Although it can seem convenient to go to your regular bank when you need a loan, it more often than not pays to shop around.

Independent research* has found that more than 90% of businesses would come to Funding Circle first in future, ahead of a bank. If you already bank with TSB, you can arrange a loan through your internet banking or you can call 03459 758 758. Through Funding Circle, businesses typically access the capital they need in less than a week compared to 15-20 weeks with a bank. Apply in branch Your local branch will be happy to help you apply for our Loan.

Lines are open 8am10pm seven days a week. If you have a credit card, mortgage or existing loan with us, call us on 03. Over the last six years more than $2.5 billion has been lent to 20,000 businesses across the UK, USA, Germany, Spain and the Netherlands. If you hold a Lloyds Bank Current Account, call us on 03. Launched in 2010, Funding Circle is helping to spark a global revolution in the way small businesses access finance, disrupting the traditional model of banking. Our easy to use loan calculators can let you know your monthly repayments and help you plan your next big. Eric’s deep experience and knowledge of global financial services will be integral to us as we continue to work towards fulfilling this vision.” He is Principal and Senior Adviser at Stormharbour, Senior Adviser to CVC Capital Partners, Non-Executive Director at Russell Reynolds Associates, Board Member of the Smithsonian Tropical Research Institute and a Trustee of the Smithsonian UK Charitable Trust.Ĭommenting on today’s news, Samir Desai, CEO and founder of Funding Circle said: “When we first launched Funding Circle our vision was to create the infrastructure – similar to a stock exchange or bond market – where individuals, financial institutions and governments could all lend to creditworthy small businesses. I’m looking forward to working with the team as we continue the next stage of our growth.”Īlongside his role at Funding Circle, Daniels holds a number of other senior advisory positions. Their commitment to helping small businesses across the world to access the finance they need to grow is bold and exciting. Speaking about his appointment, Eric Daniels said: “I’ve been hugely impressed by what the team at Funding Circle has achieved over the last six years. He became Chief Executive of Lloyds TSB in 2003 before retiring as Chief Executive of Lloyds Banking Group in 2011. In 2001, he joined Lloyds and was appointed to the Board as Group Executive Director with responsibility for the retail banking division.

Daniels joins with immediate effect and brings with him more than 40 years’ experience in global banking and financial services.ĭaniels began his career with Citibank where he spent 25 years and held a number of key managerial positions across a range of businesses and countries. Funding Circle, the world’s leading lending platform for business loans, today announced that Eric Daniels, former Chief Executive of Lloyds Banking Group will join the Funding Circle Board as a Non-Executive Director.

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