FundingKnight was founded in 2011, and to date has lent over £31 million to small businesses across the UK.
The site matches lenders to UK businesses looking for anything from working capital and bridging loans to green energy projects. Terms are typically 6 months to 5 years for amounts ranging from £25,000 to £1million, either secured or unsecured.
FundingKnight has no provision fund to cover investors.
*This is the average net interest rate (after estimated defaults and before tax) of all new loans listed on the platform in the three month period ended on 31st of July, 2016, assuming that an equal amount had been invested in each loan.