August’s Lending Impact and Borrower Stories

August Investor Impact
In this month’s post, find out how your lending has helped businesses across the UK achieve their goals. First up, meet husband and wife team Peter Robinson and Tracy Pound who borrowed this month. Then we’re headed to the beautiful Exmoor National Park to meet adventure activities specialist the Channel Group and finally we’re enjoying the last of summer at Britain’s best beaches. Dive in below.

A great month for rebrand
Peter RobinsonThis month we had the pleasure of meeting Peter Robinson, who runs award-winning insurance broker business Prizm Solutions in Staffordshire. The business was formed in 2006 when Peter saw an opportunity to radically change the way insurance was transacted.

Today, they have countless recommendations of how they’ve helped clients with their insurance needs; from motor insurance, to liability insurance and employee benefits to name a few. Prizm has also been recognised by their peers, being shortlisted for Community Broker of the Year at the UK Broker Awards 2017.

During our conversation, Peter told us that his wife, Tracy Pound who runs IT training and consultancy specialist Maximity, has been shortlisted for Business Role Model of the Year in the Women in IT awards 2017. On behalf of the Funding Circle community we’d like to wish Peter and Tracy the best of luck in their upcoming awards!

You and other investors helped Prizm Solutions borrow over £150,000 this month to acquire another business and they’ll be increasing their team to 16 people.

August's success story
Jim Channel Training

Outdoor enthusiast goes for growth

The Channel Group was started in 2012, when Managing Director Jim Whittaker and his friend Darren quit their day jobs to found a business with a simple mission: to get more people out and about in the beautiful outdoors.

Five years on, Jim and his team now offer a diverse range of adventurous activities, outdoor education and personal development programmes on the edge of the beautiful Exmoor National Park. You and other investors helped the Channel Group keep up with high demand for their courses and progress with their growth plans.  In this short video meet Jim and hear his story.

Support local this August
Make the most of the final few weeks of summer and head to one of our Britain’s beautiful beaches. From stunning north-east Scotland to the Cornish coast, join our tour of six local businesses where you can go for a bite to eat, have a refreshing drink or stay the night in these top spots.

July’s Lending Impact and Borrower Stories

In case you missed it, here’s last month’s post, when we caught with our first ever borrower on the Isle of Alderney and met business owner Christine Johnson in Brighton to find out how investors, like you, have helped take her business to the next level.

Up next

At the beginning of September, we’ll be publishing ‘Your September Review – Insight and Analysis’ which will focus on the numbers and include some helpful tips to help you make the most of your investment.

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.

Enjoy lending, the Funding Circle team

Rob McCorquodale