Funding Circle is great for retirees who need to supplement their pension. Funding Circle has been trading since 2010 and is a lending marketplace that allows investors to lend money directly to small and medium-sized companies.

Funding Circle was founded in 2010 by James Meekings, Samir Desai and Andrew Mullinger. The normal RoI can be as high as 7.9% which is a lot better than many Hedge Funds. The way they process defaults is a lot better than some banks. When a lender defaults, Funding Circle will reduce the payments allowing the borrower to recover. Often the business is able to return most of the capital.

Funding Circle was the first business to allow peer-to-peer lending for businesses in Britain and now operates in the Netherlands, Germany, US & UK. Funding Circle has facilitated over £5,000,000,000 in loans to SMEs as at June 2018.