Archives

September 27, 2019 @ 7:06 am By JD Alois  |  

Folk2Folk, a local-focused peer to peer lender providing financing to SMEs, has appointed Roy Warren as its new Managing Director. Warren has been filling the role on an interim basis for some time now. Simultaneously, the P2P lender added four new members to its Board… Read More

September 2, 2019 @ 7:29 am By JD Alois  |  

Folk2Folk, a peer-to-peer lender for local, rural and SME businesses, has now surpassed £300 million in lending, according to a company release. Folk2Folk notes that it is the 3rd largest P2P Lender to UK businesses in terms of money lent. Folk2Folk has a unique local… Read More

March 5, 2018 @ 1:39 pm By Samantha Hurst  |  

Folk2Folk, a peer-to-peer (P2P0 lending platform for local and rural businesses, announced on Monday it has now lent £200 million, providing a valuable source of capital to hundreds of local businesses across the UK. According to the online lending, this milestone demonstrates the strong demand… Read More

January 3, 2018 @ 7:45 am By JD Alois  |  

Folk2Folk, a unique peer to peer lending platform that combines physical locations with an online platform matching investors with small business loans, has announced the appointment of Giles Cross  Chief Executive Officer (CEO). Cross takes over the position from Jane Dumeresque who announced her resignation… Read More

July 11, 2017 @ 7:48 am By JD Alois  |  

Folk2Folk has announced the launch of its Innovative Finance ISA (IFISA). The P2P lender’s “local” ISA can give investors the opportunity to support British businesses within their local area whilst earning tax-free interest on the loans. Jane Dumeresque, CEO Folk2Folk, said they were delighted to… Read More

June 7, 2017 @ 10:18 am By JD Alois  |  

Specialist business peer to peer lending platform Folk2Folk has hired a new Chief Marketing Officer (CMO) and four Business Development Managers (BDM). Folk2Folk specializes in secured loans for businesses across the UK. The platform matches local businesses looking for finance with investors looking for a great… Read More

February 16, 2017 @ 5:44 pm By JD Alois  |  

Peer to peer lender Folk2Folk has joined the UK Peer to Peer Finance Association (P2PFA).  The P2PFA is acknowledged as a stamp of quality operations as members are held to a high standard and required to follow certain transparency guidelines.  According to the P2PFA website, the… Read More

December 6, 2016 @ 7:01 pm By JD Alois  |  

Peer to peer lender Folk2Folk has received full approval from the Financial Conduct Authority (FCA).  While many prominent peer to peer lenders are operating under interim approval, Folk2Folk points out it is the lagest P2P lender to receive full authorization to date. Folk2Folk has lent… Read More

November 1, 2016 @ 5:35 am By Erin Hobey  |  

Folk2Folk, a UK P2P business lender, today announced its expansion plans with the aim of lending £1bn in business loans by 2020, with its newest branch opening in Gloucestershire today. Folk2Folk plans to open another seven branches across the UK in 2017 with Harrogate set to open in… Read More

September 26, 2016 @ 11:18 am By JD Alois  |  

In explaining how they are different, Folk2Folk, an up and coming peer to peer lender explains they are “resetting the values around lending money.” While embracing technology that facilitates the lending process, Folk2Folk maintains numerous brick and mortar locations as they believe in dealing with… Read More

July 28, 2016 @ 12:20 am By JD Alois  |  

Folk2Folk, a regional peer to peer lender, has moved into a new office Launceston to “accommodate their rapidly expanding business”. Founded in 2013, the P2P lender has a number of offices across the South West and is rolling out further branches in towns across the UK…. Read More

April 6, 2016 @ 9:40 am By Samantha Hurst  |  

Peer to peer lender Folk2Folk announced on Wednesday that it has appointed law firms across the UK to its new national Legal Panel. The platform revealed details about the new panel earlier this year. According to Folk2Folk, a growing Legal Panel enables it to expand nationally… Read More

January 25, 2016 @ 8:44 am By JD Alois  |  

Peer to peer lender Folk2Folk has announced the creation of a “Legal Panel” to support its national roll-out strategy.  This new entity is said to form a national network of law firms to support the company’s local secured lending model as a central part of… Read More

June 20, 2015 @ 2:16 pm By JD Alois  |  

Bricks Financial, founded in 2014, has opened up operations in Exeter as they seek to offer investors the opportunity to “high quality projects” in the region for borrowers who are  “local businesses, individuals and friends where banks are unable or unwilling to help”.  The new peer… Read More

April 23, 2015 @ 1:46 am By Midori Yoshimura  |  

Folk2Folk, a leading UK people-to-business finance company, has just introduced funding to help deliver the £400 million Langarth Farm mixed-use development on the edge of Truro in Cornwall, England, according to the Western Morning News. Folk2Folk to back £400m Langarth Farm development http://t.co/CljPNJAFrF @Folk2FolkUK pic.twitter.com/Gz9N7UP3it — WMN… Read More

December 18, 2014 @ 11:50 pm By JD Alois  |  

Folk2Folk, a locally focused peer to peer lending platform, has passed a bit of a milestone.  The P2P site has now originated over £40 million in loans with a default rate of zero. Folk2Folk is the future of finance.  The company is targeting local businesses… Read More

February 21, 2014 @ 8:06 am By JD Alois  |  

Turned Away By Local Banks, Business Find Funding in Crowd Lending. Cornwall based Folk2Folk, a peer-to-business (P2B) crowdfunding phenomenon tailored exclusively for the South West region, has helped to secure loans of a remarkable £20million since it was launched in early 2013. Folk2Folk crowdlending platform… Read More