exotic flowers in this slice of rainforest, learning about their lifecycle and observing them at their special feeding stations. With hundreds of butterflies to see, this is a experience to remember for all the family. To expand into new premises, Butterfly Jungles borrowed £50,000 from Funding Circle in 2016.

Xtreme Karting

If you’re after a more high octane day out, then Xtreme Karting could be the one for you. Based in Edinburgh and Falkirk, they offer both junior and adult karting as well as simulated combat experiences, so there’s plenty of adrenaline pumping action to wake you up from your food coma! Xtreme Karting used Funding Circle to help grow their business.

Kidz About Play Park

If the kids are getting restless and you’ve gone through all your favourite Disney films four times already, why not take them out to Kidz About Play Park in Swindon? They can play on the giant play frame and bouncy castle assault course, plus there’s a separate section for babies and toddlers. Kidz About borrowed £95,000 over two loans to invest in a new adventure golf course.

Are you interested in lending to businesses like these?

Lend alongside 55,000 investors and support small businesses across the UK by signing up online today.

You can use our investor information guide to help you get started and there are thousands of loans which you can be a part of, making it quick and easy to build a diversified portfolio. Remember, by lending to businesses your capital is at risk.

Looking to expand your business?

We’ve helped more than 19,000 businesses access finance for a range of finance needs, including hiring staff, opening new shops and working capital. Get your instant quote today.

Enjoy lending. The Funding Circle team

Your last minute stocking fillers sorted | Weekly Lending Review

Week 50: 12 – 16 December

In the run up to December 25th we’ve been showcasing presents, food, drinks and decorations from Funding Circle borrowers. This week we’ve put together a list of last minute stocking fillers to help make your Christmas extra special.

This will be the last weekly lending review of 2016: we’ll be back in touch in the week commencing 3rd January. We hope you all have a nice break!

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 £25,184,678, averaging at £76,895 per loan. The largest loan value was £555,240 and the smallest loan value was £5,100.

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 50 - yield

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

Number of listed loans per week

 WLR 50 loans listed

Listed loan value per week

 WLR 50 loan value

Total amount lent

 WLR 50 amount lent

Loan parts available to buy from other investors

 WLR 50 loan parts

Loans defaulted last week

Meat wholesaler. Loan 25031. Risk band B

This London business was established in 2012 and a petition has been registered.

Plant hire. Loan 4157. Risk band A+

This Ayrshire business has been running since 2006 and has been placed into liquidation.

Car showroom. Loan 8016. Risk band D

This South Yorkshire business was established in 2002 and is three months in arrears.

Pub. Loan 10516. Risk band D

This Cheshire business has been running since 2015 and is four months in arrears.

Builders. Loan 8610. Risk band D

This Somerset business was established in 2009 and has ceased trading.

Care Home. Loan 2380. Risk band A

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

Management consultants. Loan 4244. Risk band B

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

Pet shop. Loan 7932. Risk band D

This West Midlands business was established in 1995 and has become unresponsive after missing repayments.

Designers. Loan 17753. Risk band E

This Somerset business has been running since 2003 and is three months in arrears.

Skip hire. Loan 12628. Risk band C

This North Wales business is three months in arrears.

Machinery suppliers. Loan 7257. Risk band C

This South Yorkshire business was established in 2010 and are three months in arrears.

Property developers. Loan 25075. Risk band A+

This Lancashire business was established in 2010 and has become unresponsive after missing repayments.

Construction company. Loan 26857. Risk band D

This Monmouthshire business was established in 2013 and has ceased trading.

Property maintenance contractor. Loan 20845. Risk band D

This Monmouthshire business was established in 2013 and has ceased trading.

Restaurant. Loan 5742. Risk band D

This Cheshire business was established in 2010 and has been dissolved.

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

Your Funding Circle Guide to Christmas 2016 – Pt 3

A quick look at the advent calendar tells us that the main event is now only days away — where did December go?? Hopefully you’ve been getting stuck into the mince pies and mulled wine, and have already sorted everything for your Christmas holiday. We’ve been helping out with suggestions for presents as well as food, drink and decorations, but if you’ve still got some shopping left to do, this week we’ll be sharing some great ideas from our marketplace for last minute stocking fillers.

