Financing the future:

Funding Circle’s impact in 2024

Overall impact

GDP Contribution

£7.2 billion

Direct Indirect Induced

£3.5 bn

Lending through Funding Circle supported SMEs in all 650 UK parliamentary constituencies in 2024.

Employment

87,500 jobs

• 39,100
• 30,100

Tax Revenues

£2 billion

• £0.3 bn
• £1.0 bn

Every £1 million lent through Funding Circle contributes £1.8 million to GDP.

Lending in every corner of the UK supports 22... and generates £0.5 million in taxes.

Looking ahead

• 47% of SMEs are prioritising investment in technology, highlighting a shift towards digital transformation.
• 48% have adjusted their financing needs post-pandemic, with increased demand for short-term finance and business loans.