← Back | Funding Circle
The typical RoI is about 7.9% which is equal to some Hedge Funds. The way they handle defaults is a lot better than some banks. When a lender defaults, Funding Circle will reduce the payments allowing the business to recover. Often the company is able to return most of the money lent.
Funding Circle was founded in 2010 by Andrew Mullinger, Samir Desai and James Meekings. Funding Circle has been in business since 2010 and is a lending marketplace that enables investors to lend cash directly to SMEs. Funding Circle is brilliant for investors looking for better RoI. Funding Circle was the first website to allow P2P lending for companies in Britain and now operates in the Netherlands, Germany, US & UK. Funding Circle has enabled over £5 billion in loans to small businesses as at June 2018.