Funding Circle Business Loans Review 2024

Kiah Treece is a small business owner and personal finance expert with experience in loans, business and personal finance, insurance and real estate. Her focus is on demystifying debt to help individuals and business owners take control of their fina.

Kiah Treece Loans Writer

Kiah Treece is a small business owner and personal finance expert with experience in loans, business and personal finance, insurance and real estate. Her focus is on demystifying debt to help individuals and business owners take control of their fina.

Written By Kiah Treece Loans Writer

Kiah Treece is a small business owner and personal finance expert with experience in loans, business and personal finance, insurance and real estate. Her focus is on demystifying debt to help individuals and business owners take control of their fina.

Kiah Treece Loans Writer

Kiah Treece is a small business owner and personal finance expert with experience in loans, business and personal finance, insurance and real estate. Her focus is on demystifying debt to help individuals and business owners take control of their fina.

Loans Writer Jordan Tarver Lead Editor, Mortgages & Loans

Jordan Tarver has spent seven years covering mortgage, personal loan and business loan content for leading financial publications such as Forbes Advisor. He blends knowledge from his bachelor's degree in business finance, his experience as a top perf.

Jordan Tarver Lead Editor, Mortgages & Loans

Jordan Tarver has spent seven years covering mortgage, personal loan and business loan content for leading financial publications such as Forbes Advisor. He blends knowledge from his bachelor's degree in business finance, his experience as a top perf.

Jordan Tarver Lead Editor, Mortgages & Loans

Jordan Tarver has spent seven years covering mortgage, personal loan and business loan content for leading financial publications such as Forbes Advisor. He blends knowledge from his bachelor's degree in business finance, his experience as a top perf.

Jordan Tarver Lead Editor, Mortgages & Loans

Jordan Tarver has spent seven years covering mortgage, personal loan and business loan content for leading financial publications such as Forbes Advisor. He blends knowledge from his bachelor's degree in business finance, his experience as a top perf.

| Lead Editor, Mortgages & Loans

Updated: Apr 16, 2024, 9:11pm

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Our Verdict

Our Verdict

Funding Circle is a peer-to-peer marketplace lender that connects business owners with secured loans and other business financing options, including SBA loans and business lines of credit. Available financing amounts vary by product but generally range from $25,000 to $500,000, with rates starting at 7.49% per year for term loans.

Pros

Cons

From participating partners via businessloans.com's website.

Our ratings take into account loan cost, loan details, eligibility and accessibility, customer experience and application process. All ratings are determined solely by our editorial team.

Loan amounts $25,000 to $500,000 Time in business Minimum credit score

Table of Contents

Who Is Funding Circle Best For?

Funding Circle is best for business owners who have been in business for over two years and who have good to excellent personal credit and stable business finances. Term loans and Small Business Administration (SBA) 7(a) loans are available for up to $500,000, making the platform a good option even for large loans.

Funding Circle loans are available in every state. However, it’s not able to lend to some industries, including businesses engaged in speculative real estate, nonprofit organizations, weapons manufacturers, gambling businesses, marijuana dispensaries and those in the pornography industry.

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