Christmas stocking fillers

Psychobabel & Skoob Books

We all have at least one friend who loves to read, the one who’s already read every suggestion you’ve ever given them. Now you can surprise them with one of the rare books from Psychobabel & Skoob. They have over 110,000 rare, used, and out of print books in their London store and available online, so you can find a truly unique gift this Christmas. Psychobabel & Skoob borrowed £25,000 from Funding Circle to improve their warehouse facilities and online ordering.

Crocodile Toy Shop

Whether it’s Lego, a magic set, or your new favourite stuffed penguin, opening up new toys on Christmas morning is guaranteed to put a smile on your face. Cirencester’s Crocodile Toy Shop has been supporting play times for over 30 years, and they could help you find that missing piece for the stocking this Christmas. To help improve stock levels, Crocodile Toy Shop has borrowed £150,000 over two loans from Funding Circle.

Nothing But Tea

Coming in from the cold to a warming brew is one of winter’s great pleasures, so why not up your game with a delightful box of loose leaf tea from Nothing But Tea? The family-run tea shop have a wealth of experience in tea and stock over 200 different types! We’d recommend their Dessert Tea Collection, which includes a Rooibos Creme Brulee, Pear Marzipan Tart and a Honeybush Chocolate Cake tea. To increase stock levels to ensure prompt service, Nothing But Tea borrowed £10,000 in February 2011.

Farm & Pet Place

Is your cat lord of the household? Do you love your dog more than your in-laws? If so, you need to make sure they don’t miss out this Christmas. Farm & Pet Place have a huge range of pet toys and treats, as well as equine, agriculture and garden ware, so you can give your animals some extra love this year. Farm & Pet Place borrowed £215,000 to refurbish their flagship store in Abergele.

Swagger & Swoon

Do you know a man who prides himself on looking sharp? Whether he’d love something for his carefully sculpted beard or his ever growing range of dashing cravats, Swagger & Swoon can help you out. They’ve been supplying high quality men’s accessories and grooming products for 12 years, and are taking online Christmas orders up until 22nd December! To expand their product range and improve their online experience, Swagger & Swoon borrowed £10,000 from Funding Circle in 2016.

That’s all for this week. Next up on our guide we’ll be showcasing ideas for great things to do over the Christmas holiday.

Are you interested in lending to businesses like these?

Lend alongside 55,000 investors and support small businesses across the UK by signing up online today.

You can use our investor information guide to help you get started and there are thousands of loans which you can be a part of, making it quick and easy to build a diversified portfolio. Remember, by lending to businesses your capital is at risk.

Looking to expand your business?

We’ve helped more than 19,000 businesses access finance for a range of finance needs, including hiring staff, opening new shops and working capital. Get your instant quote today.

Enjoy lending. The Funding Circle team

Highlights from 2016

As the new year approaches, we wanted to take a moment to share with you some of our highlights from an incredible 2016.

Together, you have now helped over 24,000 businesses access nearly £2.4 billion across the UK, US, Germany, Spain and the Netherlands. In the UK alone, you have lent £725 million to over 8,000 businesses in 2016.

We have connected with our colleagues from across the US and Europe to bring you this short video. You’ll be able to hear from members of the team, their personal highlights and some of the borrowers you may have lent to.

 

From everyone at Funding Circle, we would like to wish you a merry Christmas and a happy New Year, and thank you for helping to build a better financial world.

Enjoy lending,

The Funding Circle team

Last chance to win £1,000 | Weekly Lending Review

Week 49: 5 – 9 December

Do you know a local business hero? Help them celebrate the festive season in style by entering our photo competition to win £1,000 or get ready for the big day with our Christmas essentials guide 2016.

New loans available to you

There are currently 27 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 £25,476,703, averaging at £67,347 per loan. The largest loan value was £555,240 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 49 yield

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

Number of listed loans per week

WLR 49 loans listed

Listed loan value per week

WLR 49 loan value

Total amount lent

WLR 49 amount lent

Loan parts available to buy from other investors

WLR 49 loan parts

Loans defaulted last week

Manufacturer. Loan 8118. Risk band C

This Sheffield based business has been running since 2011 and has had cashflow issues.

