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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 £25,000 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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It’s #FeedbackFriday! Thrilled to hear our Lenders are pleased with the service from #FOLK2FOLK. Capital at risk. N… https://t.co/KBveeIhwsV
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Read through one of the latest projects our Lenders helped fund, luxury apartment in the seaside resort of… https://t.co/LQFfjAgYzT
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Learn more about #FOLKONOMICS by watching the short clip below! Or find out more here: https://t.co/y3rjVen2DL… https://t.co/xqxRz3584e
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@joneddyreynolds Hi John, it's marketing@folk2folk.com. Kind regards.
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Boost your monthly income and open up a new world of opportunities by earning typically 6.5% p.a. with our IFISA. N… https://t.co/2lmG6EaTLi
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Thanks so much for including us @Folk2FolkUK So important to #supportlocal 😀. #SmallBusinessSaturday https://t.co/5EdIuG5ugN
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Tomorrow is #SmallBusinessSaturday! We’d like to shout out some other fab small businesses in our hometown of… https://t.co/szUmsdDYJh
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Cracking Bull calf from PH Collins takes @Folk2FolkUK Christmas Championship at @KivellsAgri Holsworthy Market this… https://t.co/01OwWBQ3kR
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Ho ho ho, it’s Christmas @KivellsAgri Holsworthy Market @Folk2FolkUK proud to support our farmers selling in today’… https://t.co/dj6QYAQRzI
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Thank you @Folk2FolkUK for such a lovely start to the #festiveseason and congratulations to the @RoyalAgUni student… https://t.co/hF4RMXLXfF
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