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Funding Circle is great for investors looking for a better return than many bank could give them. Funding Circle has been trading since 2010 and is a lending marketplace that allows investors to lend funds directly to small and medium-sized companies.
Funding Circle was founded in 2010 by James Meekings, Samir Desai and Andrew Mullinger and was the first business to allow peer-2-peer lending for companies in the UK 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.
The typical Return on Investment is about 8% which is better than some Hedge Funds. The way they process defaults is a lot better than many banks. When a lender defaults, Funding Circle will ease back on the payments allowing the borrower to recover. Often the company is able to return most of the capital.