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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Is the current pandemic distracting farming businesses from looking at other rural enterprises? Here's why we think… https://t.co/Y84gWf0Ij5
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What is Peer-to Peer Lending and how can it help your #propertyrenovation project? 🏠Just one of the many question… https://t.co/gc2EKyGNqV
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Great video interview with our MD and property website Renovate Me, talking through all the ways we can help fund p… https://t.co/ncpWpoBCfB
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It's day 3 of the #MarchesBRW You can search for more than 150 #business support schemes & funding streams on our… https://t.co/hIMEhiLNDI
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Featured in this month's Country Land & Business (CLA) magazine Land & Country, #FOLK2FOLK talks about the importan… https://t.co/ZetzGEgLDQ
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Uncertainty looms large, leading to doubt and inaction. For business owners and investors alike, it's our view that… https://t.co/teUfy4l3i1
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P2P lending offers some excellent investment opportunities but investors need to do thorough research to ensure the… https://t.co/qFwQ4G6JJI
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Congratulations to our friends at @Varengold @GrantThorntonUK @Pinsent_Masons @RSMUK @Bovilltweets and others recog… https://t.co/ld4cBgi8Uh
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Out now - the P2P Power 50 2020 by @p2pfinancenews - listing the great, the good and the most influential from the… https://t.co/NFgGiYGB9m
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Your latest #FOLKUS is out now! Catch up on #FOLK2FOLK latest news and views by subscribing here:… https://t.co/LJXDX3ESfO
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