£2 billion lent and your new marketplace round-up coming soon | Weekly Lending Review
Week 7: 13 – 17 February
You and other investors have lent a fantastic £2 billion to more than 20,000 British businesses. That’s thousands of jobs created, homes built, and energy driven into the UK economy. Thank you for your continued support.
Your new marketplace round-up
Following our recent survey, we’ll be publishing a new and improved marketplace round-up next month. Coming in March, the new fortnightly blog will still contain all the information you like to read, but will have a refreshed look and some new features. As always, if you have any questions or comments our dedicated team are here to help. And if you have any further suggestions we’d love to hear them.
New loans available to you
Last week, the total value of new loans listed on the marketplace was £25,914,328, averaging at £71,704 per loan. The largest loan value was £490,000 and the smallest loan value was £5,150. There are also thousands of loan parts available for you to buy which will help you become diversified.
Business loans available to bid on:
- Solar shade specialist in Scotland needs £208,000 for working capital
- To expand, a Care Home in Worcestershire is looking for £103,500
- Swimming school in London requires £52,000 to open a new site
- To refurbish, a convenience store is looking for £262,500
How to make the most of your investment
To help you earn a more stable return and make the most of your investment at Funding Circle, spread your lending across hundreds of businesses so you’re only lending a small amount to each one. Watch our 90 second video below to find out more about diversification at Funding Circle.
Weekly marketplace trends
These graphs show the most recent activity on the marketplace. The number of loans, value of loans and amount lent are reported weekly.
Number of listed loans per week
Listed loan value per week
Total amount lent
Loan parts available to buy from other investors
Loans defaulted last week
Each week, we publish a list of the loans being defaulted on the Customer support section of our website under ‘Announcements.’ To see a breakdown of the loans defaulted last week simply click on loans defaulted 16th February 2017. For further information on why Funding Circle defaults loans you can read our FAQ here.
Our collection and recoveries team are working to recover the outstanding amounts and will provide updates in the loan comments section on your summary page. You can also read more about how our collections and recoveries process works (part one and part two) on our blog.
Enjoy lending, the Funding Circle team