Funding Circle Posts a Record-breaking July: £47.5 Million Lent to Businesses

Sam Hodges Funding Circle QuoteFunding Circle touted a record-breaking £47.5 million was lent to businesses across the UK through its marketplace in July. Currently 46 loan requests on the marketplace are available, including a property developer building 4 new homes in Wigan and a fundraising business looking to expand. The total value of new loans listed on the Funding Circle marketplace was £11,440,520, averaging at £84,304 per loan. The largest loan value was £515,480 and the smallest loan value was £5,000.

Funding Circle business loans still available for bidding include:

Weekly marketplace trend update

The following graphs show the most recent activity on the marketplace. The average gross yield graph is reported weekly and shows a rolling two week average of gross yields. This calculation assumes interest reinvestment each month and therefore includes the compound interest earned, according to Funding Circle.

Weekly average gross yield (2 weeks rolling)

Funding Circle Yield1

 

Number of listed loans per week

Funding Circle Loans listed 2

Listed loan value per week

Funding Circle Loan-value-2

Total amount lent

Funding Circle Amount-lent

Loan parts available to buy from other investors

Funding Circle Loan Parts

In addition, for those investors lending to less than 100 businesses (and are not part of the 100 club), Funding Circle  posted a short video which runs through the basics of diversification and how investors can diversify at Funding Circle.


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