Printers. Loan 5514. Risk band B

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

Restaurant. Loan 2045. Risk band C

This Sussex based business was established in 2001 and has been placed into liquidation.

Facilities management. Loan 23011. Risk band E

This Lancashire based business was established in 2003 and has proposed a company voluntary arrangement.

Construction company. Loan 16957. Risk band D

This London business was established in 2011 and is 3 months in arrears.

Solicitors. Loan 24242. Risk band A+

This Hampshire business was established in 2016 and has been placed into administration.

Restaurant. Loan 16207. Risk band B

This County Down business has been running since 2010 and has proposed a company voluntary arrangement.

School transportation. Loan 10744.  Risk band C

This London business was established in 2006 and has ceased trading.

Smart home specialist. Loan 14049. Risk band B

This Hertfordshire based business was established in 2004 and has been 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

 

Your Funding Circle Guide to Christmas 2016 – Pt 2

Are you in the festive spirit yet? Have your tree up and presents sorted? What about food and drink for the family feast? If there’s still a few things left on your checklist then never fear, our guide to Christmas 2016 will give you everything you need for a truly unique holiday this year.

Christmas cookies

Last week we showcased some of the best present ideas from our marketplace. For part 2 we’re looking at your essential Christmas supplies, covering food, drink, and decorations.

Cable & Cotton

Want to take your Christmas lights to the next level? Cable and Cotton let you personalise their beautiful hand-made lights. They have 49 colours to choose from, so you can create something unique for your home or office (Funding Circle purple sadly not available). To fund stock levels and expansion into Scandinavia, Cable and Cotton borrowed £50,000 back in 2012.

Crackers Ltd

Officially the funnest way to scatter small toys and paper hats across a dinner table, no Christmas would be complete without a set of Christmas crackers. Crackers Ltd hand fill their crackers with gifts for all the family, providing a more unusual selection than mass-produced alternatives. To improve stock levels and manage cashflow across different seasons, Crackers Ltd borrowed £40,000 in 2014.

Dopson Butchers

Stuffing yourself silly is top of everyone’s Christmas list, and if you’re after some beautiful cuts of meat and poultry then Berkshire-based Dopson Butchers will have what you’re looking for. They use locally sourced, high quality produce, adding cheese and condiments to their raw meats range. You can get your turkey in store or even order it online — just make sure you order in time! Dopson Butchers borrowed £10,000 from Funding Circle to help with working capital.

Ashridge Cider

If you’re after something slightly different to compliment your seasonal drinks cabinet, then why not try Ashridge Cider? They’ve created a Mulled & Spicy Artisan Cider especially for winter, and their Sparkling Vintage Brut Cider was featured on the Daily Telegraph’s ‘50 Foods to Try Before you Die’ list! In order to invest in a new cider mill and press to keep up with growing demand, Ashridge Cider borrowed £76,000 from Funding Circle.

Leeds Brewery

Pick up a selection of delicious ales from Leeds Brewery, including our Christmas favourite Gingerbread Stout. Founded by two university friends, Leeds Brewery first opened its doors in 2007 and has since become the largest brewery in the city. They’ve borrowed over £240,000 over 3 loans from Funding Circle since 2015.

That’s all for this week. Next up on our guide we’ll be showcasing ideas for some last minute stocking fillers.

Are you interested in lending to businesses like these?

Lend alongside 55,000 investors and support small businesses across the UK by signing up online today.

You can use our investor information guide to help you get started and there are thousands of loans which you can be a part of, making it quick and easy to build a diversified portfolio. Remember, by lending to businesses your capital is at risk.

Looking to expand your business?

We’ve helped more than 17,000 businesses access finance for a range of finance needs, including hiring staff, opening new shops and working capital. Get your instant quote today.

Enjoy lending. The Funding Circle team

Industry insights: 90 seconds with an expert

No one knows more about the day to day running of a business than the Funding Circle borrower community, so each month we ask an industry expert to share their expertise.

Industry insights (3) The pet industry

Recently we spoke to Helen from Glogg, to hear her thoughts on designing and manufacturing a range of drinkware products. This month we caught up with Candy, founder and owner of Suffolk Canine Creche, to hear her advice for growing a business in the pet industry. Since 2014, Candy has borrowed £84,000 from 644 investors through Funding Circle.

