Funding Circle US

Funding Circle is not a bank. It is a marketplace that matches accredited and institutional investors with businesses that want to borrow by providing them with a solid platform that takes care of risk assessment, the underwriting of loans and the management of payments. As of August 2015, it has over 40,000 investors registered to fund small business loans.

Funding Circle US in Numbers

Total loans funded
$1 217 897 840
Average loan size
$120 000
Average borrower rate
13 %
Funding delay
6 Day(s)

Funding Circle US in the Peer to Peer Lending Market

Loan size
$25 000 - $500 000
Average loan amount
$120 000
Average Rate
6 %
Number of investors
40000

Access Conditions to Funding Circle US

Borrow

Funding type :
  • Business Loan
Loan size : $ 25 000 - $ 500 000
Duration : 1 year - 5 years
Average borrower rate : 13 %
Rate : 5.49 % - 23.79 %
Borrower fees : 0
Death insurance : N/A

Eligibility

Minimum business age : 2 Year
Minimum turnover : $ 50 000
Documents to provide to get a loan :
N/A

INVESTMENT

Minimum investment : $ 50 000
Maximum investment : $ N/A
Investors fees : N/A
Security : Yes:
Average return rate : 6 %