£16.9bn
credit extended
C.150,000
small businesses financed
£3.3bn
loans under management
Helping power SMEs’ growth
Across the globe, SMEs aren’t given the finance they need to grow. We’re here to change that, by making finance accessible, quick and simple. Business owners are forward thinkers. They’re determined. They stand up to make a difference and work hard to make it happen. They create jobs, support local communities and drive the economy forward.
That’s why we care about helping them, and why we focus 100% on helping SMEs get the funding they need to win.
Business partners Anna and Felix opened their first cake shop and cafe in 2015. A Funding Circle loan helped them take their business up a tier.
Anna Tyler started her career as a wedding cake designer, before joining forces with Felix Harkness in 2015 to open a cake shop and cafe in Bristol in 2015. They wanted to offer the Clifton community hot drinks and sweet treats, and at the same time give customers the chance to watch wedding cakes being made before their eyes.
After five successful years, and despite the challenges faced by the hospitality industry during the pandemic, they seized the opportunity to pivot the business online in 2020. Launching an online platform, they began offering luxury gifts such as cookies, macarons and cupcakes, and expanded the business nationwide.
The owners’ success is evident with their turnover expected to increase year on year. To continue their growth, the duo came to Funding Circle to secure a term-loan - to expand their kitchen, create more jobs and open a new office. It's expected to be another history in the baking for Anna Cake Couture - watch this space!
Results for the year ended 31 December 2023.
Powering SMEs and the economy: Funding Circle's 2022 impact
March 2023