Funding Circle response to “Don’t use if you want to take your money out later”

Hi there,

Thank you for posting a review.

We are sorry you have not enjoyed your investment with Funding Circle so far. Peer-to peer lending should be viewed as a mid to long term investment with the secondary market being a feature of our platform. However, accessing funds in this way is not guaranteed as it is dependent on there being investors available to buy loan parts from you.

As a regulated platform we are required to ensure investors are purchasing loan parts at fair prices. This means taking into account the wider economy and how it might impact the businesses you lend to.

With the current situation presenting some significant unknowns we are obliged to be prudent and pause the market while we continue to assess the situation. However, you are still able to withdraw your monthly repayments made by the businesses you’ve lent to.

If you would like to discuss any of the points raised, or your account in general, please give us a call on 0800 048 2467 or send an email to contactus@fundingcircle.com.

The Funding Circle team.