Funding Circle Loans

Funding Circle Loans

SERVICE OVERVIEW

Helping Small Businesses

Small Businesses that have been trading for two years or more, can apply for an un-secured loan from Funding Circle. You can borrow for almost any business purpose from a cash flow boost to improving or moving premises.

Funding Circle loans range from £10,000 to £500,000. The loans have a flexible term from 6 months to 5 years and carry no fees for early repayment. The application process is quick and easy – and as a UK Funding Circle partner, we can help you with, firstly an assessment of the application’s suitability, and also with the minimum information requirements:

Funding Circle Minimum Requirements
Business Details:

  • Minimum 2 years trading history
  • At least 1 year filed or 2 years formally prepared accounts
  • No new CCJs registered in the last 12 months or outstanding over £1,000
  • Business and beneficial owners based in the UK

Specific Documentation

  • Last set of filed Statutory Accounts
  • Detailed P&L and Balance Sheet
  • Last 3 Months of Business Bank Statements

Funding Circle loans can give you business the extra lift they need to grow. Even Sole Traders and Small Partnerships can benefit, with loans from £25,020 to £250,000 available. We can help you through the (well-written) small print and ensure you are applying for an affordable loan that will help your business.

Our ‘Top Features’ of Funding Circle Loans, and why we are happy to partner them include:

  • Flexible Term Loans – 6 months to 5 years
  • Fixed Rate –From 1.9% 
  • Speed – Decision in as little as 5 hours
  • Unsupported Personal Guarantee-Funding Circle do not take a charge over any assets
  • No early repayment fees