Long – Term Loan by Funding Circle

Long – Term Loan by Funding Circle

Funding Circle provides a term loan at low rates with a fast and simple process, so you can get back to running your business. Funding Circle is a leader in transparency – no charge to apply, no hidden fees, and no prepayment penalties. Their terms range from 1 to 7 years and are paid down monthly, not daily or weekly. Rates start as low as 4.99%. Funding Circle helps merchants build business credit. They report back to both Experian & D&B and open trade lines on good payment history. Funding Circle works with All Entities Types, including Sole Proprietors. They can also help Sole Props start their business credit profile by opening up their first business credit trade line.

Nav's Verdict

3% Complete
Effort to Apply
3% Complete
Funding Speed
2% Complete
Repayment Terms
6% Complete


Bottom Line

Alternative option for those seeking longer terms, but don’t want to go through their bank. . The rates are more expensive than banks, but lower in cost compared to other quick cash flow loan / merchant cash advances alternatives.


Fast online application. Terms are comparable to a Bank Loan and Compete with SBA 7(a) Loan. No hard credit pull. Reports payments to business bureaus.


Requires a personal guarantee and more documents. Harder to get an approval

Qualification requirements

Term Lengths

Click through the offer to select your pre-qualified term length (6 month term to 84 month term available)

Time in Business

Minimum 2 years in business or qualified franchises.

Other Requirements

No prior history of bankruptcies, current tax liens, judgments or criminal activity

11.67% - 25.34% APR
Repayment Terms
Monthly up to 84 Months
Funding Amount
$25,000 - $500,000
Origination Fee
1.99% - 5.99%
Funding Speed
3 days
All digital


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