Member News: Funding Circle US Partners with Kansas’s Intrust Bank
SME Finance Forum member, Funding Circle, the world’s leading lending platform for small businesses, and INTRUST Bank, a regional bank headquartered in Kansas, announced a strategic partnership to support the growth of U.S. small businesses. The partnership will be rolled out in various stages with the initial phase consisting of INTRUST funding U.S. small business loans originated through Funding Circle. The later stages would include growing the investment with the intention to extend into a multi-year funding program and joint digital and direct marketing campaigns.
INTRUST joins more than 70,000 investors globally – including individuals, financial institutions, government, and the listed Funding Circle SME Income Fund – who have provided $5 billion in transparent and affordable financing to more than 40,000 businesses through Funding Circle, creating 100,000 jobs*. Through the partnership, INTRUST will support access to credit for hundreds of U.S. entrepreneurs, spurring job creation and boosting the American economy.