Funding Circle achieves Silver Fair Payment Code accreditation

SME lending platform Funding Circle has been awarded the Silver Fair Payment Code accreditation, a recognition that reinforces its commitment to ethical payment practices and supporting small businesses across the country.

The Fair Payment Code, overseen by the Office of the Small Business Commissioner, sets strict standards for fair, prompt and transparent payment behaviour. Achieving Silver status signals that Funding Circle consistently meets high benchmarks in paying suppliers on time and communicating clearly throughout the invoicing process.

The accreditation requires that at least 95% of all invoices are paid within 60 days, including 95% of invoices to small businesses within just 30 days, in line with the Code’s core principles of being Clear, Fair and Collaborative.

In a challenging economic environment where cash flow remains one of the biggest concerns for business owners, prompt payment plays a critical role in helping SMEs operate, grow and invest with confidence.

“At Funding Circle, we back small businesses, and that commitment extends beyond the finance we provide — it’s built into how we operate as a business,” Jacobs said. “Securing the Silver Fair Payment Code accreditation demonstrates our deep commitment to supporting SMEs. We know how much timely payment matters to our suppliers, many of whom are small businesses. We’re proud to lead by example in the UK Fintech sector.”

“I am delighted to award Funding Circle with the Silver Fair Payment Code accreditation. By committing to these standards, Funding Circle is sending a clear message that they value their suppliers and understand the critical importance of healthy cash flow for small businesses,” she said.

“Late payments remain one of the biggest challenges facing the UK’s SME community; seeing a leading finance platform champion fair and transparent payment practices is a vital step toward building a more supportive and sustainable economic environment.”