Loans (US)

How to apply for the Funding Circle Business Loans?

If you're looking for reliable and fast loans for your small business, you can read on to learn how to apply for Funding Circle Business Loans!

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by Victória Lourenço

Published on 10/12/2022

Funding Circle Business Loans application: funding in as little as 48 hours!

Learn how to apply for a business loan easily. Source: The Mister Finance.
Learn how to apply for a business loan easily. Source: The Mister Finance.

Funding Circle is worth checking out if you’re a business owner looking for a hassle-free loan. And you can learn how to apply for Funding Circle Business Loans in this post!

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Business Loan

Funding Circle

variety affordable

Funding Circcle has many affordable loan options for your small business.

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Also, this lender offers loans up to $500,000 with no prepayment penalties, and the application process is quick and easy.

Plus, you can get your money in as little as one business day in some cases. So, if you need some fast cash for your business, look no further than Funding Circle!

Moreover, you can apply online and get a quick response in most cases. So, keep reading to learn how to apply for Funding Circle Business Loans!

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Online Application Process

The Funding Circle application process to get a business loan is entirely online. Source: Freepik.
The Funding Circle application process to get a business loan is entirely online. Source: Freepik.

You can easily apply online for Funding Circle Business Loans. All you need to do is fill out an online application form with your information and your business’s information.

However, you should know that you must fit the requirements to qualify for the loan options. And most of them are a bit hard to meet.

For example, to get an SBA loan, you’ll need a minimum annual revenue of at least $400,000.

But after you check if you meet the requirements, you can easily apply and get a fast response about your approval.

Application Process using the app

The Funding Circle mobile app is only currently available for investors. So you’ll need to apply online.

Funding Circle Business Loans vs. Quick Cash Capital

Are you looking for a different lender option for your business than Funding Circle? If so, you can try researching more about Quick Cash Capital.

With this lender, you’ll be able to get capital for your business in as little as on the same day of loan approval. Moreover, there is a fast and easy online application.

So, read our comparison table below to understand more about these lenders!

Funding Circle Business LoansQuick Cash Capital
APR*The APR varies according to the borrower’s creditworthiness, loan terms, and loan amount.
For SBA loans, there is a flat 6% variable interest rate (current prime rate + 2.75%).

*Terms apply.
N/A.
Loan PurposeBusiness term loans, SBA loans, lines of credit, and more.Small Business Finance
Loan Amounts*Bussines term loan: From $25,000 to $500,000;

SBA loans: From $50,000 to over $500,000;

Business lines of credit: From $5,000 to $250,000.

*Terms apply.
$20,000 to $500,000.

*Terms apply.
Credit NeededFunding Circle Business Loans require a good credit score (for some loans, the minimum score is 650 FICO score).You can have a chance of applying even with a low score.
TermsBussines term loan: From 6 months to 7 years;

SBA loans: Up to 10 years.
Up to 36 months for small business finance.
Origination FeeThere may be some origination fees depending on the loan.N/A.
Late FeeThese fees will depend on the loan terms, loan amount, and the amount that is late.N/A.
Early Payoff PenaltyThere are no early payoff penalty fees.N/A.

Quick Cash Capital is a good option if you’re looking for a loan. The following content will give you a full review of Quick Cash Capital’s features, pros, and cons.

quick cash capital

Quick Cash Capital review

In this Quick Cash Capital review, you will discover how to get working capital solutions to grow and expand your business. Keep reading to learn how it works.

About the author

Victória Lourenço

Victória Lourenço is part of the finance writer team for The Mister Finance website. She is a translator and copywriter, having worked on finance topics for over four years. She has a goal to keep studying finances to help people learn more about how to use their credit cards, make loans, and use other money-related products in a way that they can find a more meaningful and healthy financial life!

Reviewed by

Aline Barbosa

Senior Editor

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