Funding Circle exceeds £200m in SME loans within 4 years

Posted on 9 Jan 2014 by Tim Brown

Private British investors have provided more than £200 million in loans to UK businesses through the Funding Circle in less than three-and-a-half years.

Funding Circle, a UK-based peer-to-peer lending marketplace exclusive to business borrowers, has helped more than 3,000 businesses access the finance needed to grow. Lending in 2013 alone reached nearly £130 million from investors across the UK. An estimated 6,150 jobs were created as a result. Laura McMullen, business development director at Funding Circle, told Bridging…

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