# 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.