How we’ve backed small businesses in 2023 | Funding Circle UK

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We’ve helped thousands of businesses fund their goals this year, and continue to innovate with new products and services designed to fit your needs. Here we look back at some of the key changes we’ve made, and how they’re helping businesses across the UK.

Government-backed Recovery Loan Scheme

In the summer of this year we received accreditation from the British Business Bank to begin lending on the latest iteration of the Recovery Loan Scheme. Backed by a government guarantee, by offering the scheme alongside our business loans we’re able to approve more businesses for funding. 

The scheme has been a big success, and has helped lots more businesses get the funding they need to grow, manage uncertainty and keep driving forward.

Find out more about the Recovery Loan Scheme

A new business credit card for FlexiPay

After listening to feedback from customers, we were delighted to provide FlexiPay users with a new business credit card, giving them more ways to use their FlexiPay line of credit. Now, as well as the ability to make transfers to suppliers, the card allows you to make purchases and spread the cost over 3 months. 

The new card feature has been well received by new and existing customers, and gives business owners more control in how they manage their cash flow.

Find out more about FlexiPay

Asset finance service

The latest addition to the Funding Circle offering, we can now help you find the right asset finance deals from across the market. We work with a range of providers, and we’ll do the legwork for you to fund vehicles, machinery and equipment.

Your Account Manager will help you navigate the available options to find a deal that works for you.

Find out more about Asset Finance

Partnership with Premiership Rugby

As part of our second season of partnership with Premiership Rugby, we are giving rugby fans the chance to back their businesses with some amazing prizes including hospitality for their team at a chosen Premiership Rugby club or the ultimate business package worth £16,000 (T&Cs apply).

Find out more

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