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Funding Circle Review

    Chris Motola
  • 8 comments
  • Updated on:
Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.
Chris Motola

Chris Motola

Expert Analyst & Reviewer at Merchant Maverick
An expert in personal and business loans and financial health, Chris Motola has been writing about small business finance and payments for over 5 years. He has been cited in various industry publications, including Forbes Advisor, GoBankingRates, and Medium. Chris is a graduate of the University of Central Florida.
Chris Motola
View Chris Motola's professional experience on LinkedIn.



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Funding Circle



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After hours of in-depth research and evaluation, we can confidently recommend this brand to our readers. Get started today and see Funding Circle for yourself.

The Merchant Maverick Seal of Approval 🏆

Funding Circle



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After hours of in-depth research and evaluation, we can confidently recommend this brand to our readers. Get started today and see Funding Circle for yourself.

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8 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Customer Service

    Organization Name: J-Corder Luxury Audio

    Terrible predatory and criminal lending practices. They will float payment checks purposefully in order to charge bogus interest and late fees. I started sending payments via B2B wells Fargo to prove when they cashed them. Caught them red handed on multiple occasions not posting my payments for several days after receiving cash from my bank. Then they would claim I was late and bill me for late fees. When COVID interest rates dropped they refused to lower rate. Then they refused to send payoff statements when we tried to get away from them. Then they cashed pay off check and billed me a late fee for not paying my paid off loan on time. What?!?!?!Total scumbags!

    1
    • Organization Name: J-Corder Luxury Audio
    Todd Dixon

    Organization Name: TTF, LLC

    I will be happy to update this review IF I CAN GET ANYONE to answer my calls or emails at Funding Circle. Have done 2 rounds of PPP, and am trying to fill out their online application for forgiveness, have found a mistake in their application that does not allow me to finish, or edit, the application. It has been 6 days and calls and emails, to multiple people, including my Account Rep, have gone unanswered. Funny, when I was applying for the loan they got back to me pretty quickly, but now that I need their help and they have already made their $$$$? Crickets, nothing. REALLY frustrating.

    1
    • Organization Name: TTF, LLC
    Todd Dixon

    Organization Name: TTF, :LLC

    Update, they did get back to me and we were able to complete the forgiveness application. There is still a bug on the application when you qualified under an 8 week, then were funded on a 24-week lookback for PPP, but we were able to get it finished. Had a positive experience on getting the funds, but did have that delay with communication. Our PPP loan more that qualifies for forgiveness based on our criteria, just waiting to hear back officially. Would upgrade to a 3 or 4 star at this point instead of the original 1 star.

    • Organization Name: TTF, :LLC
    Jade White

    These guys are unresponsive, unreliable and incompetent. They do not respond to questions and their process makes no sense. Very disappointed to have wasted so much time with trying to apply for a ppp with them. What a mess.

      Steve Hingtgen

      Unprofessional. We applied for.working capital. Declined, which is understandable. But we were never notified we were declined and I asked kindly for feedback numerous times from two people and got no response. We have been declined elsewhere very professionally. Immediately after that experience we successfully received funding through PayPal Business Loan.

      1

        This comment refers to an earlier version of this review and may be outdated.

        K. Letus

        Organization Name: RLS

        I had the exact same experience as Cornelia Christoffers. Baited with advertisement for a low interest rate, did not disclose origination fee until weeks into the process just as the papers were being drawn. I had good business and personal credit and they put me at 15.87%, with a 7% origination fee. Fed info about the loan in bits and pieces. Just awful. I wouldn’t recommend them to anyone.

        • Organization Name: RLS

        This comment refers to an earlier version of this review and may be outdated.

        K. Foran

        7% Origination!!!??? Whoa! Mind blowing that the SBA would associate themselves with ANYONE charging that kind of percentage to originate the loan. I provide funding solutions (as a broker) for investment real estate for a living. That is predatory lending at its finest. Shocking!

          Cornelia Christoffers

          Funding Circle: Bad Business ! Advertised loans up to EUR 60.000 with interest rates starting at 1.69%. My Credit Score is 95.62% of 100% and I inquired about a EUR 25.000 loan. They offered an interest rate of 13.49 % ! What a joke !!!

          1

            This comment refers to an earlier version of this review and may be outdated.

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