A platform for growth

We're the UK's leading SME finance platform, backing small businesses with the funding they need to win.

Highlights

£204.3m

Revenue

£815m

FlexiPay transactions

125,000

SMEs supported since 2010

£7.9bn

Contribution to GDP

Leadership quotes

Our transition to a multi-product platform secures Funding Circle’s position as the primary financial partner for the UK’s SME ecosystem.

Ken Stannard | Chair

Chair statement

We enter 2026 with a clear platform for growth as we become a more meaningful part of our customers’ lives, serving more of their needs, and capturing a larger share of their financing.

Lisa Jacobs | Chief Executive Officer

CEO review

Delivering our ambitious strategy

Our strategic objectives

Our evolution into a multi-product platform has fundamentally redefined our customer relationships; where we once interacted with a business every half hour, we now engage every 38 seconds. Through our integrated ‘borrow, pay later, and spend’ ecosystem, we are capturing a greater share of wallet and becoming an essential partner in our customers’ daily lives.

As we scale, our strategy remains rooted in customer centricity, relentless innovation and profitable growth.

We ensure businesses find the ‘Yes’ to providing the finance they need through our products and Marketplace partnerships. We leverage credit and product innovation to serve a broader customer base and reach more customers.

125,000

SMEs supported since 2010

We will reach and serve more SMEs with our newer products, addressing new customer needs and expanding our distribution and marketing channels. By appearing where our customers live and work, we are successfully attracting a wider, more diverse base of entrepreneurs to the platform.

36m

rugby fans attracted

While our product suite is broad, some products remain nascent. Over the coming years, we will scale these products, unlocking new features to drive innovation and profitable growth.

>£1.6bn

FlexiPay and Cashback card transactions to date

As a trusted financial partner, we provide a superior experience. This allows us to solve more problems, save our customers time and meet more of their needs.

38

customers transact with us every 38 seconds

79

our industry-leading Net Promoter Score

Funding growth: customer case studies

The Nest Climbing

Fast access to funds enabled The Nest Climbing to expand its facilities in West London.

How we helped The Nest Climbing

The Nest Climbing in Hayes is more than a gym; it’s a London sanctuary where fitness meets community. Climbing enthusiasts Rob Lawley and Sam Hunter opened The Nest in 2019 to make climbing inclusive, and now the centre offers a welcoming space for bouldering, yoga, and connection. To fuel its growth, a £22,000 Funding Circle Term Loan provided essential funds to expand its facilities and add a cafe, ensuring it remains a supportive ‘nest’ for its vibrant and growing community.

Getting a fast injection of funds meant we could expand our business to offer a cafe as well as top-level climbing experiences; now we’re more embedded in the community than ever.

Sam Hunter | Co-Founder, The Nest Climbing Limited

Wick & Tallow Bespoke

How we helped Wick & Tallow Bespoke

Since launching in 2011, Wick & Tallow have grown from a Portobello Market stall into a bespoke luxury fragrance brand. Alice Malcolm Green’s vision to bring English eccentricity combined with operational agility to a traditional market has led to the brand successfully expanding beyond candles into home fragrance. Funding Circle has supported the business with three Term Loans since 2021 for growth, and since 2024 Alice and her partner James have been using FlexiPay to spread supplier payments for materials over several months, helping them to better manage cash flow, and enabling them to scale faster with confidence.

We love FlexiPay, as it allows us to pay our suppliers and split payments over a few months, helping us to manage cash flow and keep up to date with invoices.

Alice Malcolm Green | Founder, Wick & Tallow Bespoke Ltd

Frontier Energy

Funding Circle powers Frontier Energy's next chapter

Barnaby Black, an electrician with extensive experience in renewables – including six years building solar and battery back-up systems in Tanzania – co‑founded Frontier Energy in 2023. The company helps accelerate the UK’s green transition by designing and installing high quality domestic and commercial solar PV, battery storage, and electric vehicle charging solutions across the UK.

