In 2021, lending through Funding Circle's UK platform is estimated to have contributed £7.2bn to GDP and supported 100,000 jobs. This is providing small businesses with the fast and simple access finance they need to grow and power the economy. £14 billion to approximately 120,000 businesses globally. A wide range of investors are utilising this technology and distribution platform to lend c. Founded in 2010, its market-leading and unparalleled instant decision lending technology enables small businesses to apply for finance in an average of six minutes, with lending decisions in as little as nine seconds. These public capital market transactions are further recognition of the platform’s ability to open up deep and diverse pools of capital to small businesses, creating more choice and competition in the small business lending market.įunding Circle is the UK’s largest loan platform for SMEs. Waterfall’s initial £1bn investment in 2018 included multiple securitisations. Waterfall will lend through the platform alongside a wide range of investors, including banks, asset management companies, insurance companies, government-backed entities, individuals and funds. This seamless functionality is helping provide small businesses with fast and simple access to finance, allowing them to grow and power the economy. These provide Waterfall with a highly efficient and cost-effective mechanism to deploy capital to the real economy.įunding Circle’s market-leading and unparalleled instant decision capabilities enable small businesses to apply for finance in an average of six minutes, with lending decisions in as little as nine seconds. The Company focuses on structured credit and private equity investments, as well as offers asset and portfolio management. More than a decade of investment and innovation in Funding Circle’s technology and data capabilities has created powerful machine learning models. Waterfall Asset Management, LLC is an investment management company. The partnership leverages Funding Circle’s technology and distribution platform to deploy new funding to UK small businesses, continuing Waterfall’s support for UK SMEs. The partnership will leverage the platform's machine learning capabilities to deploy new funding to UK small businesses over a two-year period.įunding Circle, the UK’s largest small business loan platform, and Waterfall, a leading institutional asset manager, today announce a lending partnership that will provide £1bn of new funding to small businesses.

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