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FundingCircle Reviews & Product Details

AR
Director
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about FundingCircle?

Simplicity of contact and decision making. Review collected by and hosted on G2.com.

What do you dislike about FundingCircle?

The interest rates are not always competitive. Review collected by and hosted on G2.com.

What problems is FundingCircle solving and how is that benefiting you?

Provides cashflow when it is needed to the business. Review collected by and hosted on G2.com.

FundingCircle Overview

What is FundingCircle?

Funding Circle provides affordable business loans through online marketplace.

FundingCircle Details
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Product Description

Funding Circle provides affordable business loans through online marketplace.


Seller Details
Year Founded
2010
HQ Location
London, GB
LinkedIn® Page
www.linkedin.com
781 employees on LinkedIn®
Ownership
FCH (LON)

Recent FundingCircle Reviews

Verified User
U
Verified UserMid-Market (51-1000 emp.)
4.5 out of 5
"Great platform if you are looking for Business Term loan"
The application process is quite easier as compared to other loans provider. They also revert back in no time, I believe within 24-48 hours we got...
Vernita  C.
VC
Vernita C.Small-Business (50 or fewer emp.)
5.0 out of 5
"Funding to Help your business"
Funding Circle was used by a business I worked for and I liked the way they poured into business to help you be successful, you can use the money t...
AR
Andrew R.Small-Business (50 or fewer emp.)
4.0 out of 5
"Easy finance for growning businesses"
Simplicity of contact and decision making.
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FundingCircle Media

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10 out of 11 Total Reviews for FundingCircle

4.2 out of 5
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FundingCircle Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
Chris B.
CB
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about FundingCircle?

Speed to raise funds and the additional capital options such as flexi pay. The solution can be a quick and easy way to raise capital Review collected by and hosted on G2.com.

What do you dislike about FundingCircle?

The interest rates can be high and they quickly changed after we signed and agreed the deal and we had to then agree a slightly higher new deal. I feel that once a deal is set, it should be locked after signature or locked for a period of time. Review collected by and hosted on G2.com.

What problems is FundingCircle solving and how is that benefiting you?

Working capital to grow the sales and marketing teams Review collected by and hosted on G2.com.

Verified User in Computer Software
UC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about FundingCircle?

The application process is quite easier as compared to other loans provider.

They also revert back in no time, I believe within 24-48 hours we got the decision by Funding Circle Review collected by and hosted on G2.com.

What do you dislike about FundingCircle?

No human touch, once the application is rejected there's no way to ask for the reason. Review collected by and hosted on G2.com.

What problems is FundingCircle solving and how is that benefiting you?

We used this platform to apply for business term loan, however the decision was not in our favour. However, the platform is quiite easy to use and to understand. Review collected by and hosted on G2.com.

Verified User in Accounting
UA
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about FundingCircle?

Funding circle is star performer in lending network which allows investors to make direct loans to small firms in the UK, US, Germany, and the Netherlands. They advance the economy, assist local communities, and create jobs. Due to our concern for them, we concentrate all of our efforts on providing financial support for SMEs. Review collected by and hosted on G2.com.

What do you dislike about FundingCircle?

Considering the other competitors, loan eligible may be challenging and type of money available vary by state and industry. Processing time msg also take longer than with other internet lenders Review collected by and hosted on G2.com.

What problems is FundingCircle solving and how is that benefiting you?

It offers a wide range of products along with dependable product lines, ease in availing high loans amounts with no foreclosure charges. Interest rates could be less than those offered by competing lenders Review collected by and hosted on G2.com.

Vernita  C.
VC
Executive Director
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about FundingCircle?

Funding Circle was used by a business I worked for and I liked the way they poured into business to help you be successful, you can use the money to cover the costs of buying equipment, hiring employees or opening a new location. Review collected by and hosted on G2.com.

What do you dislike about FundingCircle?

There was nothing that I can personally say i did not like Review collected by and hosted on G2.com.

What problems is FundingCircle solving and how is that benefiting you?

It was benefiting the company I worked for and others to to lend money directly to small and medium-sized businesses Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about FundingCircle?

Main thing about Funding Circle that i like is the ease of us and the network that helps you borrow/lend for your business. Ease of use is main reason for using it. Review collected by and hosted on G2.com.

What do you dislike about FundingCircle?

There's nothing to dislike. Sometimes, you don't get lenders, which can be a bother in times of need. But other than this, everything works well and have nothing to dislike. Review collected by and hosted on G2.com.

What problems is FundingCircle solving and how is that benefiting you?

Funding Circle has been a vital cog in small and medium businesses like ours in lending small loans for equipment/upgrades. Its customer service is above par and helpful. Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about FundingCircle?

I like how easy it is to manage different lending profiles of various businesses in this software so effectively. The data and information look pretty organised in this software application. Review collected by and hosted on G2.com.

What do you dislike about FundingCircle?

There is nothing really that I dislike about this software application. It just works for all the required activities that one needs to do to make effective customers profile within one tool only. Review collected by and hosted on G2.com.

What problems is FundingCircle solving and how is that benefiting you?

This tool's main task is handling multiple lending profiles of various customers simultaneously. Hence, navigating the different tasks within profiles is really easy. Review collected by and hosted on G2.com.

Snehha R.
SR
Founder
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about FundingCircle?

Easy to learn and use, they have guided us on right track to getting funding for our travel agency Review collected by and hosted on G2.com.

What do you dislike about FundingCircle?

nothing as such just if they can reduce interest rate that will help Review collected by and hosted on G2.com.

What problems is FundingCircle solving and how is that benefiting you?

Well, for an entrepreneur like me who is scared of going for funding is good and easy Review collected by and hosted on G2.com.

Verified User in Education Management
AE
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about FundingCircle?

It is the non-stop solution for people who are starting a business to lend money or raise their funds for their start-up Review collected by and hosted on G2.com.

What do you dislike about FundingCircle?

Nothing found as of now, will let you know if something comes up. Review collected by and hosted on G2.com.

What problems is FundingCircle solving and how is that benefiting you?

It is an experienced market place lender that provides customer with a full- service lending experience Review collected by and hosted on G2.com.

Verified User in Primary/Secondary Education
AP
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about FundingCircle?

Simple process and easy process for taking business loans Review collected by and hosted on G2.com.

What do you dislike about FundingCircle?

The interest rate is high and it's fixed sometime it's beneficial but sometime it's not Review collected by and hosted on G2.com.

What problems is FundingCircle solving and how is that benefiting you?

They made the process very simple and hassle free, it's easier to get business loan Review collected by and hosted on G2.com.

Verified User in Food & Beverages
AF
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about FundingCircle?

The functionality that I don't have to apply, it keeps tabs for me on when I would potentially qualify. Review collected by and hosted on G2.com.

What do you dislike about FundingCircle?

They send too many Emails too for me, devalues a little. Review collected by and hosted on G2.com.

What problems is FundingCircle solving and how is that benefiting you?

Credit lines for my business, without having to go search for them. Review collected by and hosted on G2.com.