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Folk 2 Folk
General
Founded: 2013
Type: Peer-to-Peer (P2P) Business Lending
Peer-to-Peer (P2P) Business Lending - geography: United Kingdom
CO. no.: 653790
Regulation
Regulated as of: 2014
Regulator: Financial Conduct Authority
Regulation: Interim Permissions: Credit brokerage and Peer to Peer Lending
Social
Description
Folk2Folk is one of the UK?s largest peer-to-peer lenders to business in the UK and is focused on local lending by introducing funding to Borrowers typically sourced from within their community.
With a friendly, high street presence, Folk2Folk offers straightforward interest-only lending to businesses looking for a minimum of Ł25,000 at a fixed rate of 6.5%. All loans must be secured against property (but not primary residence) and up to 60% of the value of the security may be borrowed.
There is no maximum age limit and Borrowers are able to receive a decision within 24-48 hours and access the funds they need typically within just 7-10 days from application. Borrowers and Lenders can choose the term between 3 months and 5 years.
Website
Founders Folk 2 Folk
Founder and Director, Louis Mathers
Type: Entrepreneur
Description: Louis is a co-founder of Folk2Folk and is responsible for IP protection, brand related issues, marketing sign off and public relations, as well as legal oversight.
Tweets by Founders, Employees & Folk 2 Folk
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@AGBGGlos @Folk2FolkUK @gloucesterrugby Great fun as always. Thanks for the opportunity! #MerryChristmas… https://t.co/gmoUktzO7J
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We would like to wish @Edward_Buckland and the team a huge congratulations on celebrating their 10 year anniversary Today!! 🥂
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Hearing from @Folk2FolkUK about their picture of a collaborative #folkeconomics future for the betterment of societ… https://t.co/qfrxuZtMxE
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A lovely Christmas Lunch surrounded by local businesses and charities discussing #FOLKONOMICS and the power of… https://t.co/IsQ02sCnXx
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Just 1 hour left to put your Application in for the Devon and Cornwall 2019 Venus Awards @Folk2FolkUK Follow the li… https://t.co/xavlD5KU1o
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Just 15 hours left to put your Application in for the Devon and Cornwall 2019 Venus Awards @Folk2FolkUK Follow the… https://t.co/OPamby0ewd
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We had a lot of fun at the @HW_Chamber Casino Royale themed Christmas Dinner for business leaders. Thank you for a… https://t.co/Sl6iPZ7Kc8
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#ThrowbackThursday to the launch of the @midcountiescoop Food Glorious Food competition last week. This is aimed at… https://t.co/1qdemptPuR
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@rachaelreeves18 @FIAwards Thanks Rachael! X
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Congratulations to our friends at @CornishAccounts https://t.co/vTvjSiuWr4 via @biz_cornwall
Relevant News for Folk 2 Folk2
Leading Westcountry peer-to-peer lender Folk2Folk has announced the appointment of a new local team at its Midsomer Norton branch.
With a focus on keeping money local and within the county, the Launceston-based firm offers a straightforward way for people to invest money in local business whilst benefitting from a competitive interest rate.
Folk2Folk appointed Jane Dumeresque as CEO to help grow the business and expand its successful model around the country.
Events with Folk 2 Folk
| Company (click) | Event | Date | Location |
|---|---|---|---|
|
LendIt Europe | 20 Oct, 2015 | London, United Kingdom |
Address Folk 2 Folk
Folk 2 Folk13 Westgate Street
PL15 7AB Cornwall
United Kingdom