Funding Circle Securities facilitates investments in small business loans

Many small businesses lack access to capitalDue largely to the cost of increased capital requirements andintensified regulatory scrutiny, banks have shi�ed away from o�ering business loans under $1 million in size.1

Secured lending to quality borrowers

Term (months) Gross Annual Coupon Rate

12 5.49% - 18.29%

24 7.99% - 20.79%

36 8.99% - 21.79%

48 9.79% - 22.79%

60 10.49% - 18.29%3

Funding Circle USA’s marketplace provides access to secured small business credit investment opportunities. All loans are prescreened and assigned a risk rating (“FC Rating”) and coupon rate by Funding Circle USA’s underwriting team. Loans range in size from $25,000 - $500,000.

The FC Ratings do not constitute a recommendation by Funding Circle USA or Funding Circle Securities, LLC and do not constitute a representation as to the amount of paymentan investor will actually receive, or the likelihood of payment defaults occurring on any particular Note or loan. There can be no assurance as to the adequacy of the guaranteesand/or collateral provided for any loan corresponding to a series of Notes. For a complete summary of risks associated with investing in Notes, please refer to the o�eringmaterials of Funding Circle Notes Program (the “O�ering Materials”). FC Ratings do not correspond or relate to similar ratings or classifications of Standard & Poor’s, Moody’s, orany other ratings agency.

Portfolio composition

Size of loan (20-80%) : $50,000 - $200,000Age of business (20-80%) : 4 -14 yearsGeographic location : 49 states

Term (months) FC Rating

12 (3.2%)

24 (13.7%)

36 (44.4%)

48 (21.5%)

60 (17.2%)

A+ (2.0%)

A (18.1%)

B (39.5%)

C (33.6%)

D (6.8%)

Key business metricsRanges listed below represent the 20th-80th percentile values of each business metric per corresponding FC rating:5

A+ A B C D

2013 GrossRevenue

$0.69-3.84M

$0.41-2.93M

$0.38-2.47M

$0.31-2.01M

$0.21-1.74M

2013 EBITDA $0.02-0.69M

$0.03-0.25M

$0.03-0.21M

$0.02-0.15M

$0.01-0.12M

DSCR6 1.6x-4.6x 1.3x-3.0x 1.0x-2.0x 0.9x-1.6x 0.7x-1.5x

FICO7 707-791 694-766 670-743 649-715 641-702

Ranges listed below represent the 20th-80th percentile values of each loan metric across the entire marketplace portfolio:4

Credit information of a borrower may be inaccurate or may not accurately reflect the borrower’s creditworthiness. Any such inaccuracies may be manifested in payment defaults on the borrower loans. Credit and FICO scores may be based on outdated, incomplete or inaccurate credit reporting data.

58.2%

-5.6%

19.9%

2

Cumulative growth (%) US business loan balances by loan size

(<$1m and >$1m) and US GDP

Investment Profile 4Q 2015

W : fundingcircle.com/us/invest E : invest@fc-securities.com T : (855) 849-1940

Available assets Notes of all FC Ratings and maturities

Minimum Note size $500

Servicing fee charged to investor on loans 0.083% per month8

Supported account types Institutional, individual accounts and IRAs

Ways to invest

1) Browse & select investmentsInvestors who wish to actively select individual portfolio investments can participate via our online marketplace. Here, investors browse and purchase Notes issued by Funding Circle Notes Program.

2) Enroll in automated investing

The Funding Circle Marketplace

Investments via traditional or Roth IRAs are welcomeFunding Circle USA welcomes investments via traditional or Roth IRAs. To learn more about how to invest with a tax-advantaged account, please contact the Funding Circle Securities team.

Investors can set their desired investment criteria for Notes and automatically build their portfolios. To learn more, contact the Funding Circle Securities team.

Contact us to get startedPlease call us between 8:00am and 6:00pm PT at (855) 849-1940 or email invest @fc-securities.com to get started.

