Business finance for small businesses

Get business finance online and borrow up to £500,000 with nothing to pay for the first 12 months.

  • Nothing to pay for 12 months
  • No upfront or early settlement fees
  • Rates from 1.8%-7.4%
  • Decision typically in 24 hours
British Business Bank

Funding Circle is accredited by the Government-owned British Business Bank to provide loans under the Coronavirus Business Interruption Loan Scheme (CBILS). .

Take your business forward with business finance

Simple, affordable, business finance for small businesses. Get extra working capital, manage disruption, or expand your business with business finance from £50,001 to £500,000 under the Coronavirus Business Interruption Loan Scheme (CBILS).

There’s nothing to pay for 12 months, giving you some breathing space. The Government will also pay the upfront fee and first year of interest, helping to reduce the overall cost. Our business finance will help you manage the impact of coronavirus and take your business forward.

Benefits of small business finance

At Funding Circle, you can apply for business financing under the Government’s Coronavirus Business Interruption Loan Scheme (CBILS). You’ll have nothing to pay for 12 months, and the Government will pay the upfront fee and first year of interest on your behalf.

There’s also no fee for full early repayment, and no personal guarantee required up to £250,000.

Popular reasons to get business finance:
  • Improve cash flow
  • Manage uncertainty
  • Refinance existing debt
  • Invest in equipment
  • Launch a new product line
  • Fund marketing campaigns

90,000 businesses have financed their goals by borrowing £10 billion through Funding Circle.

£10 billion
Lent to businesses
The whole process was quick, easy and very, very painless. The extra funding will take the pressure off and ease day-to-day cash flow issues.
Fiona, January 2020

Andy Walker from Teasdale Motorcycles has borrowed £167,000 for over 4 different business loans, adding 10 new staff and tripling his turnover.

Frequently asked questions

Business finance, or business financing, is a range of financial products that are used to help with the running of a business. Business finance usually refers to a business accessing funds through a loan or other type of credit to support business needs, such as increasing working capital or buying an asset.

With Funding Circle you can borrow between £50,001 to £500,000 with small business finance. If you need to borrow more, we may be able to introduce you to some of our partners who can offer larger loans.

Business finance takes many forms and can support different business types or functions in a variety of ways. Some types of business finance include:

  • Working Capital
  • Peer To Peer Financing
  • Asset Finance
  • Invoice Financing
  • Equity Financing
  • Equipment Financing

You can get small business finance through Funding Circle with an interest rate between 1.8%-7.4% APR.

APR means annual percentage rate of charge. It includes the cost of both interest and fees that you’ll need to pay, making it easier to compare with other providers.

A personal guarantee is not required for business finance up to £250,000. A personal guarantee is required for business finance over £250,000.

You’ll get a decision on your small business finance typically within 24 hours.

You need to meet the following criteria to be eligible for business finance with Funding Circle.

  • Turnover of over £200,000
  • Minimum 3 years of trading history
  • Over 50% of turnover from trading activity (e.g. not from investments)
  • Loan is for business purposes
  • Loan is primarily for trading in the UK
  • Check if you are eligible for business finance

How to apply for business finance

It’s quick and easy to apply online and you’ll receive a fast decision to take your business forward.

  1. Check if you qualify in 30 seconds

    See if you’re eligible without affecting your credit score.

  2. Apply online in 10 minutes

    Tell us about you and your business with our simple application.

  3. Decision in 24 hours

    If approved, you’ll receive a no-obligation, personalised quote.

  4. Your loan is funded

    Once you accept, we run some final checks to process your loan and deposit the money straight into your account.

Apply now

Here to help if you need us

Our UK-based team are here to help throughout your loan. If you’re already a customer and have been impacted by Covid-19, please give us a call on our dedicated line.

Please note that due to an increase in call volumes, wait times are longer than usual. We appreciate your patience.

Loan enquiries

COVID-19 helpline 0203 966 1186

Business customer support email

Open Mon-Fri, 9am-6pm

Related resources

Learn more about your options for small business loans

Business loan calculator

Find out how much a loan could cost with our business loan calculator.

Learn more

Resource centre

Find guides, tips and more in our dedicated resource centre for small business owners.

Learn more

Business loans

Learn what you can borrow for, how to apply and how we’ll help you with a quick decision.

Learn more

How it works

See how our business loans work and how we can help you go further.

Learn more

Coronavirus loans

Get a government-backed small business loan to help with coronavirus.

Learn more

Secured or unsecured loans

Understand the difference between the two and find the right option for your business.

Learn more
Funding Circle was the first “marketplace lender” to join the UK’s Coronavirus Business Interruption Loan Scheme
The Financial Times, April 2020
The Economist
The Telegraph
BBC News
The Guardian
The Financial Times
City A.M.