Frontier Energy’s mission delivers both social and environmental impact and is embedded in its product and its people. Beyond empowering its clients to lower their carbon footprints, the company actively employs and trains up local labour alongside its contractors and core team, ensuring it builds the skilled workforce required for the net zero economy. Frontier Energy’s work involves highly accredited installations, including large-scale commercial and agricultural solar projects, that drive down the UK’s energy dependence on fossil fuels.

Due to the high capital outlay and unpredictable nature of the market (which Barnaby refers to as the ‘solar coaster’), the business needed cash flow support. In 2024, Frontier Energy was approved for a loan from Funding Circle. This quick and straightforward finance helped smooth out the volatility, ensuring consistent operations, covering labour costs and allowing the directors to focus on securing their own larger commercial projects and developing their Operations and Maintenance services.

Environmental, social and governance

At Funding Circle we are committed to contributing positively to our communities; we do this through the business finance we provide to our SME customers who are often underserved by mainstream finance, and through sound and responsible ESG practices that support broader societal and environmental efforts.

Our ESG Framework sets out our goals and roadmap for each strategic pillar

Our ambition and commitment

To be best in class and live by our DEI Statement, building an inclusive and diverse culture.

Achievements in 2025

  • 80% positive sentiment score in the Inclusion and Belonging category of our engagement survey (+3% year on year).

  • Achievement of our HM Treasury’s Women in Finance Charter pledge for women in senior leadership.

  • Third year of the Female Empowerment Programme, focused on accelerating career growth, and 14 Circlers trained as Mental Health First Aiders, providing additional mental health support alongside our Employee Assistance Programme.

Goals and roadmap for 2026

  • Maintain our Belonging score by scaling our Circler-led impact, through efforts including mentorship, advocacy and visibility.

  • Continue to make progress against key DEI metrics and targets, including women in leadership and the gender pay gap.

Our ambition and commitment

To back a diverse and thriving SME customer base – creating jobs, fostering financial inclusion and having a positive impact on UK SMEs, entrepreneurs and their wider communities.

Achievements in 2025

  • 117,000 jobs, £7.9 billion in GDP, and businesses in all 650 constituencies supported through our lending.

  • Silver Fair Payment Code accreditation, highlighting our commitment to ethical SME payment practices.

  • Free or discounted access to Thrive Mental Wellbeing’s NHS-trusted mental health app to all UK SMEs.

  • Fourth year backing underserved entrepreneurs through Hatch Enterprise partnership, with 19 founders supported.

  • 99 “Impact Days” contributed by Circlers volunteering with charities including NishkamSWAT and Earthwatch Europe.

Goals and roadmap for 2026

  • Engagement with internal and external stakeholders to identify opportunities for social and sustainability benefits for our customers.

  • Continued focus on our multi-year partnerships to support UK SMEs and their local communities.

Our ambition and commitment

To support initiatives that help drive progress towards net zero, and contribute meaningfully to climate, nature and biodiversity outcomes for healthier communities.

Achievements in 2025

  • Development and approval of internal climate Transition Principles.

  • Achievement of our interim operational climate target.

  • Exploration of financed emissions data improvements.

  • £100k investment commitment in Greenlee Peatland Restoration Northumberland National Park project, over 2026–2027.

Goals and roadmap for 2026

  • Development of internal flood risk and scenario analysis capabilities.

  • Continued focus on financed emissions data improvements.

  • Engagement with materially emitting suppliers without net zero targets.

  • Engagement with new office building manager on sustainability and heating decarbonisation plans.

Our ambition and commitment

To meet shareholder and investor expectations, and be viewed positively in the market.

Achievements in 2025

  • Board and Executive engagement in climate issues and trends.

  • Initial gap analysis against draft UK Sustainability Reporting Standards.

  • Continued upholding of highest standards of risk management and corporate governance more broadly.

Goals and roadmap for 2026

  • Further integration of climate risk management processes.

  • Monitoring and preparation for UK Sustainability Reporting Standards.