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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 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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Our Fit4Business Dairy Seminars are only a week away! Come along and hear from experts how to ensure your dairy bus… https://t.co/nRxCiAZ03Q
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@cornwallchamber #CCCbigbrek Very buoyant business brek! @Folk2FolkUK @StAustellBrew @therealginsters… https://t.co/tS9t33jNep
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Thank you @cthayers of @Folk2FolkUK for volunteering your time to assist business leaders sleeping out to raise fun… https://t.co/PZtpDSuwlj
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Multi-award winning Bee Naturals had us “buzzing” at the #thesmalls. This small business proves why its always goo… https://t.co/Vsy39RaZHD
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Could you be our next High Street Hero? Does your business have a proven record of contributing to the success of y… https://t.co/myLScdtqPY
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Fancy being our New Kid On The Block Award Winner 2019? This award is for businesses less than 18months old. If you… https://t.co/1TY3ExlCqX
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Folk2Folk reaches ÂŁ250m lending landmark #folk2folk #gilescross #ifisa https://t.co/nlDx94iWgD
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P2P lenders target a new generation of investors #capitalrise #crowdstacker #folk2folk https://t.co/TW77YtnTIz
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Thank you to everyone who attended our Networking Hub today @Basepoint_Tewks . It was a really good event and a big… https://t.co/JZH9zPQDyR
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Our @cthayers and @Kaley_Hooper are having a fabulous night at the @RuralRBAs alongside our friends… https://t.co/fhDKKVXSRO
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