Our rate prices have decreased – here’s what it means for brokers 

Good news for our broker community – we’ve made some improvements to our offering. Here’s a rundown of what’s changed, and what it means for you and your clients. 

What has changed?

The rate we’re offering for our A band customers is improving across the board, with the average being reduced by1%.

Our goal is to support your clients and find the best finance options for them, so we will work to offer personalised rates across our business loans.

What impact does this have on my customers?

We’ve been able to make this change due to the external markets stabilising, meaning your clients can benefit from a lower rate.

The updated rate change will not be visible to customers and, as usual it will be integrated into the normal application journey. 

This change will apply to all new applications from today. Please be aware that re-applying any deals already in flight may lead to an extra credit search which could affect your client’s credit rating. 

We review and update our rates regularly, and will keep you posted on any further changes. For now, if you have any questions, feel free to contact us on broker@fundingcircle.com and we’ll be happy to help.