About us

Folk2Folk offers simple, straightforward, local lending and borrowing. We are not a Bank, Brokerage, seller of financial products, Deposit Taker, Fund Manager, or Adviser to any party. We don’t manage or arrange funds or offer banking or brokering services; neither do we sell or give advice on financial products. We organise the secured lending of money between local folk without the involvement of City institutions. 

Born out of community need

Folk2Folk was created to fill a local funding gap at a time when banks were retreating from small business and when local investors were frustrated with poor returns.

Built on traditional values

Folk2Folk is built from strong community values.  Local knowledge and local understanding fuels our business.  We take an holistic approach when approving our Borrowers and Lenders, placing great importance on understanding the full picture of the person.

Backed by a long history of lending

Launched in 2013, but with a long lending heritage, Folk2Folk was born out of a law firm, Parnalls of Launceston, and can trace its lending roots back over 100 years. 

Ensuring a fair deal for all

Our purpose is to provide a fair deal for all, but specifically a fair exchange of money between Lenders and Borrowers.

Different from other P2Ps

Folk2Folk is different from other Lenders and we like to do business with people rather than just via a web platform.

Folk2Folk Facts

  • Folk2Folk is authorised and regulated by the Financial Conduct Authority (FRN 720867)
  • Folk2Folk is one of the UK’s largest peer-to-peer lenders to business (source: (Liberum AltFi volume Index).   
  • Folk2Folk is one of the world’s only peer to peer lenders with a high street presence
  • Folk2Folk has introduced finance for business initiatives ranging from purchasing Golf Clubs, kick-starting multi-million pound property developments, and renovating leisure complexes and barn conversions
  • Folk2Folk was born out of a long established firm of Solicitors and is proud of its legal heritage
  • Folk2Folk introduced £50m into the South West economy in its first two years of trading

Types of businesses and projects we help fund

Folk2Folk has organised funding to Borrowers for renewable energy, house building, leisure facilities and land and property acquisition, amongst other things.

Loan Book Sectors

Latest News

  • Folk2Folk joins industry trade body the P2PFA

    Folk2Folk is pleased to announce it has joined the Peer-to-Peer Finance Association (P2PFA), recognised as a beacon for good standards of business conduct in the alternative finance sector, by...
  • Gastro guesthouse: Coombeshead Farm opens with help from Folk2Folk

    Cornwall is renowned for its culinary talents to turn amazing local produce into exquisite plates of food in fantastic settings. As a result, there is an abundance of award winning restaurants and...
  • Local swimming pool business stays afloat through Folk2Folk

    Business owner Laura of Aqua Stars Academy of Swimming turned to Folk2Folk to help her achieve her business goal of owning her own pool after years of renting a facility, allowing her to set up her...
  • Folk2Folk wins industry award

    We’re very pleased to announce that Folk2Folk has finished off the year with an award win.  This week, we were named by industry leading publication AltFi News as the UK’s “Up...
  • Folk2Folk gains FCA authorisation

    Today we are delighted to share some exciting news and a significant milestone for Folk2Folk as a P2P lending business as we are now fully authorised by the FCA.    Regulation is a huge...

Customer Stories

  • Richard's Story - Borrower

    "Sharp & Tappin is a precision engineering company and has been going for 11 years. The business has two parts: one is onboard cameras for ships and the other is composite blade saws...
  • Jim’s Story - Lender

    "I started my working life as a pilot in the Royal Air Force and after a 10 year commission I went to work in a building society which had a business arrangement with Parnalls solicitors who...
  • Pam's Story - Borrower

    "In 2009, I, together with my husband Robert and daughter Robyn, bought a pub which I had previously owned with my husband and sister in law and brother in law and sold in 2001. Since then it...
  • Nick's Story - Borrower

    Originally I was a farmer, but after Foot and Mouth affected us we had to diversify and Folk2Folk have enabled me to do this.  

    Initially I borrowed money through Parnalls Solicitors in 2011...
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