Funding Circle
Panel anchor for unsecured term loans between £10k and £500k. We route established Ltd companies with 2+ years trading and clean credit here first when the applicant wants a fixed-repayment term loan rather than a flexi or MCA. Soft search at quote means we can run an indicative match without harming the credit file. Default first move for working-capital tickets between £25k and £250k.
Quick routing verdict
- Product: Term loan.
- Ticket band: £10k to £500k.
- Decision time: 1 to 3 business days.
- Pricing: 6.9% to 26.9% APR.
- Soft search at quote stage: no credit-file footprint.
- FCA-authorised.
At a glance
- Legal entity
- Funding Circle Ltd
- Companies House
- 07123069
- Founded
- 2010
- Product
- Term loan
- Ticket range
- £10k to £500k
- Decision time
- 1 to 3 business days
- Ltd-only
- Lender accepts other structures, FundBiz routing is Ltd-only
- Last reviewed
- 2026-06-12
Why we route here
- Soft search at quote, so the matcher can run a Funding Circle indicative offer without a credit-file footprint.
- Eligibility criteria are published, which lets us pre-screen turnover, trading time and sector before we send the file.
- Decision in 1 to 3 business days, fast enough that we rarely need to route to a slower bank for a clean case.
- Established brand and FCA-regulated, useful when applicants want a name they recognise.
When we route elsewhere
- Headline 6.9% rate is for top-tier files only, so we set applicant expectation higher in the matcher result.
- Personal guarantee is almost always required, which we flag at matcher stage to head off late drop-off.
- Less competitive on £100k+ tickets than Allica or OakNorth, so we route bigger asks accordingly.
- Sub-12-month trading and recent CCJs auto-decline, route those files to iwoca, Capify or 365 Business Finance.
Best fit applicants
- Established Ltds with 2+ years trading and clean credit
- Working-capital term loans between £25k and £250k
- Applicants who want a recognised brand and a fast soft-search quote
Where Funding Circle is the wrong fit
- Sub-12-month trading, route to iwoca or Start Up Loans Company
- Files with recent CCJs or missed payments, route to Capify, 365 Business Finance or Bizcap
- £500k+ tickets, route to Allica or OakNorth
If declined by Funding Circle
If your application to Funding Circle is declined, the FundBiz post-decline matcher routes by decline reason. Common alternatives in our panel are listed in the "When we route elsewhere" section above. See also our Funding Circle decline runbook for sector-specific routing detail, and our side-by-side guide to Funding Circle alternatives for the closest UK specialty finance providers.
Other panel lenders
- 365 Business Finance, Merchant cash advance
- Aldermore, Asset finance, invoice finance, commercial mortgages
- Allica Bank, SME term loan + commercial mortgage
- Bizcap, Specialist post-decline / fast cash
Editorial reviews
For independent editorial reviews of Funding Circle and the wider UK SMB lending market, see our sister site BestBusinessLoans.
Run the matcher
Tell us your turnover, sector and ticket size. We score against Funding Circle and the wider FundBiz panel, then surface the lenders most likely to approve. Limited companies, LLPs and partnerships of 4+ only.
Open matcher →Last reviewed: 2026-06-12. By Oliver Mackman.