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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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Only 1 week to go until the @FARMA_GB Conference in Oxford. Come and see us at stand A2 and learn more about how… https://t.co/trdWxG09lT
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#TuesdayThoughts "Meet the Future: Smart Labelling for Your #Business" Thanks to @PunchlineGlos @cthayers… https://t.co/BULEoSgQH6
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Who doesn't love a British holiday? Especially when it's in #Cornwall! Read Martin's story of how he transformed hi… https://t.co/6MPjZMCfYN
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Enjoy racing? Join us at Garthorpe for the Cottesmore meeting on Sunday. @Folk2FolkUK sponsoring the Midlands Area… https://t.co/5HMWbQbp8r
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We're #recruiting for two Independent Non Executive Directors to join our Board. The first position is for someone… https://t.co/gr9AA68YUF
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We're thrilled to be sponsoring the 'Best Independent Retailer' award! Get your nominations in! #FOLK2FOLK #CLFDA https://t.co/ktZhBQC04n
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A wonderful Spring day in Cornwall. Perfect weather for calving and lambing. Potato planting and daffodil picking i… https://t.co/zy1JPReeI3
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A lovely sunny day for our @McintoshGibbs and @ThayersClaire at Stow on the Wold Farmers Market Today supporting lo… https://t.co/J99EHpTiZY
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Delighted to support my new @Folk2FolkUK colleague Rachel Thomson at her Penzance Business Breakfast. Well done Rac… https://t.co/DTpUicjMJx
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#ThrowbackThursday to the first @EnergyRuralBizz which took place last week. Who made it to the event and what did… https://t.co/MgE3QM4qzI
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