Updated: 7 August 2020
In the run up to December 25th we’ve been showcasing presents, food, drinks and decorations from Funding Circle borrowers. This week we’ve put together a list of last minute stocking fillers to help make your Christmas extra special.
This will be the last weekly lending review of 2016: we’ll be back in touch in the week commencing 3rd January. We hope you all have a nice break!
There are currently 10 loan requests on the marketplace, and thousands of loan parts available for you to buy which will help you become diversified.
The total value of new loans listed on the Funding Circle marketplace was £25,184,678, averaging at £76,895 per loan. The largest loan value was £555,240 and the smallest loan value was £5,100.
Business loans available to bid on:
Gross interest rates are before fees and bad debts. Your actual return may be higher or lower as by lending to businesses, your capital is at risk.
These 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 you reinvest your interest each month and therefore includes the compound interest you earn (The calculation is AGY = (1 + (two week rolling weighted average rate/12))^12 – 1). You can view the latest gross interest rates accepted on the marketplace on our statistics page.
Number of loans, value of loans and amount lent are reported weekly.
This London business was established in 2012 and a petition has been registered.
This Ayrshire business has been running since 2006 and has been placed into liquidation.
This South Yorkshire business was established in 2002 and is three months in arrears.
This Cheshire business has been running since 2015 and is four months in arrears.
This Somerset business was established in 2009 and has ceased trading.
This Lancashire business was established in 2005 and is three months in arrears.
This Lancashire business has been running since 2005 and is four months in arrears.
This West Midlands business was established in 1995 and has become unresponsive after missing repayments.
This Somerset business has been running since 2003 and is three months in arrears.
This North Wales business is three months in arrears.
This South Yorkshire business was established in 2010 and are three months in arrears.
This Lancashire business was established in 2010 and has become unresponsive after missing repayments.
This Monmouthshire business was established in 2013 and has ceased trading.
This Monmouthshire business was established in 2013 and has ceased trading.
This Cheshire business was established in 2010 and has been dissolved.
Lending to businesses can deliver attractive returns, while helping businesses access the finance they need to grow. However, from time-to-time some businesses will be unable to repay their loan, which is why lending a small amount to lots of different businesses is so important. Watch our 90 second diversification video below to find out more.
Our collections and recoveries team are working to recover the outstanding amounts for all of the loans described above and they will provide you with updates in the loan comments section on your summary page. Read how our collections and recoveries process works (part one and part two) on our blog.
Enjoy lending, the Funding Circle team
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