Are your clients falling into the 'funding gap'?
In the four years since Folk2Folk was established we continue to see a rather wide and deep 'funding gap'. It is a gap that those, and there are many, who do not neatly fit the criteria of traditional funding sources typically fall into.
Here are some examples of the type of situations that typically fall into the gap and where Folk2Folk can help.
Age is a common sticking point for traditional lenders. We have helped many clients who have been declined for loans or mortgages by banks and other lenders due to their age.
Bridging a gap
In instances where funds are needed immediately due to other sources of funding having fallen through, or perhaps clients are awaiting a sale or other funds to materialise; we are able to step in to provide urgent funding.
In the event of a partnership break up, funds are often needed to buy out the other partner. We can assist with funding that enables people to keep their asset whilst settling with a leaving partner.
Difficult financial periods
When the unforeseen happens, such as the event of Foot & Mouth, some businesses need to look beyond their usual core business. We enable businesses to survive and thrive by providing access to funds for diversification and other new income streams.
Unusual property purchases or developments
By taking a pragmatic view of the project we can often help provide access to finance where banks are unable to.