Business Investment & Business Lending #starting #a #business #ideas
Help the economy. Invest.
Personal Tax-Free Account
You will soon be able to open an ISA account at Funding Circle, which means your returns will be tax-free.
The subscription is 15,240 for the 2016/17 tax year across all ISAs. You will also be able to transfer ISAs from previous years into your Funding Circle ISA .
Martin Lewis, writing about his Funding Circle Experience
Funding Circle has been the most lucrative [peer-to-peer platform]. Since I joined in August 2012, drip-feeding cash in, my returns, after all fees and bad debt adjustment, have been 6.2pc. I didn t pick individual borrowers, I just used Autobid . October 2013
Our experienced credit assessment team review every application and only allow established and creditworthy businesses to borrow through Funding Circle. However, it s important to remember that some businesses will not be able to fully repay their loan. We call this a bad debt.
Diversification is the best way to manage risk. This simply means spreading your lending across hundreds of businesses, so you re only lending a small amount to each one.
It only takes a few minutes to register.
How do I become diversified?
- Lend to at least 100 businesses
- Lend no more than 1% of your total to each one
Every investor who has followed these 2 simple steps has earned a positive return (1 January 2016).
We ve built an easy tool to help you diversify, just look out for Autobid in your account.
We re transparent
About our fees
1% Annual Servicing Fee
Based on the amount outstanding on any loan and collected when the borrower makes a payment.
0.25% Sale Fee
Payable if you sell any of your loan parts to other investors.
And about our performance
We publish all performance information, including the all time actual return across all investors and our bad debt rates on our statistics page. You can also keep up to date with your own investment by logging into your account.
As featured in
Some traditional banks are unaware of the competition they face and the way upstarts such as Funding Circle are disrupting bank lending.
Lending marketplaces such as Funding Circle have gained the trust of consumers by offering transparency and providing lower rates than banks to borrowers.
This month the FCA began regulating the sector for the first time, giving it an official stamp of approval.
Within an hour of posting on Funding Circle, the company met its target. By the end of the week, they had raised 75,000 from 600 investors at a competitive rate.
Have any questions?
Download our free investor guide to read more about how it works and important information about lending through Funding Circle.
It only takes a few minutes to register.
*The current estimated return is an estimate of the annual return after fees and bad debts that investors could earn from lending money to businesses seeking loans today. It is calculated by taking the gross interest rate less fees and estimated bad debts that will occur in the future for each of the last 100 loans accepted on the marketplace. The average return is compounded and before tax. The return is updated daily. See the full calculation here .
** Funding Circle is supported by the British Business Bank, a development bank wholly owned by the UK Government. In 2014, the Government-backed British Business Bank Investment Programme invested 40 million alongside other investors, to support economic growth by providing more efficient finance to small businesses.
The British Business Bank and its subsidiaries do not offer bank accounts, take deposits or provide regulated banking services. The British Business Bank provides its financial support to smaller businesses through its delivery partners. Any decisions to provide finance to smaller businesses are made by Funding Circle not by the British Business Bank.
investors in the UK
have lent to businesses
lent to British businesses
Investment through Funding Circle involves lending to small and medium sized businesses, so your investment can go down as well as up.
Funding Circle Limited is authorised and regulated by the Financial Conduct Authority under firm registration number 635439. Funding Circle is not covered by the Financial Services Compensation Scheme. Registered in England (Co. No. 06968588) with registered office at 71 Queen Victoria Street, London, EC4V 4AY.
Copyright Funding Circle 2016. All rights reserved