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Why did Funding Circle scale down new property development lending?

From April 2017, we began to scale down new property development lending. We have taken this decision in order to fully focus our resource and investment on our core small business loan product across all our geographies. Focusing on our core product will allow us to build on our leadership position in every market we operate in, in addition to providing you with the opportunity to help thousands more small businesses access finance and grow.

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