Funding Circle - Competitive Interest Rate For Small Business Loans

Funding Circle - Federally Guaranteed Small Business Loans 

Funding Circle is a loan and financial information company that works quite well for small companies that need to borrow money. Funding Circle started in the UK and merged with Endurance Lending Network for expanding its services. It is a personal finance software that focuses on offering medium-term installment loans for businesses that are already established.

Amazing Features of Funding Circle

Affordable compare To Bank

The peer-to-peer lending for investors platform is an online lender and provides loans with term lengths ranging from six months to five years. It charges an interest and origination fee, but apart from this has no other cost. Funding Circle serves to be the best option if you do not meet the qualifications and provides you a much better rate from an actual bank.

Best installment loans

The peer-to-peer lending for investors platform provides high borrowing amounts to its clients and includes monthly repayments. It doesn't include a prepayment penalty similar to Upstart and has only a few additional fees. This platform's customer service is beneficial and provides tons of help in loan and finance matters. Funding Circle offers the best installment loans, and the application process is also quite quick and simple.

Estimated interest rate

To apply to a Funding Circle personal finance software, one has first to complete an application online to check if they are pre-qualified for it or not. This platform will conduct a soft check of your credit for the initial application. Once you have been pre-approved, you are provided with a quote on the estimated interest rate. 

Certain loan options

The Funding Circle representative will contact you and provide you with certain loan options and help you with whatever questions you have. You have to provide additional documentation, and once you choose the quote that suits you the most, you will get your money within a few days.

Alternatives

Pay off and Upstart is also a similar online investment platform like Funding Circle you can look for.