Very risk averse, more talk than substance.
On the plus points for Funding Circle they respond quickly, the application process is quick and you get a decision quickly.
On the bad side however the rates quoted on their literature and website are misleading at best, the actual rates you get, even for a very healthy credit worthy company are mediocre and better rates are easily found elsewhere. Their appetite to lend fluctuates wildly, I'm guessing based on their loan books and can change from one month to the next, I know this from personal experience. I ended up being able to borrow more from my high street bank who are very cautious indeed.
Ultimately, I wouldn't recommend them, only as a last resort.
Date of experience: August 26, 2024