Monday, 2 April 2012

Funding Circle - News for Northern Ireland

The Government & Funding Circle:
what lies ahead?

10 Downing StWhile the budget headlines focused on taxes and pensioners, there was some encouraging news in terms of the commitment of £100m lending to small business – all to be done through "non-traditional" channels (ie, not banks). Does this mean you’ll see the Government bidding to lend you money the next time you’re taking a loan through Funding Circle?

>>>Read our thoughts in this blog

Moneyfacts Awards 2012 - celebration time!

Funding Circle wins Business Moneyfacts Awards 2012
We're delighted to announce that we won the Best Alternative Finance provider in this week's Business Moneyfacts Awards. With £28 million lent to businesses so far, it's great to be recognised as the front runner in new avenues to finance. Is it time for a Funding Circle loan to boost your business?    

"Within 5 hours, we had £40,000"

Ground Coffee Brighton interviewed by the BBCGround Coffee, Brighton, were interviewed by the BBC last month about their experience in getting a loan to grow their business. Hear about their hard work in getting the business established, and their experience in getting a business loan through us in this 60 second interview.

>>> Watch the 60sec interview here

Ed Wray, Co-Founder of Betfair, welcomes Government’s decision to lend to business via non-traditional channels in The Telegraph

Mark Carton, Co-Founder of Creative Consultancy Adessi, secured a loan at 2% cheaper than the banks were offering and had the money within his account within 2 weeks – he shares his experience in this article.

Reuters points to the rising cost of finance for small businesses and banks being unwilling to lend as a critical factor stalling European recovery. Are UK options like Funding Circle a solution?