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Why is Funding Circle scaling down new property development lending?

From April 2017, we will scale down new property development lending, expecting to stop all lending by mid-2018. There will still be opportunities for you to lend to experienced property professionals during this period as we refinance existing borrowers and list remaining tranches of existing projects.

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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