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Find out more about Candy’s award-winning canine creche with this short video.

Candy opened Suffolk Canine Creche in 2011 and the business has been hugely successful, winning Pet Service Business of the Year at the National Pet Industry Federation Awards 2015 and employing 22 members of staff. Candy also featured in the Telegraph’s business column, which discussed the rise of pet hotels and specialist nutrition for our furry friends.

Watch our short video to find out more about the pet industry

Candy’s three insights for managing a canine creche are:

  • Using real photography in your marketing is one of the best ways to differentiate your business
  • To provide a premium care experience, make sure you don’t underestimate how many people you need
  • The pet industry is not heavily regulated yet, so it’s important to set high standards

Are you looking to grow your business?

19,000 UK businesses like Suffolk Canine Creche have accessed finance with Funding Circle, helping with cash flow, refurbishment, hiring staff and much more. Get your instant quote and start growing your business today!

Collaboration for innovation – November industry news

newspapers-copy

NatWest strikes deals to pass on unwanted business

November saw the national roll out of Funding Circle’s referral partnership with NatWest, which means hundreds more small businesses will be able to access finance, giving you even more lending opportunities. By working together in the best interest of customers, we can help businesses receive fast, flexible finance which in turn helps the economy to grow.

EIGHT years to buy a turkey – how to fight back against the banks stuffing savers

How long would it take you to save up for a turkey using only the interest earned on £1,000 in a high street bank account? Ahead of Christmas, research found it could take up to eight years following the Bank of England’s reduction in the base rate earlier this year. Whilst lending through platforms like Funding Circle is an investment, not a savings product, this piece explores a range of other ways to help you make your money work harder. Remember, capital is at risk and your investment can go down as well as up.

Rates are at record lows, but these deals offer the chance to bag up to £1million

Despite the current low interest rate environment, this Mail on Sunday piece highlights a range of bonds and other financial products that offer monthly prizes to some lucky customers. You can also check out a number of other ways to make the most of your money including helping the younger generation onto the property ladder and investments like peer-to-peer lending.

P2P lender Zopa applies for UK banking licence

Big news from fellow consumer peer-to-peer lending platform Zopa this month, as they announced they have applied for a banking licence in order to be able to offer borrowers a wider range of products. Whilst we have no plans to do the same, the process which could take anywhere between 18 and 24 months, is certainly one to watch.

London holds EU startup top spot

Britain’s FinTech sector featured on the front page of City AM after innovation foundation Nesta and the European Digital Forum’s city index confirmed that London still ranks as the best city in the European Union for digital entrepreneurs! Britain has held on to this high accolade thanks to good access to finance, an entrepreneurial culture and a highly skilled workforce. Chris Haley of Nesta references Funding Circle and Deliveroo as examples of great digital businesses that started in the UK.

Europe’s start-up backer — Neil Rimer, founder, Index Ventures

And finally, renowned venture capitalist and Funding Circle board member, Neil Rimer, featured in the FT this month. Neil is an expert in startups with a passion for tech and the interview dives into his journey to the top. We learn more about his views on finding and supporting some of the world’s best new businesses. Funding Circle’s co-founder and CEO Samir Desai said of Neil: “in the early days he was a mentor, but he has become a strategic soundboard for new ideas.”

News

FCA publishes interim feedback following post-implementation review

In July, the Financial Conduct Authority (FCA) launched their post-implementation review of the crowdfunding industry, which is how lending platforms like Funding Circle are regulated. Following this, the FCA have today published their interim feedback on how the review is progressing. You can find out more by reading this statement from the FCA.

We welcome the FCA’s review and fully support the focus on investor protection and disclosure. At Funding Circle, we publish performance data on every single loan. You can download this and look at other marketplace data on our statistics page.

We will continue to work closely with the FCA over the next year as they complete their review. We will be able to launch the Funding Circle ISA once we have received full authorisation from the FCA, and we will let you know when we have an update from the regulator on this.

If you have any questions please get in touch.

Enjoy lending,

The Funding Circle team

News

Competition: Win £1,000 towards your Christmas party!

