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Funding Circle Limited Capital Markets - Online Terms

These Terms

It is important that you read this page. Your access to this website Funding Circle Capital Markets (this “Website”) is governed by the terms and conditions set out on this page (the “Terms”).

Please read these Terms carefully. If you agree to these Terms, please click “I accept” below. If you do not agree to these Terms, please click “I do not accept” below and refrain from using this Website.

Funding Circle can make changes to these Terms at any time and will post any amended Terms to the Website. If you continue to use the Website, you will be deemed to have accepted such amended Terms.

Details about Funding Circle

Funding Circle Limited is regulated by the Financial Conduct Authority (the “FCA”) of the United Kingdom under firm registration number 722513.

Registered office address: 71 Queen Victoria Street, London EC4V 4AY

Registered number: 06968588

Funding Circle is a private limited company incorporated and registered in England and Wales.

Section 21 of FSMA 2000

This Website is a “financial promotion” for the purposes of Section 21 of the UK Financial Services and Markets Act 2000 (“FSMA 2000”). The Website is issued by Funding Circle and directed in the UK only at persons to whom financial promotions can be made under the FSMA 2000 (Financial Promotion) Order 2005 (the “Order”) such as investment professionals and high net worth entities as defined in Articles 19 and 49 of the Order.

Other visitors

This Website is directed only at persons to whom this Website may lawfully be directed in a relevant jurisdiction. Access to this Website is not intended for persons resident in, or citizens of, any territory outside the United Kingdom (where to allow such access would require any registration, filing, application for any licence or approval or other steps to be taken by Funding Circle Limited in order to comply with local laws or other regulatory requirements in such overseas territory).

About this Website

This Website displays information about Funding Circle Limited’s capital markets business. Such information is provided for information purposes only and does not constitute an invitation, offer or solicitation to engage in any investment activity including to buy or sell any investment.

Funding Circle authorises you to view and download one copy of the information and materials from this Website for personal use. You may not, however, modify the materials on the Website in any way or reproduce or publicly display, publish, perform, distribute, transmit or otherwise use them for any public or commercial purpose.

1. Selling Restrictions

The distribution of the information on this Website may be restricted by law in certain countries. This Website and the information on it are not addressed to any person resident in the territory of any country or jurisdiction where such distribution would be contrary to local law or regulation. Funding Circle disclaims all responsibility if you access or download any information from this Website in breach of any law or regulation in the country of which you are a citizen or in which you are residing or domiciled.

2. No Advice

The information on this Website is provided for information only and does not constitute, and should not be construed as, investment advice or a recommendation to buy, sell or otherwise transact in any investment.

The information on this Website is provided solely on the basis that you will make your own investment decisions and Funding Circle has not taken any account of your particular investment objectives or financial situation in preparing the information on this Website. In addition, nothing in this Website shall, or is intended to, constitute financial, legal, accounting or tax advice.

We strongly recommend that you seek professional investment advice before making any investment decisions.

3. Price information

Any prices provided on this Website are indicative only. Such prices or values may not reflect actual prices or values that would be available in the market at the time provided or at the time you may decide to purchase or sell an interest in a particular investment. Funding Circle accepts no responsibility for updating such price information.

4. Offering Documents

The terms of any investment in, for example, an investment fund or securitisation, are governed by the documents establishing such terms. In the event of any inconsistency between the information on this Website and the terms specified in, or established pursuant to, the documents establishing the terms of issue or contract, the terms so specified or determined shall prevail. An application for interests in any investments should only be made having fully and carefully read the relevant offering documents.

5. Information on this Website

While Funding Circle has taken reasonable care to ensure that the information contained on this Website is accurate, current and complete, the information on this Website is provided “as is”. Funding Circle makes no warranty, expressed or implied, regarding the accuracy, validity or completeness of the information on this Website and disclaims all other warranties, including implied warranties or conditions of merchantability and fitness for a particular purpose. You must conduct your own due diligence and investigations rather than relying on any of the information on this Website. Any person who acts upon, or changes his investment position in reliance on, the information contained on this Website does so entirely at his own risk.

Information posted on this Website is current only as at the date it is first posted and may no longer be true or complete when viewed by you. Funding Circle cannot guarantee that content will be accurate, complete and current at all times. To the extent that any information on this Website relates to a third party, such information has been provided by that third party and is the sole responsibility of such third party and Funding Circle accepts no liability for such information. All content on the Website is subject to modification from time to time without notice. Please contact Funding Circle for further information regarding the validity of any information contained on this Website.

