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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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Time is money! So don’t delay, make the most of your annual £20k tax-free allowance. Join our community of investor… https://t.co/SXhG0Wviwy
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We're just 1 week away from the @HolsworthyShow. Here's our @IanBellOBE at last year's show presenting the winner o… https://t.co/DBdAUPgXNN
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An interesting read from @AltFiNews's State of the Market Report 2019 delving into the current trends in the Altern… https://t.co/rrDaJBo1I3
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Hear from one of our lovely Borrowers, Tabitha from @PaschoeHouse, who tells us all about how her #FOLK2FOLK loan e… https://t.co/NEllUTdZsL
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@TheSmallAwards Thank you! 🤞
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Congratulations to our 2018 award winners @Folk2FolkUK who are finalists for a top rural business award. They are i… https://t.co/8os9hfTIwJ
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Are you familiar with the old farming expression ’Up Horn, Down Corn’? Our Head of Farming and Rural Engagement,… https://t.co/9SwpMXgjD5
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*NEW INVESTMENT OPPORTUNITY* Coastal property development in #Devon, secured loan, 60% LTV (MV), offering 6.5% p.a.… https://t.co/g3cshttKyZ
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Our lovely friends at @AppetiteM have kindly shared with us their '10 Steps for Setting up a Farm Shop' to help get… https://t.co/6sRAaqvRZb
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Some fabulous entries in our sponsored South Devon cattle class this morning at @OkehamptonShow. Here’s our… https://t.co/a6Arbx0HNF
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 |
|---|---|---|---|
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LendIt Europe | 20 Oct, 2015 | London, United Kingdom |
Address Folk 2 Folk
Folk 2 Folk13 Westgate Street
PL15 7AB Cornwall
United Kingdom