Starling Lending £300m Million under CBILS through Funding Circle Partnership

The strategic partnership is intended to increase funds available to smaller firms during the current pandemic; Starling is lending via Funding Circle alongside other institutional investors; recently both Funding Circle and Starling were received approval to participate in the coronavirus business interruption loan scheme (CBILS); Anne Boden, CEO of Starling stated, “This partnership with Funding Circle provides us with another outlet, on top of our own CBILS and bounce back loan scheme (BBLS) lending, to help meet the needs of business owners affected by coronavirus…It’s a great example of the fintech industry pulling together to meet a very urgent need.” P2P FinanceNews

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