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How does the funding process work?

Once your documents have been received and reviewed, you have agreed to the loan contract and you have set up your Direct Debit, your loan request will then be listed on the marketplace, which is where the funding process happens.

Registered Funding Circle investors will then start offering amounts of money to fund your loan. Your loan can be funded by several hundred investors offering small amounts, or by one large financial organisation offering you the whole amount.

Your loan can fund over a period of up to 14 days, although most loans fund in just a few days.

 

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