If this Website contains any expression of opinion or forecast, such opinion or forecast is based on sources believed by Funding Circle to be reliable, but is not guaranteed or warranted as to its current validity, accuracy or completeness. Opinions expressed represent the opinions of Funding Circle at the date of publication only, reflecting prevailing market conditions and certain assumptions (which may not prove to be valid), are subject to change and should not be relied on by users of the Website.

6. Material Interests

Funding Circle, its affiliates and its or their directors, officers, employees or agents may have holdings in certain investments and may otherwise be interested in transactions related to those investments. Further details about the policies that Funding Circle has adopted in order to avoid or to manage such conflicts in a way that ensures fair treatment for Funding Circle’s clients are available from Funding Circle on request.

7. Linked Websites

Links to websites operated by third parties or affiliates are provided for information only and do not constitute any form of advice, endorsement or recommendation of such websites or the material on them. Funding Circle accepts no responsibility for information contained on any other websites that can be accessed by hypertext link from this Website or for these websites not being available at all times. Funding Circle has not reviewed, and will not review or update, such websites or information and any use that you make of such websites and information is at your own risk. Please note that when you click on any external site hypertext link you will leave this Website.

8. Liability

No warranty is given that the contents of this Website are compatible with all computer systems or browsers or that this Website shall be available on an uninterrupted basis. Funding Circle does not accept any liability for any damages or losses arising from changes or alterations made to this Website by unauthorised third parties.

Any transmission of information is entirely at your own risk and any material downloaded from this Website is downloaded at your own risk.

To the extent permitted by law, Funding Circle, its affiliates and its and their directors, officers, employees and agents expressly exclude all conditions, warranties, representations and other terms which might otherwise be implied by statute, common law or the law of equity. In no event will Funding Circle or any of its affiliates be liable to any person for any damages arising out of any use of, or inability to use, this Website or the information contained on it or on any other hyper-linked site including, without limitation, any lost profits, business interruption, loss of programs or data on your equipment or otherwise, even if Funding Circle is expressly advised of the possibility or likelihood of such damages. This does not affect Funding Circle’s liability for any loss or damage which cannot be excluded or limited under applicable law.

Nothing in these Terms is intended to exclude or restrict any duty or liability that Funding Circle has to its clients under the “regulatory system” in the United Kingdom (as such term is defined in the FCA Rules), under applicable local regulatory rules or which may not be excluded or restricted as a matter of applicable law.

If any provision of these Terms is deemed invalid, void or for any reason unenforceable, that part shall be deemed severable and shall not affect the validity and enforceability of any of the remainder of the Terms.

9. Access

Funding Circle reserves the right to suspend or withdraw access to any page(s) included on this Website without notice at any time and accepts no liability if, for any reason, these pages are unavailable at any time or for any period.

10. Compliance with Law and Regulation

When using this Website you must comply with all applicable local, national and international laws including those related to data privacy, international communications and exportation of technical or personal data. It may be illegal to download the information contained on this Website in certain countries and Funding Circle, its affiliates and its and their directors, officers, employees and agents disclaim all responsibility if you download any information from this Website in breach of any law or regulation of the country in which you reside.

11. Intellectual Property

Unless otherwise specified, Funding Circle is the owner or the licensee of all intellectual property rights in and to this Website, its content and the information, imagery and data published on it including but not limited to copyright and trademark rights (whether registered or unregistered). Those works are protected by copyright laws and treaties around the world. All such rights, save as expressly granted, are reserved.

No warranty or indemnity is given that the use of the Website, or any information or material taken or downloaded from the Website will not infringe the intellectual property rights of any third party.

Reproduction in any form of any part of the content, information, imagery or data from, or underlying, this Website, save for in strict compliance with these Terms, is prohibited without the prior written consent of Funding Circle. All such intellectual property rights shall continue to be held by Funding Circle or its licensors and no rights of any kind in such rights shall pass to you.

The information held on this Website is for your own personal use only. You may print off or download copies of, or extracts from, pages from this Website for your personal reference but you must not modify those copies or extracts in any way. Funding Circle (and any identified contributors), as the authors of material on this Website, must always be acknowledged.

Any unauthorised downloading, re-transmission or other copying or modification of any of the contents of the Website may be in breach of statutory or common law rights which could be the subject of legal action. Funding Circle disclaims all liability that may result from any unauthorised reproduction or use of the information on the Website.

