The impact of our introducer community
2018 was another incredible year at Funding Circle. For our customers, investors and all our registered introducers. As the banks continued to shy away from SME lending, Funding Circle provided the necessary support that small business owners needed to prosper. Through our platform, we helped our customers unlock 72,000 jobs and contribute over £4 billion to the UK economy.
Our introducer community and the relationships we have with them played an integral part in this. 2018 was a record breaking year for the broker team. Our introducers managed to lend £385 million through the Funding Circle platform, with over 8,700 loans outstanding at the end of the year. However, the figures go much further than this. As a result of the hard work of our broker community, they managed to help boost the UK economy by £1.2 billion and generate £288 million in taxes.
What’s even more important is the effect this hard work has on real people. For every £1 million lent through the Funding Circle platform there are 37 new jobs unlocked. This means that in 2018 alone, our network of introducers helped to create and sustain 20,000 jobs in UK communities across the country.
This is something that all our introducers should be proud of. You have made a huge contribution to the UK economy, given employment to thousands and helped the UK taxpayer, all as a result of introducing business through our platform.
At Funding Circle we recognise the importance SMEs play in the economy but we also recognise the importance of introducer relationships in reaching these fantastic achievements. We will continue to need your help as we get closer to our mission of building a better financial world. So from all of us at Funding Circle, we want to say thank you.
Are you a looking for fast, affordable funding solution for your clients now?
Get in touch with our dedicated Introducer team at firstname.lastname@example.org or give them a call on 020 3667 2208.