Folk2Folk

What we at Folk2Folk like to do is offer simple, straightforward, local lending and borrowing in the UK.

We are not a bank or financial advisor but a peer to peer lending platform that organise the secured lending of money between local folk.

Creating the perfect funding and investment opportunity

Our establishment is a direct result of the need to breach a local funding gap due to small business and local investors who were tired of poor returns and rates.

Our traditional values include community values

Folk2Folk was not only built on strong community values, but also incorporates those values in everyday business.  We truly believe that local knowledge and local understanding is what fuels our business.  We place great importance on understanding the full picture of the person and their financial situation. And thus, our customers enjoy a more holistic approach when it comes to business and personal loan criteria and approval.

Backed by a long history of lending

Our official launch was in 2013. However, we have a long lending heritage as we were born out of a law firm, Parnalls of Launceston. Its lending roots can be traced back over 100 years.

On offer we have a pioneering peer to peer lending service.

It allows investors or lenders to earn favourable rates, and a platform that allows local, rural and entrepreneurial businesses access business finance through these lenders or investors.

Loan facts

• Borrow £50,000 to £5 million or more
• Interest-only payable monthly
• Decisions within 24 to 48 hours
• Funds available from seven  to 10 days of approved application*
• Fixed or flexible loans from six months to five years

At Folk2Folk, we are

• Authorised and regulated by the Financial Conduct Authority
• One of the UK’s largest peer-to-peer lenders to business
• And at Folk2Folk, we have introduced finance for business initiatives ranging from purchasing sport related equipment, establishing multi-million pound worth property developments and more.

Different types of loan investments

With so many investment opportunities, you are sure to see the growth of your investment in no time at all. We have a wide range of peer-to-peer loan investment opportunities that investors are able to choose from.

Ensuring a fair deal for all stakeholders

The main purpose of what we do is to provide a fair deal for all, specifically a fair exchange of money between lenders/investors and borrowers.