Business finance to help you thrive

From business credit cards to loans and asset finance, go further with our fast, flexible business finance

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• Short & long term finance
• Apply online in 7 minutes
• Get a quick decision
• UK-based support team
• SME finance specialists

Funding Circle has worked with the British Business Bank since 2013, supporting thousands of businesses as one of the largest providers of Government-backed loans including through the Growth Guarantee Scheme.

Backing you to succeed with a range of business finance options

Since 2010, we’ve focused solely on supporting small and medium sized businesses to get the finance they need to achieve their goals, whether they’re big or small. All our products our tailored to your needs, and you could benefit from:

Popular reasons to get business finance

• Improve cash flow
• Launch a new product line
• Invest in equipment
• Refinance existing debt
• Manage uncertainty
• Fund marketing campaigns

Our products

Business Loan

Fast, affordable loans for almost any business need

• Amount: £10,000 to £750,000
• Product: Term loan up to 6 years
• Interest: From 6.9% per year
• Fees: One-off completion fee

Apply now Learn more about business loans

FlexiPay Line of credit

Pay in 1, 3, 6, 9, or 12 months and manage short term cash flow

• Amount: £1,000 to £250,000
• Product: Revolving credit facility
• Interest: 0%
• Fees: From 1.99% per transaction for a 1/mo. term

Apply now Learn more about FlexiPay

Cashback business credit card

2% cashback, up to £2,000, for 6 months and uncapped 1% cashback after that

• Amount: £1,000 to £250,000
• Product: Business credit card
• Interest: From 14.9% per year
• Fees: No monthly fee

Apply now Learn more about Cashback card

Government-backed loan

Growth Guarantee Scheme loans for growth, working capital and more

• Amount: £25,001 to £250,000
• Product: Term loan up to 6 years
• Interest: From 13.4% per year
• Fees: One-off completion fee

Get started Learn more about the scheme

Asset finance

Fund vehicles, equipment or machinery through our specialist partners

• Amount: £10,000 to £5 million
• Product: Secured loan up to 7 years
• Interest: Varies by provider
• Fees: Varies by provider

Apply now Learn more about asset finance

Business finance options – which is right for me?

The right product for you will depend on your individual circumstances and what you want to use the finance for. If you’re unsure which option is best, you can give us a call on [0800 048 2467](tel:0800 048 2467) to discuss your needs in more details.

Here are some of the key points to consider:

Do you want a lump sum of working capital?

If you’re looking for a capital injection, or want to kick off a long term project, then a business loan could be what you need. You can borrow large amounts and spread repayments over up to 6 years, making big investments more affordable. Plus, if you recoup the funds from investment early, you can settle the loan whenever you want with no penalty, and only pay interest on the time you borrowed.

Do you want ongoing cash flow?

If you’re looking to fund everyday cash flow needs, then a revolving credit facility like FlexiPay may be more suitable. With FlexiPay, when you make repayments, the credit is available for you to use again, so you can use it regularly without having to apply again.

Are you looking to buy/lease vehicles, equipment or machinery?

If you have a need for a particular asset such as a van or other vehicle, or a piece of equipment or machinery, then asset finance could be a good option. Options such as hire purchase are designed specifically for such cases, and our team can help you structure deals that best suit your needs.

How to apply for business finance

Applying for any of our products is simple and straightforward, and our UK-based team is always on hand to help.

1. Choose your business finance product

   Pick whether you want to apply for a business loan, FlexiPay or asset finance.

2. Apply online in 7 minutes

   You can apply for any of our products in 7 minutes or less.

3. Receive a quick decision

   FlexiPay provides instant decisions. For asset finance, you’ll get a decision in as little as 24-48hrs, and for business loans it’s usually the same day.

Frequently asked questions

What is business finance?

Business finance usually refers to a business accessing funds through a loan or other type of credit to support business needs, such as increasing working capital or buying an asset.

Benefits of small business finance

Taking out business finance allows you to pay for business needs without using up any existing cash flow reserves, or having to use other forms of raising capital such as selling equity or assets.

How much can I borrow with business finance?

At Funding Circle you borrow anything from £1,000 up to £5 million depending on the business finance option you choose.

Types of business finance

At Funding Circle we offer a variety of business finance options:

1. Business loans
2. Business credit cards
3. Asset finance

What interest rate is charged on business finance?

The interest rate you’ll be charged depends on the product you apply for, the term you select and your credit history and other business circumstances. Business loans are available from 6.9% per year while FlexiPay is interest-free – you just pay a one-off fee on each transaction.

Do I need a personal guarantee for business finance?

Depending on the product you apply for, a personal guarantee may be required.

Am I eligible for business finance?

To be eligible to apply for a business loan you need to:

1. Have at least 1 year of trading history

To be eligible to apply for FlexiPay you need to:

1. Be a limited company or LLP
2. Have at least 1 year of trading history

To be eligible to apply for asset finance you need to:

1. Be a limited company or LLP
2. Have at least 2 years of trading history