Funding Circle partners with software provider to offer easy access to loans
Funding Circle has partnered with Senta, a software provider for accountants, to make it easier for their customers to apply for business loans.
Accountants and advisers who use Senta’s cloud-based practice management software will be able to help their small and medium-sized business customers apply for either a Funding Circle loan or a government-backed loan.
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Funding Circle has supported more than 120,000 businesses with over £13bn in financing. It says it takes an average of 10 minutes to apply for a loan on its platform and an hour to get a decision.
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In a statement, Funding Circle said: “Enabling Senta accountants and advisors to offer our application to their clients makes it easy for small businesses to apply for business finance.
“Partnerships like this allow us to support even more small businesses, and we’re pleased to be able to offer Senta customers the same hassle-free experience they’d get when applying directly on our website.”
Accountants and advisers will be able to access a Funding Circle application directly from their accounts. They will have instant view of all eligible clients, as well as guides through the application process with pre-built checklists and emails.
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