Compared to other online lenders, Funding Circle borrowers can save 40% on the cost of their business loans.1 See how affordable your repayments could be using our business loan calculator.
Forget expensive credit cards, inflexible lines of credit, and lenders with daily repayment schedules and outrageous fees. There’s a better way with Funding Circle.
With a business term loan you can expand to a new location, hire staff, buy more inventory, and fund your next step – all on an affordable plan.
We’re transparent about our rates and fees, because we believe you have a right to know the true cost of your loan. See if Funding Circle is the right financing option for your business.Learn more
We provide flexible, fast, and affordable small business loans tailored to your business. By keeping our fee structure transparent and simple, you always know the true cost of how much a business loan is. At Funding Circle, we provide a consistent, monthly repayment schedule. When it comes to wondering how much is a small business loan, there are no surprises, no heavier upfront payments, and no confusing jargon.
Even the interest rates are affordable on a small business loan with Funding Circle: We have among the most competitive rates in the industry, with APR starting at 8.75%. In January 2020, we were recognized by Money Magazine as the “Best Small Business Loan with a Low APR”. Don’t just wonder how much a business loan is; get your personalized rate today and you could get a decision in as little as 24 hours with funds the next business day.
Funding Circle was created with a big idea: to revolutionize the outdated banking system and secure a better deal for small businesses. We passionately believe that when small businesses succeed, everyone benefits. To help your business thrive, we’ve taken the best parts of an SBA loan – like fixed and affordable once-monthly payments and no prepayment penalties – and created something faster and more flexible. From accountants and jewelers to bakers and filmmakers, we’ve helped thousands of businesses secure the financing they need to grow, create jobs, support local communities, and drive the economy forward.
We believe in transparency. We charge an origination fee on each loan we fund, ranging from 3.49% to 6.99%. There are no hidden fees or prepayment penalties with your Funding Circle business term loan, meaning your application and consultation with our dedicated loan specialists is absolutely free. If you change your mind, you can walk away obligation-free.
Once you have accepted a loan offer from Funding Circle, we do charge 5% on late payments. This amount covers our additional costs, including any bank processing fees, and the rest is passed on to our investors. If you think you might not be able to make a scheduled payment, please reach out to as as soon as possible at firstname.lastname@example.org. We will do our best to understand your situation and work with you on a solution.
Learn more about your options for small business loans & financing
We’re invested in helping women-owned businesses get affordable loans from $25K to $500K.Learn more
Discover loan options specifically designed for small businesses owned by minorities.Learn more
Learn why it might be worth consolidating your business debt into a single monthly payment.Learn more
Learn about different business financing options available for small business owners.Learn more
Browse through different types of acquisition loans and examine the pros and cons of each.Learn more
Learn about our short and long term loans with a decision in as little as 24 hours.Learn more
1 Rates may vary according to term and overall creditworthiness. To see what rate your business may qualify for, apply today at no obligation. This calculation is based on rates offered to some of our most creditworthy borrowers. Actual amount funded will be less than loan amount as we charge an origination fee which is deducted from the loan amount.2 If your business is organized as a general partnership, your credit score may be impacted.