Bank Index
Funding Circle
Lender or credit institution · London, United States · overall 3.3 / 10
How this 3.3 is built
Average of 10 scored needs: 3.3. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 1 score backed by filings or its own pages.
Online lending platform for small business term loans, run from London
On its own website: “Help your business go further with the UK's no.1 platform for small business loans & finance. Borrow up to £750k and get a decision in as little as 5 minutes.”
- Regulated by
- Wikidata
- Licence confirmed
- yes, on a regulator's own list
- Established
- 2010
- Website
- fundingcircle.com
Scores, 0 to 10
7.5Lowest fees
The bank's own page states no monthly account fee. The ceiling here is 7.5 and not 10 because transfer and card prices were not read on that page. It reads: “It’s free to use Zero monthly fees, no hidden costs or foreign exchange fees, and no need to switch your business banking” · source
7.0Licence and supervision
Placed from how well the registers prove the licence: A confirmed on a public register, B a regulator is named, C only listed.
6.0United States
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
6.0Working capital and credit lines
This is what an institution of this kind does, according to the register that lists it. The actual terms of this company have not been read yet.
5.0Fast digital onboarding
It lends money and takes no deposits, so it covers borrowing and not day to day banking. · source
4.5Trade, manufacturing & import-export
It lends money and takes no deposits, so it covers borrowing and not day to day banking. · source
4.0Startups & VC-backed companies
It lends money and takes no deposits, so it covers borrowing and not day to day banking. · source
3.5Financial strength & stability
It lends money and takes no deposits, so it covers borrowing and not day to day banking. · source
2.0Cross-border payments, FX and multi-currency accounts
It lends money and takes no deposits, so it covers borrowing and not day to day banking. · source
2.0Online businesses: e-commerce and SaaS
It lends money and takes no deposits, so it covers borrowing and not day to day banking. · source
1.5Best interest on business balances
It lends money and takes no deposits, so it covers borrowing and not day to day banking. · source
1.5Business cards (Visa, Mastercard)
It lends money and takes no deposits, so it covers borrowing and not day to day banking. · source
1.5High-risk verticals (iGaming, cannabis, adult, forex)
It lends money and takes no deposits, so it covers borrowing and not day to day banking. · source
1.0Crypto-friendly bank
It lends money and takes no deposits, so it covers borrowing and not day to day banking. · source
Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.