Funding Circle Originated $377M of US Loans in First Two Quarters of 2019

| By:


Funding Circle originated $377M of loans in the US in the first six months of 2019, according to their latest public report. The company said that “growth was proactively controlled” and that they tightened higher risk band lending and increased prices. They’ve now loaned more than $2B cumulatively in the US since inception and their growth is being led by “new borrowers” that are being lured away from traditional lenders.

Funding Circle still lags behind PayPal, OnDeck, Kabbage, Square Capital, and Amazon in the US in loan origination volume, according to the deBanked small business finance rankings. Its closest competitors by volume are BlueVine, National Funding, and Kapitus.

Last modified: August 8, 2019

Category: Business Lending, Industry News

Home Business Lending, Industry News › Funding Circle Originated $377M of US Loans in First Two Quarters of 2019


    Wynwood Capital Group

    Highland Hill Capital

    Better Accounting Solutions

    Fresh Funding

    Fox Business Funding

    deBanked CONNECT MIAMI

    Flash Advance

    Amerifi Capital

    Forward Financing

    IAC - In Advance Capital

    Legend Funding

    CapFront

    South End Capital

    Spartan Capital

    Vox Funding

    BizFund

    ByzFunder

    Global Funding Experts

    Splash Advance

    Smart Business Funding

    Bitty Advance

    Total Merchant Resources

    The Smarter Merchant

    Cashyew

    IOU Financial

    Green Note Capital

    Symplifi Capital