Small businesses are underserved by traditional lenders. Our technology platform can revolutionise the SME borrowing experience. 

SMEs are a fundamental part of the global economy, driving growth, employment, and innovation.

They employ almost a third of people across the OECD region and account for 50–60% of the economic value created. But they are underserved by traditional lenders and typically represent less than 5% of banks’ balance sheets.

Small businesses are underserved by traditional lenders

On the day the lockdown started we opened an e commerce store and started delivering to doorsteps. Over the past year we’ve grown by 12% and Funding Circle has played an important role in supporting us.

Andrew Birkby
Founder of Wild Card Brewery

Trends in the market

SMEs are strategically important to economic growth


borrowed through PPP, £70bn borrowed through CBILS/BBLS3

Significant acceleration in adoption of online borrowing


increase in searches for online business loans in the UK4

Strong demand from investors despite recession


investor capital raised since the beginning of Covid-19 to lend to UK and US SMEs5

SMEs expect to have ongoing finance needs


of SMEs expect to require finance in the next 12 months, primarily for growth or investment6 


1 OC&C analysis: Target addressable market excludes commercial mortgages, loans / debt products <5k and >500k in local currency and loans with APR >25%. In US, higher minimum threshold of $25k.
2 Data from the Federation for Small Businesses and Small Business Administration.
3 Cumulative PPP data published by the SBA; cumulative CBILS and BBLS lending data published by HMT
4 Google trends
5 Funding Circle institutional capital raised accredited to CBILS and PPP
6 Data from the Oxford Economics and Funding Circle 2020 Economic Impact Report