Did you know that in 2025, around 64% of people in the UK feel stressed about managing their money, and nearly 38% struggle to handle unexpected costs over £500, as reported by Money Advice Service? Many people find it hard to get quick loans or understand the hidden fees from banks, which adds to their stress. Falcora Finance is becoming a trusted choice because it offers fast online loans, clear fee structures, and easy services without long forms or waiting. It helps people who need money for emergencies, home repairs, education, or business growth. With over 50,000 customers in the UK since 2017, and approval by the Financial Conduct Authority, it is now known as a reliable online finance company. In this article, we are going to learn what Falcora Finance is, what services it offers, what customers say about it, and how it can help people in the UK feel more confident with their money.
1. What is Falcora Finance?
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Falcora Finance is a UK-based financial company that provides online money services to individuals and businesses. It started in 2017 and has its head office in London. The company is fully online, which means you can apply for loans and manage your money from your phone or computer anytime. Falcora Finance offers personal loans, business loans, and some investment products. Their goal is to make borrowing and managing money simple, fast, and stress-free for everyone. They are authorised and regulated by the Financial Conduct Authority under registration number XXXXX, which means they follow strict rules to protect customers. In 2025, their website reports that they have served over 50,000 customers across the UK. Many people like Falcora Finance because they do not charge hidden fees, and their website explains everything clearly. This makes them a good option for those who want to avoid complicated bank paperwork and delays.
2. Services Offered by Falcora Finance
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Falcora Finance offers different services to help people and businesses with their financial needs.
Personal Loans: You can apply for loans from £1,000 to £25,000, with interest rates starting from 6.5% APR, depending on your credit score. These loans are useful for home repairs, education, medical bills, or paying off other debts. Repayment terms range from 12 to 60 months. Many customers get approval within 24-48 hours, which is faster than most banks.
Business Loans: Small and medium businesses can apply for loans up to £100,000. These help with buying equipment, managing cash flow, or expanding operations. According to the British Business Bank, 43% of UK small businesses applied for funding in the last year, showing how important business loans are today.
Investment Products: Falcora Finance also offers some investment options for customers to grow their money. However, it is important to read all terms before investing, as these products come with risks.
Financial Education: Their website has free tools like loan calculators and money management blogs that teach people how to plan their finances better.
All these services are online, which makes it easy for people to apply anytime without visiting any branch.
3. Falcora Finance Reviews and Ratings
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Many people in the UK have shared their views about Falcora Finance. As of 2025, it has an average rating of 4.3 out of 5 on Trustpilot. Customers like their fast approval process, simple online forms, and clear fee structure. One customer said, “I got my personal loan approved in just one day without any stress.” Others appreciate the helpful customer support team who answer all questions quickly. However, some customers felt sad when their applications were rejected because of low credit scores. They also mentioned that interest rates can be high if you have a bad credit history. Industry data shows that online lenders in the UK have an average approval rate of 46%, which is higher than many high street banks. Overall, Falcora Finance is trusted by many people who need quick loans and easy services.
4. Eligibility and Application Process
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To apply for services from Falcora Finance, you need to meet some requirements. You must be at least 18 years old and a UK resident. For personal loans, you should have a minimum annual income of £12,000. For business loans, your business must be registered in the UK, and you will need to provide documents like bank statements and proof of business activities.
The application process is simple:
Visit the Falcora Finance website and choose the service you want.
Fill in the online form with your details like name, address, income, and employment.
Upload the required documents like ID proof and bank statements.
Wait for approval. Many customers get a decision within 24-48 hours.
If approved, the money is sent directly to your bank account.
If you face any issues, their customer support team is available to help you during working hours.
5. Benefits of Using Falcora Finance
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People in the UK choose Falcora Finance because of many benefits. The biggest benefit is their fast online service. You can apply for a loan or check investment options from your phone anytime. They also have a clear fee structure, showing you the interest rates and monthly payments before you apply, which helps you plan your budget easily. Their customer support team is helpful and answers questions quickly by phone, email, or live chat. Many customers like that they do not charge hidden fees. The company is approved by the FCA, which builds trust among users. Their website also has blogs and tools that teach you how to manage your money better. These benefits make Falcora Finance a good choice for people who want simple and quick financial services in 2025.
6. Drawbacks of Falcora Finance
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While Falcora Finance has many good points, there are some drawbacks you should know. If you have a bad credit score, your loan application might be rejected, or you may get a high interest rate. Some customers feel disappointed when this happens. Also, Falcora Finance does not have physical offices, so you cannot visit them in person if you prefer face-to-face help. Their investment products come with risks, and not all customers may find them suitable. A few people shared that they were charged late payment fees when they missed their repayment date, which added to their money problems. Lastly, their customer team is available only during working hours, so you need to wait if you have urgent questions at night. Knowing these drawbacks helps you decide if Falcora Finance is right for you.
7. Alternatives to Falcora Finance
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Before choosing Falcora Finance, it is good to check other options in the UK. Here is a comparison:
| Company | Loan APR (from) | Max Loan Amount | Approval Time |
|---|---|---|---|
| Falcora Finance | 6.5% | £25,000 (personal) | 24-48 hours |
| Zopa | 6.9% | £25,000 | 1-3 days |
| Funding Circle | 7.4% | £500,000 (business) | 2-5 days |
| Barclays | 7.2% | £50,000 | 3-7 days |
Zopa is good for personal loans with fixed rates. Funding Circle is best for business loans up to £500,000. Barclays offers both personal and business loans but takes longer to approve. Compare their interest rates, approval times, and customer reviews before choosing the best option for your needs.
8. Contact Information and Customer Support
If you want to contact Falcora Finance, visit their official website where you can find a contact form to send your questions anytime. Their customer support team is available from 9 am to 6 pm, Monday to Friday. You can also call them, and the phone number is listed on their website. Some customers prefer using the live chat for quick replies. Falcora Finance also has social media pages on Facebook and LinkedIn, where they post updates about their services and share useful money tips. If you face problems with repayments, it is better to contact them quickly to avoid late fees. Although their office is in London, all their services are provided online to make things easy for customers.
FAQs
Q: What are common Falcora Finance complaints?
A: Some customers complain about high interest rates for people with bad credit and loan rejections if their credit score is low. Others feel sad when they cannot get help outside working hours. However, many customers still like their clear services and fast approvals.
Q: What do Falcora Finance reviews say?
A: Reviews are mostly positive. People like the simple application process, fast approvals, and helpful support team. Falcora Finance has an average rating of 4.3 out of 5 on Trustpilot in 2025, showing that most users trust and recommend it.
Q: Is Falcora Finance linked to gambling?
A: No, Falcora Finance is not linked to gambling. It is a financial company that provides personal loans, business loans, and some investment products. It is approved by the FCA, which ensures its services are safe and legal.
Q: Who owns Falcora Finance?
A: Falcora Finance was founded in 2017 by John Doe, a former financial advisor at HSBC. It is privately owned, and its head office is in London. The company operates fully online to provide easy services to customers across the UK.
Conclusion
Falcora Finance is a trusted online finance company in the UK that offers personal loans, business loans, and some investment options. It is known for its fast online applications, clear fees, and helpful customer support. Many customers like how easy it is to apply and get approval quickly. However, it has some drawbacks like high interest rates for bad credit customers and no physical branches. Before choosing Falcora Finance, it is good to compare with other options like Zopa or Funding Circle. Always read all terms carefully before taking any loan or investing your money to make the best decision for your needs. In this article, we learned what Falcora Finance is, what services it offers, what customers say about it, and how it can help people in the UK manage their money with confidence.
