The mission: We fund growth
Funding Circle is on a mission to back the small businesses that power the economy. We deliver an unrivalled experience for our customers, powered by a proprietary technology and data engine.
80%
125,000+
3x
79
£7.2bn
Our strategy
We focus on four pillars to ensure our customers get the support they need, when they need it.
Get to ”yes”
Businesses come to us for finance, and our goal is ensuring they find the "yes" they need through our products and Marketplace partnerships. We will leverage our credit and innovation capabilities to enhance products, open new segments, and get finance into the hands of more customers.
Expand our audience
We will reach more SMEs with our newer products, address new customer needs and expand our distribution and marketing channels to expand our audience and attract more businesses to Funding Circle.
Scale our product offering
Our product suite is broad and supports more of our customers’ needs than ever before, but some products are nascent whilst the market opportunity is large. Over the coming years, we will scale our newer products, innovating and unlocking new product features to drive profitable growth.
Deliver a seamless lifetime customer experience
As our product suite expands, we are becoming a more vital financial partner, serving customers across their lifecycle with a superior experience. This allows us to capture more of their financing and learn from frequent interactions, solving more of their problems while saving them time and money.
Our business model
At the heart of our business is a proprietary technology and data engine that connects small businesses with high-quality funding from a diverse range of institutional partners.
This scalable ecosystem allows us to deliver fast, simple finance for our customers while providing stable, attractive returns for our investors.
Borrowers
SMEs seeking fast simple finance, with products tailored to every stage of their journey.
Term Loans
Unsecured loans up to £750,000, for up to six years, typically with a personal guarantee. Our borrower base is highly diversified across regions and industries, which helps ensure stable returns and mitigates the effects of adverse economic conditions. Typical borrowers through the platform are well-established businesses seeking efficient financing solutions.
10 years’ trading history
8-10 employees
~£1 million revenue
~£75,000 loan size
4-5 years average term
Six-minute application and 24-hour turnaround
70%
credit extended
FlexiPay line of credit/Cashback credit card
20%
credit extended
Marketplace
Other credit products via Marketplace
10%
credit extended
Deep data lake
Instant decision platform
Strong brand awareness
Excellent customer experience
Predictive risk model
Investors
Our hybrid funding model is a strategic choice that combines a scalable capital light business model with the right funding for the right product.
Institutional investors
This funding is provided by a diverse group of financial institutions who receive attractive returns, access to a hard to reach asset class, portfolio diversification, and the ability to deploy capital at scale. By providing consistent liquidity, these institutions enable us to support thousands of SMEs.
Banks
Asset managers
Funds
Bond programmes
94%
assets under management funding
FC funding
Balance sheet funding
Senior Citi facility and Funding Circle equity
6%
assets under management funding
Third party finance providers
Panel of 27 lenders
Our multi-product toolkit
Our product suite empowers our customers with the right solution at the right time, powered by our proprietary technology and data. We have evolved from a single-product lender into a comprehensive financial partner with a range of solutions to meet the evolving needs of small businesses.
