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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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Had a great day at the @NACFB Expo, working with our broker partners and intermediaries to provide financial soluti… https://t.co/9eGgVZzC7g
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Our friends @Folk2FolkUK are running sessions on advice and support on obtaining #LEADER #grants and alternative… https://t.co/m4juO6xB7S
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Thanks to our corporate sponsors for their support @Folk2FolkUK @EBC_Group @BoleroVenues @afhwealth. Thanks to… https://t.co/3QSNi4yMBx
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Atop the Beacon this morning. Final long training walk. Not long now til #3peakschallenge. Thx to our sponsors … https://t.co/bV2kR8rAdX
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Who’s still in bed? @SandersFitness_ @CBCharteredAcct @janenewmanfp @Folk2FolkUK @BoleroVenues @Giles_Cross… https://t.co/OwOEsS7I65
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It's Day 2 of the Royal Three Counties Show in association with @jcbpaint and it's set to be another great one! Som… https://t.co/9nUjwsNW98
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On this Sunday's #countryfile Sir James Dyson doesn't hold back as he reveals his vision for future farming to… https://t.co/NQ1tFun76D
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Looking to diversify your farm income? Join one of our 'Unlocking LEADER Funding in Cornwall' seminars this month,… https://t.co/kTzBAGLodt
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Lovely piccie for a Friday afternoon: Mountain and Moorland Ponies at The Three Counties Show! @3countiesshows… https://t.co/0MDg9fQtSm
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@AdamHenson from @BBCCountryfile catches up with our Head of Farming, Ian Bell! #TheLocalLendingMovement… https://t.co/BkKYH8c8w7
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