Partnership with Waterfall Asset Management

Funding Circle Holdings plc has announced a significant new £700 million forward flow commitment from Waterfall Asset Management over two years, with senior financing from Citi, alongside Waterfall's purchase of a c.£120 million existing loan portfolio. This transaction transitions Funding Circle's shorter-term loan product from balance sheet to institutional funding, aligning with its strategy to scale successful R&D propositions. The deal deepens the long-standing partnership with Waterfall, which has previously lent over £3 billion through Funding Circle, and strengthens the company's position as a platform lender, enhancing its capacity to meet SME demand for fast, flexible credit.