FAQs for Investors

Lending

• Why did Funding Circle scale down new property development lending?
• Who can become an investor at Funding Circle?
• How much can I lend?
• How do I become an investor and how do I lend?
• Who can I lend to?
• What happens to repayments from the businesses I lend to?
See all 13 articles

The businesses you lend to

• Who are the businesses I am lending to?
• How are the businesses I am lending to assessed?
• Can I see which businesses I am lending to and when their loan started?
• What security can Funding Circle hold on property finance loans?
• Is there a minimum loan amount for non-limited companies?
• Who are non-limited companies?
See all 10 articles

Repayment of loan parts

• ★ What happens if a borrower misses a payment?
• What happens if a property loan is late?
• When do I receive my principal back if I lend to a development loan?
• How will property investment loans be refinanced at the end of the loan term?
• How will repayments work on a property loan?
• One of the businesses that I have lent to is about to enter a Creditors’ Voluntary Liquidation procedure. What shall I do?
See all 28 articles

Tax

• Can I lend if I am a resident in the Channel Islands or the Isle of Man?
• Can I lend via a Self Invested Personal Pension (SIPP)?
• What are the tax consequences of lending as a business?
• What are the tax consequences of lending as an individual?

My account

• Setting up a nominated bank account
• How do I download my bank statement online?
• I wish to make a complaint, what are the next steps?
• What does it mean to be a Retail Client?
• What happens in the event of an investor’s death?
• How do I close my account?
See all 12 articles

Buying and selling loan parts

• What does it mean if a loan has no risk band?
• What is accrued interest?
• Are there any restrictions on loan parts that I can sell?
• Can I withdraw a loan part that has been put up for sale?
• How much will my loan parts be sold for?
• Why do I have negative interest?

Refer a friend promotion

• Where can I find the terms and conditions to the offer?
• How will the Amazon.co.uk Gift Card be paid to me?
• My friend has transferred over £2000; when will we receive our Amazon.co.uk Gift Cards?
• By what date do I need to have met the qualifying transfer amount?
• I have been referred by two different people, who will be eligible for the Amazon.co.uk Gift Card?
• I set up an account before my friend referred me, am I still eligible?
See all 9 articles

Phishing

• Upfront fees
• What should you do if you suspect phishing
• How to recognise phishing
• What is phishing?
• Jurisdiction

Mobile App

• Do you have an app for Android too?
• Do you have an iPad app and is it different?
• What happens if my mobile gets into the wrong hands, could my funds be taken?
• What can the app not do?
• Who do I speak to if I find a bug on the app?
• How can I get the app and do I have to pay?

Glossary of terms for property loans

• AST or Assured Shorthold Tenancy Agreement
• Tenancy agreement
• Annual rental uplift
• Net lease
• Property Specialist
• Refinance risk
See all 22 articles

WHOLE LOANS

• What are ‘whole loans’?
• How will whole loans work?
• Who will be lending?
• Will this lead to fewer lending opportunities for individual investors?
• Will investors be able to sell whole loans on the secondary market?
• How are the rates set for whole loans?
See all 7 articles

The ISA account

• What businesses will I lend to through a Funding Circle ISA?
• Can I transfer my existing ISA subscriptions to a Funding Circle ISA?
• What businesses will I lend to through a Funding Circle ISA?
• Can I transfer my ISA to another provider?
• What is the Innovative Finance ISA?
• Who can open a Funding Circle ISA?
See all 18 articles