The complete guide to crowdfunding and alternative finance in Europe
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
-
INVESTMENT OPPORTUNITY FILLED! Lenders receiving 6.5% p.a. paid monthly for a restaurant & wedding venue renovation… https://t.co/rNAOuPRd6i
-
@Clive205 Hi @Clive205 thank you for contacting us. I'm sorry our registration form is not submitting properly-the… https://t.co/Hb6hV5taq5
-
Busy morning in the calf ring @KivellsAgri Holsworthy. Plenty of choice, a lot of strong stirks. A wonderful blue h… https://t.co/p5IDMqnJT3
-
INVESTMENT OPPORTUNITY – FILLED! Lenders receiving 6.5% p.a. paid monthly for the renovation of the main house at a… https://t.co/3KVkaWMApA
-
Thank you @wigglycharity great work!!! #inspiring #goodfood you are amazing @abbyguilding @Folk2FolkUK love to help! https://t.co/idZawJsvjv
-
The #Finalists of the @HW_Chamber #BusinessAwards 2019 have been revealed. The #Awards sponsored by @Folk2FolkUK re… https://t.co/nPQVkYA2lG
-
INVESTMENT OPPORTUNITY – FILLED! Lenders now receiving 6.5% p.a. paid monthly for barn renovations into residential… https://t.co/krmbEK8veJ
-
We're hiring! We have two positions available to join our #FOLK2FOLK team. We're looking for a Business Developme… https://t.co/HBKZfAg78n
-
Great time judging @CCoCChat awards today @Folk2FolkUK with @TrulyTailored @Festoon_Events and with Gillian Reindle… https://t.co/BI3oZtRSvG
-
BUSINESS LOAN APPROVED! £70,000 to fund a church conversion into residential apartments in Somerset. This type of t… https://t.co/25kflNajHz
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