Fund title: Funding Circle
Focus of fund/fund aims:
Peer-to-peer lending for British businesses
Funding Circle provides an online marketplace that enables individuals and businesses to lend directly to other small businesses. Funding Circle directly connects people and organisations who want to lend, with vetted, established businesses who want to borrow, side-stepping the traditional banking approach.
The Funding Circle website explains more about how it works and includes an instant quote facility for businesses looking for a loan.