- Working capital loans up to £500k
- Nothing to pay for 12 months
- Borrow over 2 - 6 years
- Decision in as little as 5hrs
- No fees for full early repayment
Funding Circle is accredited by the Government-owned British Business Bank to provide loans under the Coronavirus Business Interruption Loan Scheme (CBILS). .
Business loans for working capital that are tailored to your needs
Working capital is the lifeblood of any business. Healthy cash flow allows you to pursue new opportunities and win more business. It saves you time, gives you greater peace of mind, and the breathing space to make the best long term decisions for your business.
A fixed term small business loan from Funding Circle can be used to provide your business with the working capital it needs to capitalise on opportunities, and help you move your business forward.
Seize your next opportunity with extra working capital
- Pay business expenses
- Access seasonal cash flow
- Cover a one-off cost
- Win a new contract
- Fulfill an order
- Grow your business
Quick and easy to apply
With our straightforward application process, you can get the working capital you need in just a few days.
Check if you qualify in 30 seconds
Then tell us about you and your business in our 10 minute form.
Get your personalised rate
Review your repayment options and pick the best for you.
Decision in as little as 5 hours
If approved, you’ll get an offer typically in as little as 5 hours
Your working capital loan arrives
Once accepted, you’ll have the money in your account in a few days.
Here to help if you need us
You’ll get a dedicated account manager you can speak to straight away. They’ll answer any questions and guide you through the process. Just call them directly.
Frequently asked questions
A working capital loan is a business loan that finances a business’s everyday expenses such as rent and bills. Working capital loans are used to cover short term expenses rather than long term investments.
To be eligible for a business loan for working capital from Funding Circle you need to meet the following criteria:
- 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
Our small business loan rates range from 1.8% to 7.4% APR.
Borrow from £50,001 up to £500,000 with a small business loan for working capital from Funding Circle.
Yes you can settle your loan early after the first four months of your loan term. There are no fees for full early repayment. If you repay your business loan after the first 12 months, you must pay the interest due until the next repayment date.
Please refer to this article for more details on how to pay back your small business loan early.
Typically, you will get a decision on your loan in as little as 5 hours. If your application is successful you should receive your loan within 7-14 days.
The Coronavirus Business Interruption Loan Scheme (CBILS) is managed by the British Business Bank on behalf of, and with the financial backing of the Secretary of State for Business, Energy and industrial Strategy (BEIS). Full details on CBILS eligibility criteria and the list of participating CBILS lenders can be found on the British Business Bank website.
Please note that, as with any other commercial transaction, the borrower is always responsible for the repayment of the full value of any facility supported by CBILS. The government-backed guarantee is to the lender and not the small business. Any queries about an active or historic EFG facility, including guarantee fee collection and alterations to their repayment profile should be raised with the lender, and not the British Business Bank.