|« RateSetter rebranding||Crowdfunding vs P2P lending »|
Funding Circle 1.5% cashback
Funding Circle have yet again pushed the boat out to offer 1.5% cashback on new loans.
August is shaping up to be a fantastic month – the sun has returned, Team GB is going for gold at the Olympics and it’s our second birthday!
To kick off the party we're giving away 1.5% cashback* - simply lend to any new loan requests listed on the marketplace before 17th August 2012. With the gross yield averaging 10.5% for the last month's auctions**, adding cashback on top is going to mean a great birthday month for everyone!
This is in addition to the current £40 cashback offer if you sign up before the end of July, and lend £1000 or more by the end of September. Terms and conditions apply.
Today there rates available today in excess of 13% on the secondary market (although those don't qualify for the cashback offer) and some recent loans have seen rates in excess of 14%. Now is a great time to be a lender.