All trademarks, service marks, company names or logos are the property of their respective holders. The display of any trade names or trademarks on the Website does not imply that any licence has been granted to any third party in respect of the same. Any use by you of these marks, names and/or logos may constitute an infringement of the holders’ rights.

12. Privacy and cookies

You agree that all personal information you provide to us via this Website may be collected, stored, processed and used in accordance with Funding Circle’s then current Privacy Policy.

These Terms should be read alongside and are in addition to the Privacy Policy and, by using this Website and any systems or services provided via the Website, you confirm that you have had a proper opportunity to read the Privacy Policy and agree to be bound by it. If you do not agree to the Privacy Policy, you must stop using this Website immediately.

If you use this Website, we may collect information about your computer (including, where available, your IP address, operating system and browser type) and your interaction with the Website, including for the purposes of marketplace administration and service improvement. See our Cookies Policy for more information.

13. Applicable Law

These Terms and any non-contractual obligations arising from or connected with them shall be governed by, and these Terms shall be construed in accordance with, the laws of England and Wales.

14. Jurisdiction

You agree that the English courts shall have exclusive jurisdiction in relation to any legal action or proceedings arising out of or in connection with these Terms (whether arising out of or in connection with contractual or non-contractual obligations) (“Proceedings”) and waive any objection to Proceedings in such courts on the grounds of venue or on the grounds that Proceedings have been brought in an inappropriate forum. You further agree that this paragraph operates for the benefit of Funding Circle and accordingly Funding Circle shall be entitled to take Proceedings in any other court or courts having jurisdiction.

15. Contact Us

If you have any enquiries in relation to this Website or the information on it, please contact Funding Circle at

Institutional investors funding the real economy

By investing through Funding Circle, institutional investors have provided access to finance for thousands of small businesses around the world

About us

We are the leading small business loans platform in the UK, US, Germany and the Netherlands

We connect businesses looking to borrow directly with investors who want to lend, facilitating business lending around the world. So far investors have financed the ambitions of over 118,000 businesses in the UK, US, Germany and the Netherlands.

Investors Lender of Record Borrowers Efficient access to finance

Combining rigorous credit assessment with the latest tech

Our platform gives institutional investors access to small business loans, an asset class historically the domain of commercial bank balance sheets. We leverage the latest technology to streamline processes, giving fast, efficient service to borrowers while retaining rigorous credit assessment practices. We believe it’s a better system for everyone.

How we deliver returns for our investors


Borrower Acquisition

Continued growth in facilitating business loans globally, enabled by data driven marketing and quality customer service.

Credit Assessment

Our experienced credit assessment team optimise market best practice with leading technology to provide risk based pricing on loans.


Loan Servicing

We manage all servicing, collections and recoveries on behalf of investors.

An overview of our products

  1. United Kingdom
  2. United States
  3. Germany
  4. Netherlands

United Kingdom

SME unsecured loan

Up to £500,000
6 Months – 5 Years

SME secured loan

£5,000 – £1 million
6 Months – 5 Years

For more information on UK performance visit our statistics page.

United States

SME secured loan

$25,000 – $500,000
6 months – 5 Years
4.99% – 24.99%


SME unsecured loan

€5,000 – €250,000
6 Months – 5 Years
3.79% – 19.9%


SME unsecured loan

€5,000 – €250,000
6 Months – 5 Years
3.79% – 19.9%

Our institutional investors include …


European Investment Bank

The European Investment Bank started lending through the Funding Circle platform in June 2016, with a £100m commitment to lend to UK SMEs. This landmark deal is the first time the EIB has lent through a direct lending platform, helping the European Commission with their stated goal of supporting the real economy via a non banking solution.

Read more

Small Business Origination Loan Trust 2016-1 DAC (SBOLT 2016-1)

Read more

Small Business Origination Loan Trust 2018-1 DAC (SBOLT 2018-1)

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Small Business Origination Loan Trust 2019-1 DAC (SBOLT 2019-1)

For investor reporting, loan level data and cash-flow modelling relating to the Bank of England’s Discount Window Facility (DWF) requirements, details can be found at

Read more

Small Business Origination Loan Trust 2019-2 DAC (SBOLT 2019-2)

For investor reporting, loan level data and cash-flow modelling relating to the Bank of England’s Discount Window Facility (DWF) requirements, details can be found at

Read more

Get in touch with our capital markets team