Christmas is upon us, which means it’s time to celebrate another fantastic year with your colleagues, friends and family. At Funding Circle we’re big believers in celebrating your team’s achievements. So, to help you look back on 2016 in style, we’re running a competition to win £1,000 for your Christmas party!

win-mas-party

Entering is easy, just get in touch with us on Twitter, Facebook or Instagram and tell us why your team should win, using the hashtag #MyTeamWinsXmas. We’ll pick a winner on Monday 19th December 2016.

The competition is open to all businesses across the UK, so enter now for a chance to treat your staff and colleagues to an extra special Christmas this year.

How to enter

 

1. Write down why your team should win, using the hashtag #MyTeamWinsXmas in your post. If you can, attach a picture of your team to your post. 

2. Decide where to share your post. Tweet it to @FundingCircleUK, share a post on our Facebook timeline, or tag fundingcircleuk on Instagram.

3. Ask your customers, friends and family to share and like your post.

Remember to post from your company’s social account! We will pick a winner on Monday 19th December 2016 (updated).

Give yourself the best chance of winning

The winner will be chosen by Funding Circle and our judges will consider your reason, your photo and how many people engage with your post.

Terms & conditions for the Funding Circle Christmas Promotion apply. 

Thousands of businesses for you to lend to | Weekly Lending Review

Week 48: 28 November – 2 December

Last week, you and other investors lent £31 million to over 400 UK businesses, and there are thousands of loan parts available for you to buy today. Transfer funds into your account and start lending to businesses today.

New loans available to you

There are currently 14 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 £21,963,940, averaging at £74,220 per loan. The largest loan value was £473,540 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 48 yield

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

Number of listed loans per week

WLR 48 loans listed

Listed loan value per week

WLR 48 loan value

Total amount lent

WLR 48 Amount lent

Loan parts available to buy from other investors

WLR 48 loan parts

News you should know

There’s just a few days left to vote in Altfi’s 2016 People’s Choice Award. It only takes a couple of minutes and we’d really appreciate your vote!

Loans defaulted last week

Events company. Loan 12538. Risk band A

This Sussex business has been running since 2003 and was placed into insolvent liquidation in February.

Supply chain management. Loan 12841. Risk band D

This Lancashire business was established in 2010 and is being placed into insolvent liquidation.

Aluminium specialist. Loan 8846. Risk band B

This West Sussex business has been running since 2010 and is being placed into insolvent liquidation.

Engineers. Loan 17288. Risk band C

This West Midlands business was established in 1992 and is being placed into insolvent liquidation.

Car specialist. Loan 20245. Risk band D

This Middlesex business has been running since 2007 and is being placed into insolvent liquidation.

Restaurant. Loan 3594. Risk band B

This Lancashire business was established in 2001 and is 3 months in arrears.

Luxury fashion house. Loan 19252. Risk band A

This London business has been running since 2005 and was placed into insolvent liquidation in November.

Management consultancy. Loan 3890. Risk band D

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

Gas and electrical specialists. Loan 24435. Risk band E

This Yorkshire business has been running since 2013 and has become unresponsive after missing repayments.

Graphic designers. Loan 25077. Risk band A

This Gloucestershire business was established in 2001 and is being placed into insolvent liquidation.

Restaurant. Loan 20753. Risk band D

This Bristol business has been running since 2007 and is being placed into insolvent liquidation.

Meat supplier. Loan 15355. Risk band C

This Oxfordshire business was established in 2010 and is being placed into insolvent liquidation.

Marketing agency. Loan 8765. Risk band A

This Hampshire business has been running since 2010 and has requested voluntary dissolution.

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

Your Funding Circle Guide To Christmas 2016

Everyone loves Christmas. Whether you’re celebrating with friends, family, or colleagues, we all look forward to the festive fun. Even Clive, the office grinch, is secretly waiting to put on his paper crown and start telling some jokes. The only downside is there’s a lot to organise. That’s where we come in.

christmas lanterns

Over the next few weeks our guide will give you everything you need for a cracking Christmas. We’ll be bringing you unique ideas from our marketplace, covering stocking fillers, decorations, food and drink, and things to do over the holidays. Not only will they help 2016 be a Christmas to remember, you’ll be supporting local businesses from across the country.

First up, it’s presents. Here are a some of our recommendations for gifts this year.

