Lending > Best Lending Platform
Funding Circle is the leading small business loans platform in the UK, US, Germany and the Netherlands, having facilitated over $10 billion in loans from 90,000+ investors to 72,000+ small businesses in less than a decade.
Funding Circle serves a unique niche within small business lending by offering loans up to $500K with longer terms (up to 5 years) and affordable rates (starting at 4.99% interest). By applying cutting-edge technology, proprietary credit models and sophisticated data analytics, businesses can get loans within a few business days – filling a gap left by banks and other online lenders. For a wide range of investors including individuals, multinational institutions and government, Funding Circle has opened up the small business asset class for the first time.
Funding Circle also leads the fight for transparency in small business lending. It is a co-author and signatory of the first US Small Business Borrowers’ Bill of Rights and helped establish self-regulatory bodies in both the US and UK. Funding Circle prioritizes transparency in its lending model. Its online application takes less than ten minutes to complete; a decision can be expected within 24 hours; and funds can be accessed within one business day. Whether funds are for inventory, new equipment or other areas of growth, no time is wasted for small business owners — the backbone of the American economy.
Funding Circle’s lending model fuels economic growth. Oxford Economics found that every $1 loaned through the platform in 2018 contributed $2 to GDP. Altogether, lending through Funding Circle contributed $8.7 billion (measured in “gross value added”) to the global economy and created 115,000 jobs in 2018. As a publicly traded company, Funding Circle’s recent inclusion in the FTSE4Good Index Series recognizes a commitment to high standards of corporate governance and sustainability.
For more information, visit https://www.fundingcircle.com/us/about/.