£20,000
- Borrowing 0330 058 3153
- Lending 0330 053 5532
We believe in a fair exchange for both Borrowers and Lenders with both getting a great deal: a great interest rate return for our Lenders and access to funding for our Borrowers.
Our Lenders are individuals seeking a great interest rate return on their capital, secured against land or property, whilst benefiting from the knowledge that they are making a huge impact on the local economy.
Capital at risk. No FSCS.
Prior to lending into a FOLK2FOLK business loan please ensure you read our Terms & Conditions. Here are a few other things we think you should know:
Your capital is at risk if the Borrower is unable to repay the loan. Find out more about the risks of peer to peer lending and our loan defaults history.
Peer to peer lending is not covered by the Financial Services Compensation Scheme – what do we mean by that?
How much interest you could earn is affected by a number of factors. Learn more about Interest after Fees and Tax.
If you need to exit your loan investment early you can offer it for sale to other FOLK2FOLK Lenders via our secondary market, but there is no guarantee of a sale.
There are no fees to enter into a peer to peer loan, but fees apply if you wish to exit your investment early or if you sign up for the IFISA tax wrapper.
Before investing in a peer to peer loan through FOLK2FOLK read our Lender and IFISA Guide and our Terms & Conditions.
We aim to deliver an efficient, happy and stress-free lending experience. We try to do this by making everything simple and transparent and giving you answers as fast as we can. So as well as a great interest rate and the brilliant feeling you’ll get from helping local businesses, we hope you’ll also have a happier experience!
You can apply online, call us or drop into one of our branches. We’ll verify your identity, do our Anti-Money Laundering checks and then you’re ready to become an approved Lender.
With our Innovative Finance ISA you could earn your 6.5% p.a. interest tax-free (fees apply).
We’ll contact you once you reach the top of our waiting list with lending opportunities.
We’ll only ask you for your funds once you’ve agreed to an investment opportunity (except ISA Lenders).
We have three loan options you can choose to invest in. We don’t give advice and you should contact an adviser if you require financial or tax advice when deciding whether a peer to peer loan is right for you as an investment.
| Rolling Loan | Fixed 1 or 2 | Fixed 3, 4 or 5 | |
|---|---|---|---|
| Minimum investment | £20,000 |
||
| Interest rate | 6.5% p.a. |
||
| Loan to Value ratio (LTV) | Max. LTV 60% |
||
| Eligible for Innovative Finance ISA (IFISA) | Yes |
||
| Investment term |
|
|
|
| Exiting your investment |
|
|
|
| Talk to us | |||
£20,000
6.5% p.a.
Max. LTV 60%
Yes
Fees apply
£20,000
6.5% p.a.
Max. LTV 60%
Yes
Fees apply
£20,000
6.5% p.a.
Max. LTV 60%
Yes
Fees apply
By investing £20,000 or more via FOLK2FOLK, you become an important part or our Local Lending Movement; helping local, rural and entrepreneurial businesses access the funding they need to get off the ground, grow and develop. If you find that you need your investment funds back sooner than the end of the loan term you can offer all or part of your loan investment for sale to other FOLK2FOLK Lenders via our secondary market. Fees and conditions apply.
However, there’s no guarantee that anyone will buy your loan investment which means you’ll need to remain in the loan until the Borrower redeems.
Through FOLK2FOLK you’ll be helping to support local, rural and entrepreneurial businesses. From farmers seeking to diversify, property renovators or developers, country hotels and pubs, right through to manufacturing businesses, yoga studios and cafés. You’ll be providing the finance to start or grow their business, buy an asset or boost their working capital. We’re choosy but fair and turn down Borrowers who don’t meet our criteria. We undertake standard credit referencing, status checks, due diligence, check asset ownership and often hold a personal meeting prior to loan approval. We also pass applications through our Credit Risk Committee who use their expertise and collective knowledge to assess the proposal.
It’s important, however, that you do your own due diligence and don’t rely solely on FOLK2FOLK’s review when deciding to invest into a loan on the FOLK2FOLK platform.
We will send you a regular newsletter featuring our latest blog posts, news and events.
Join the movement
Your capital is at risk and is not protected under the Financial Services Compensation Scheme. FOLK2FOLK Limited (Company Registration No. 08178576) is authorised and regulated by the Financial Conduct Authority (FRN 720867). Our registered office address is NUMBER ONE Business Centre, Western Road, Launceston, Cornwall, PL15 7FJ. VAT Registration No. 152145832.
Your property against which the loan is secured could be at risk if you don’t meet payments. FOLK2FOLK Limited (Company Registration No. 08178576) is authorised and regulated by the Financial Conduct Authority (FRN 720867). Our registered office address is NUMBER ONE Business Centre, Western Road, Launceston, Cornwall, PL15 7FJ. VAT Registration No. 152145832.