The Cashmere Centre

The Cashmere Centre have an amazing range of high quality products, from cardigans and jumpers to socks and scarves. All made from the finest Grade Mongolian cashmere, they’re the perfect cosy gift for Christmas. In order to increase stock and improve their online presence, The Cashmere Centre borrowed £40,000 from 507 investors back in 2010.

Rattle & Drum

Know any aspiring musicians, or perhaps someone looking to make the leap from guitar hero legend to a bona fide pro? Rattle & Drum have been kitting out wannabe rockers since the 90s, adding a wide variety of instruments and equipment to their core drums and percussion range. To open an in-house teaching facility and increase cash flow, they’ve borrowed £125,000 over several loans since 2013. They now teach over 400 children a week from their shop in Derby.

Brag Vintage

Brag Vintage are a Sheffield based company dedicated to retro clothing for men and women. They compliment their extensive denim range with hand picked shirts, jumpers, and dresses, and they’ll help save some money for mince pies with free delivery on all UK orders! Brag have borrowed £80,000 from Funding Circle over two loans since 2015, moving to a larger warehouse to increase the range and quantity of their stock as they continue to grow.

Countryside Ski & Climb

Have an adventurous friend? Countryside Ski & Climb specialise in outdoor equipment, so there’s no better place to look for ski jackets, rucksacks, or outdoor and climbing apparel. To update their website and improve their customer experience, Countryside Ski & Climb accessed £20,000 from 172 investors in 2011.

RC Geeks

Christmas morning wouldn’t be complete without some new gadgets to play with, and RC Geeks have the gear to appeal to kids of all ages. Create some serious excitement with a quadcopter or a self-assembly remote control car, with plenty of accessories to add on too. RC Geeks borrowed to increase their product range and grow their business further.

Next week we’ll be taking a look at your essential Christmas supplies, covering food, drink, and decorations.

Are you interested in lending to businesses like these?

Lend alongside 55,000 investors and support small businesses across the UK by signing up online today.

You can use our investor information guide to help you get started and there are thousands of loans which you can be a part of, making it quick and easy to build a diversified portfolio. Remember, by lending to businesses your capital is at risk.

Looking to expand your business?

We’ve helped more than 17,000 businesses access finance for a range of finance needs, including hiring staff, opening new shops and working capital. Get your instant quote today.

Enjoy lending. The Funding Circle team

What a month! | Weekly Lending Review

Week 47: 21 – 25 November

You and other investors lent a sensational £112.9 million to more than 1,500 UK businesses in November. Reaching £100 million lent in one month is a huge milestone for the Funding Circle community as we strive to help even more small businesses access simple and affordable finance. Thank you for your continued support.

New loans available to you

There are currently 12 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 also a record-breaking £28,019,800, averaging at £76,053 per loan. The largest loan value was £511,680 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 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 47 yield

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

Loans defaulted last week

Agricultural merchant. Loan 5637. Risk band B

This County Down business was established in 2006 and has been placed into insolvent liquidation.

Film producers. Loan 9841. Risk band B

This Somerset business has been running since 2012 and has become unresponsive after missing repayments.

Caterers. Loan 13262. Risk band C

This London business was established in 2011 and is 3 months in arrears.

Electrical contractors. Loan 9529. Risk band D

This Tyne and Wear business is 3 months in arrears.

Advertising suppliers. Loan 16172. Risk band B

This London business has been running since 2004 and is 2 months in arrears.

Technology specialist. Loan 10627. Risk band A

This London business was established in 2007 and is 3 months in arrears.

Lighting specialist. Loan 20701. Risk band E

This Hertfordshire business has been running since 1995 and was placed into administration in October 2016.

Consultancy. Loan 24571. Risk band A

This Middlesex business was established in 2011 and requested voluntary dissolution in September 2016.

Hauliers. Loan 8295. Risk band C

This West Midlands business has been running since 2005 and is 3 months in arrears.

Electrics supplier. Loan 21715. Risk band A

This West Glamorgan business has was established in 2007 and is being placed into insolvent liquidation.

Coffee shop. Loan 21918. Risk band A

This Hertfordshire business has been running since 2001 and has proposed a Company Voluntary Arrangement.

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