Sign up onlineTo begin our onboarding and accreditation process, visit Funding Circle Securities’ website today: www.fundingcircle.com/us/invest

Risks & Disclosures :Funding Circle Securities, LLC (“Funding Circle Securities”), member FINRA/SIPC, is owned and operated by Funding Circle USA, Inc. All securities related activities are conducted through FundingCircle Securities. Funding Circle Securities only o�ers investment products and securities of its a�iliates, and such products and securities are not publicly traded and may be subject to holding periodrequirements. Securities o�ered through Funding Circle Securities are only suitable for Accredited Investors, as defined by Rule 501 of the Securities Act of 1933, who are familiar with and willing toaccept the high risk associated with private investments. Investing in private placements requires high-risk tolerance, low liquidity concerns and long-term commitments. Investors must be able toa�ord to lose their entire investment. Carefully consider the investment objectives, risk, charges and expenses of any investment product prior to investing.

Investing in Notes involves a high degree of risk. In deciding whether to purchase Notes, you should carefully consider risks inherent in investing in the Notes and risks related to borrower defaults.Such risks related to borrower defaults include, but are not limited to, payment on the Notes depending entirely on payments Funding Circle Notes Program receives on the corresponding businessloan, limited historical data on borrower loan performance and loss rates, loan collections and servicing risks, and inaccurate information supplied by borrower. Any of these risks could have amaterial adverse e�ect on the value of the Notes you purchase and could cause you to lose all or part of your initial purchase price or could adversely a�ect future payments you expect to receive onthe Notes. This list of risks is incomplete and not comprehensive. For a complete summary of associated risks with Notes, please refer to the Confidential O�ering Materials.

No communication contained herein should be construed as a recommendation for any security o�ering. This website provides general and preliminary information about securities o�ered throughFunding Circle Securities and is intended for initial reference purposes only. It is not a summary or compilation of all applicable information and is not complete. This website does not constitutean o�er to sell or buy any securities by Funding Circle Securities. There shall be no o�er or sale of any securities without the delivery of the O�ering Materials. This information contained herein isqualified by and subject to more detailed information in the O�ering Materials.

1 Mills, Karen G., and McCarthy, Brayden. “The State of Small Business Lending: Credit Access During the Recovery and How Technology May Change the Game.” Harvard Business School WorkingPaper, No. 15-004, July 2014.

2 [Lending data source]FDIC: Loans to Small Businesses and Farms, FDIC-Insured Institutions, 1995 - 2014. https://www2.fdic.gov/qbp/timeseries/SmallBusiness&FarmLoans.xls; [GDP data source]Department of Commerce. Bureau of Economic Analysis. GDP Press Release. Table 3.

3 60 month loans not available for most risky FC Rating.

4 Marketplace portfolio includes all loans originated by Funding Circle USA from 3/11/2014 to 9/30/2015 except for loans made to new franchise borrowers (those borrowers with less than 2 years ofoperational history) unless such borrower has provided a corporate franchisor guarantee. Funding Circle USA no longer o�ers loans to a business with less than two years of operational historyunless the business is a franchisee and provides a corporate franchisor guarantee. The FC Rating D was launched in June 2015.

5 20th-80th percentile ranges are listed for each value to exclude outliers on the high and low ends of the spectrum.

6 Debt service coverage ratio (DSCR) is a ratio that describes the amount of cash flow available to meet annual interest and principal payments on debt.

7 FICO score represents the FICO score of one guarantor per each loan originated by Funding Circle USA as of the date the guarantor applied for a Funding Circle USA loan on behalf of the business;loans may have more than one guarantor.

8 The servicing fee is calculated as a percentage of the outstanding principal amount of the loan prior to applying the current payment. For additional information, please refer to the O�ering Materialsof Funding Circle Notes Program.

Investment Profile 4Q 2015

W : fundingcircle.com/us/invest E : invest@fc-securities.com T : (855) 849-1940