Funding Circle

UsagesUse Case n. 623
TaglineFunding Circle is a small business lending solution that funds business owners with money from investors.
CitySan Francisco
Mapping LocationSan Francisco, California, United States
Zip Code94111
Year Founded2010
Comapny TypePrivate
Market CategoriesFinance & Investment
Revenue SourceNot Reported By Company
DescriptionFunding Circle USA is an online loan marketplace that connects small businesses looking for up to $500K with investors. Funding Circle was founded with the mission of addressing by connecting investors with small businesses to the benefit of both.People lend small amounts to multiple creditworthy businesses to spread their risk. In turn, those businesses borrow from a multitude of people through an auction mechanism to get a lower interest rate. Lenders are able to loan specifically to businesses in their community or businesses that meet certain criteria, such as being environmentally friendly.