Why you should lend using fundingcircle.com - make a healthy return!
Fundingcircle.com provides you with an effective and efficient system that you can use to lend money to a business in the UK. As a lender, there are many advantages to using this system to lend money to our business. It is free to join the site and any individual or limited company can lend. You or your company does not need any type of licence to lend through the site.
Peer-to-peer lending is not just becoming fashionable, it can be very profitable. A GOOD site like Funding Circle helps you make money in a safe, controlled environment, whilst supporting UK business in challenging economic times. It certainly pays better than most banks, and you can lend as little as £20 to make a good return.
Users of funding circle include highly reputable people within the business community, many of whom have provided extremely positive testimonials about lending money through the site. It has also been featured in many well-known newspapers and periodicals, so you can lend through this site with a great deal of confidence. Plus you are helping a small or SME UK business to raise much needed capital, so you can feel really good about the profit you are making!
Supporting UK businesses with fundinmg from as little as £20!
In these tough economic times, lending using Funding Circle is a great way for you to give back and help the already thriving sector of small local businesses. Small businesses are essential to the economy, and collectively responsible for generating half of the country’s entire GDP. We know that it is important for you to get a good return on your money, and most lenders have a yield of 8% to 9% on their loans. Loans are usually fairly short term, typically lasting between one to three years; so you will have a relatively quick return on your investment. Each month we pay a fixed amount of the loan (including interest) back to you.
How risky is it?
Competent and seasoned underwriters are employed by the site. The role of these people is to use a strict set of criteria to assess each business loan. The site’s rigorous entry requirements mean that businesses must be established and creditworthy to be eligible for a loan through the site. The underwriters also need to regard the risk of the business as below average. There is also a thriving community of other Investors whom you can connect with to discuss the funding of a project.
Funding Circle is a highly reputable company that pride themselves on making your experience both pleasant and easy. It’s easy to pick the company that you want to lend to. Funds from your debit card can be instantly transferred to your account, enabling you to immediately start lending. You can get all the details you require by looking at the description of our company on the site.
Finally, most loans are assured by a personal guarantee from the business owner or directors). So your money really is safe, as well as earning you a healthy return!
Plus you can spread the risk over several loans to different projects, so your money is even more safe!
How it works
Participating in a simple bidding process enables you to make the specificities of your loan known to us. Many lenders that have used Funding Circle in the past have seen better returns than they would have by investing in the FTSE 100, corporate bonds or savings accounts. Funding Circle’s fees are very low and only payable when you earn interest or sell part of your loan through the site.
Extensive arrangements have been put in place to ensure none of your money is ever lost; but strict criteria for loan eligibility mean that this is a very rare problem. Due to the fact that only companies with below average risk, low risk or very low risk are approved by the expert team, making the decision to lend to our business will be mutually beneficial.
All you need to register is UK residency and a UK bank account. Registration is free, quick and easy.
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