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Funding Circle equity thins

Funding Circle equity thins

Looking over the gloomy first half of 2020, peer-to-peer lending platform Funding Circle (FCH) can legitimately point to some successes. While loan originations understandably cratered in March and April, they subsequently reached record levels after the group was approved to lend through the small and medium enterprise (SME) government guarantee schemes in the UK and US. In its home market, the group has provided around a fifth of CBILS loans by volume, and £1.2bn by value.

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