Funding Circle Business Loans
Funding Circle is a peer to peer lending platform that allows small to medium sized businesses to apply for a loan to raise working capital. They believe in top notch customer service and try to treat every established business with a priority no matter how small.
It takes individual investors who want to specialize in small business loans and match them up to create a fully funded loan. A business that fills out an application through FundingCircle.com will get a focused account specialist from day 1 that will work with you and take you through the process. You can get a fully funded loan for your business in around 2 weeks. Many times when working with banks this could take months.
Over 12K businesses have borrowed over one and a half billion through the funding circle lending program.
How Much Can Funding Circle Loan My Business?
Most loans through FundingCircle.com are between $25,000 and $500,000 and can be anywhere from 1 to 5 years in length. There are various reasons to get a business loan such as hiring more staff or buying new equipment. You could be expanding your advertising campaigns to bring in more business or any other expansion methods.
How Do I Apply For a Funding Circle Business Loan?
You can check your eligibility in seconds and usually the application process can be completed within 10 minutes.
Within 2 hours you should be hearing from a dedicated loan specialist. Within 72 hours you should have a decision from the underwriter who will review you application and will give you a call to talk and discuss your business needs.
Once approved you will get your funds in a few days. Normally the entire process can be done in 10 days.
How Can I Contact Funding Circle?
They have a direct line where you can get a hold of a customer account specialist.
Funding Circle Contact Number (855) 385-5356
Hours of operation Mon-Fri 8am-8pm PT
About Funding Circle
Funding Circle only lists established businesses with a operational history including cash flow and a strategic plan. All of the are American small businesses.
Are there any alternative small business loans or lenders other than Funding Circle?
Yes, we recommend two others that offer small businesses loans at a good rate.
We have them listed below for your convenience.