FOLK2FOLK Achieves Profitability

FOLK2FOLK announces it has turned a six-figure post-tax profit in its 2019 financial year. Full audited accounts have been filed with Companies House and show FOLK2FOLK reporting a profit of £198,000 for the financial year February 2019 to January 2020. The company’s achievement can be attributed to new Managing Director Roy Warren (previously FOLK2FOLK’s Head… Continue reading FOLK2FOLK Achieves Profitability

Launch of Cheltenham ‘fund’ for local businesses

FOLK2FOLK, the local lending specialist, has celebrated its move to Cheltenham and the launch of a fund for local businesses at a drinks reception last month attended by the Mayor, Councillors, local businesses including solicitors, accountants, mortgage brokers and local FOLK2FOLK investors. FOLK2FOLK provides access to finance for credit-worthy micro and SME businesses who are… Continue reading Launch of Cheltenham ‘fund’ for local businesses

FOLK2FOLK has record IFISA Year

2019 was a record year for our Innovative Finance ISA (IFISA), during which we accepted £10.5m in ISA investments over double that of the previous 18 months.  Since introducing our IFISA in July 2017, we have attracted a total of £19.4m in new and transferred ISA funds. Roy Warren, our Managing Director said:  “We’ve very… Continue reading FOLK2FOLK has record IFISA Year

On the money (CLA Land & Business)

FOLK2FOLK matches local businesses looking for loans with individual investors. Here Managing Director Roy Warren answers the CLA’s questions. FOLK2FOLK offers a lending service – but you also offer a chance for farmers and landowners to invest. What is the opportunity for landowners? With recent and continuing uncertainty for farmers, landowners and rural businesses alike,… Continue reading On the money (CLA Land & Business)

P2P Finance News Power 50 2019

FOLK2FOLK has been named in Peer2Peer Finance News Power 50 every year since the list began in 2017. The Power 50 recognises the UK’s most influential people in the peer to peer lending sector. This year our newly appointed managing director, Roy Warren, has been recognised. Article and images first appeared in Peer2Peer Finance News… Continue reading P2P Finance News Power 50 2019

Keeping business investment local (Cheltenham Borough Council)

Cheltenham Borough Council is pleased to be the first council to lend via award winning local business-to-business provider FOLK2FOLK, to help local small to medium size enterprises with straightforward access to finance to support their business growth. FOLK2FOLK matches local businesses looking for finance to grow, with investors looking to receive a return on their… Continue reading Keeping business investment local (Cheltenham Borough Council)