Funding Circle - Open For Business
Funding Circle - Open For Business
The British public has defied banks and lent £1m to the UK’s small businesses via Funding Circle (www.fundingcircle.com) in its first ten weeks. Funding Circle is the UK’s first ever online marketplace where people can directly lend to small businesses.
The social lending platform’s success highlights the pent up demand for affordable finance from small businesses and the desire from consumers for better rates of interest on their money than available from banks.
