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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If you're going to the @Farm_Innovation Show next month & would like to chat about financing your farm diversificat… https://t.co/EE2Igh7CgQ
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Last Investing Summit of 2021 for #WealthManagers #IFAs & #Investors Tune in to hear our MD discussing… https://t.co/ULJhrRuJ9O
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Read the full feedback here: https://t.co/uaVZwqx9qX #Investor #ResponsibleInvesting #FOLK2FOLK #CustomerFirst https://t.co/mj0URV2Cqj
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All ready for the Dairy Show tomorrow. Stand 168 in The Mendip Hall. Please come and talk to us and find out how we… https://t.co/itPqAUlAlL
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We're looking forward to this! We'll be taking part in a discussion about Ethical Investing - a topical subject wel… https://t.co/1wiwIC8ZJJ
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⌚️ Short on time and not able to join our latest #HelpfulFOLK webinar? Don’t worry! You can watch the video recordi… https://t.co/erENOKOlar
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🔬 Our expert speaker for our next #HelpfulFOLK webinar is Aled Rhys Davies who will explain how changes in animal… https://t.co/Zb4Aj4Ziy1
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*Livestock farmers and advisors* is our #HelpfulFOLK webinar in your diary this Thurs 11.30am? Learn about the… https://t.co/mTATwyQDs8
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Come and meet us at The Dairy Show next Weds at the Bath & West Showground. Find out about our upcoming webinar whi… https://t.co/mngjpYKpDw
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This Thurs we'll be exhibiting at the @NACFB Commercial Finance Expo at the NEC in Birmingham. If you're going to… https://t.co/paAn0nBrTI
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