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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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@PlymSciencePark @ChamberDevon @AcronymsLtd @Folk2FolkUK Looking forward to it! #TheLocalLendingMovement #Folkonomics
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The June @ChamberDevon #CrunchyBreakfast is being held at #PlymouthSciencePark and sponsored by #PSP tenant… https://t.co/MzQ0x74PBm
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@TheSmallAwards @Folk2FolkUK @lavolio_com @RadnorPreserves @Redherringgames Congratulations fellow #shortlisters đŸ˜˜#gratitude #awards
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Check out the Shortlist for the Bricks and Clicks Award 2018 here and do say hello to the fabulous businesses… https://t.co/4bAg7FEFhh
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@TheSmallAwards @Folk2FolkUK @JoMacfarlaneLtd @RadnorPreserves @Redherringgames Very excited to be a part of it and… https://t.co/SKQO1rQuAu
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.@Folk2FolkUK looking forward to our visitor economy meeting @thegrowthhubbiz chaired by Dev Chakrobarty, today...w… https://t.co/U5Ez9E4U0Y
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P2PFA: UK #P2PLending Industry Nears £9 Billion in Total #Lending. P2PFA members include: @Crowdstacker,… https://t.co/HzKck74Oki
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Judging the CSR category today @Folk2FolkUK for Cirencester Chamber cannot wait, superb entries!
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@Folk2FolkUK Excellent event, thanks to all involved
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Lovely day in London to be hosting our #Farming seminar on "Tackling barriers to new entrants to farming" at the Du… https://t.co/FKil5fPbkV
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