Funding Circle offers FCA-regulated business term loans and the FlexiPay credit line for small and medium-sized businesses in the UK.
Funding Circle is a UK-headquartered online lending platform that provides secured and unsecured term loans to small and medium-sized businesses. Founded in 2010, the company is regulated by the UK Financial Conduct Authority and is listed on the London Stock Exchange under the ticker FCH.
Funding Circle originally operated as a peer-to-peer marketplace connecting individual and institutional investors directly with business borrowers. In 2022 it closed its UK retail investor platform to new money, and in 2024 it sold its US loan-origination business to iBusiness Funding, refocusing the company on its core UK small business lending and FlexiPay products.
Funding Circle's core product is term business loans, ranging from short-term working capital loans to larger growth loans, funded by a combination of Funding Circle's own balance sheet and institutional capital rather than retail investors.
The company also offers FlexiPay, a business credit line and card issued in partnership with Monavate and Modulr, which lets businesses pay suppliers immediately while spreading the repayment over instalments, aimed at smoothing short-term cash flow.
Funding Circle does not publish fixed subscription pricing because its core product is lending: interest rates, fees, and repayment terms are quoted individually based on a business's credit profile, trading history, and loan amount, similar to other commercial lenders.
Applying for a quote is free, and Funding Circle discloses the APR and total cost of the loan before a business commits, in line with FCA consumer credit and business lending disclosure rules.
No. Funding Circle closed its UK retail investor platform to new investment in 2022 and now funds loans through its own balance sheet and institutional capital rather than individual P2P investors.
Not directly as a lender. Funding Circle sold its US loan-origination business to iBusiness Funding in 2024 and now focuses on the UK market.
FlexiPay is Funding Circle's business credit product that lets a company pay a supplier immediately and repay the amount over flexible instalments, issued in partnership with Monavate and Modulr.
Funding Circle is authorized and regulated by the UK Financial Conduct Authority (FCA reference number 722513) and is listed on the London Stock Exchange under ticker FCH.
Applying for a quote is free; Funding Circle discloses the interest rate, fees, and total repayable amount before a business accepts a loan offer.