Year Founded: 2010
Location: San Francisco, CA
Zip Code: 94111
Full-Time Employees: 51-200
Type of Company: Private
Target Markets: Business to Business
Category: Finance & Investment
Sources of Revenue: Not reported by company
Areas of social impact: Not Available
Approximate number of sources of government open data: 101+ Agencies/Local Governments/Organizations
Funding Circle USA is an online loan marketplace that connects small businesses looking for up to $500K with investors. Funding Circle was founded with the mission of addressing by connecting investors with small businesses to the benefit of both.
People lend small amounts to multiple creditworthy businesses to spread their risk. In turn, those businesses borrow from a multitude of people through an auction mechanism to get a lower interest rate. Lenders are able to loan specifically to businesses in their community or businesses that meet certain criteria, such as being environmentally friendly.