From 4.5% – 9% p.a. (fixed)
Before you invest in a peer to peer business loan there are a few things we think you should know from the start:
Support credit-worthy businesses while earning a great interest rate. As a FOLK2FOLK Lender you can choose your preference for location, sector, term and interest rate (depending upon loan availability). 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.
With our Innovative Finance ISA you could earn up to 9% p.a. interest tax-free (fees apply however, from 6th April 2019 there will be no fees to set up or manage our IFISA.)
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).
Through FOLK2FOLK you’ll be helping to support local, rural and entrepreneurial businesses from farmers, property renovators, developers, country hotels and pubs, right through to manufacturing businesses, yoga studios and cafés. You’ll be providing the finance to start or grow businesses, buy assets or boost working capital.
We’re choosy but fair and turn down Borrowers who don’t meet our criteria. Our credit assessment process includes undertaking credit reference checks, due diligence, checking asset ownership and often holding a personal meeting prior to loan approval.
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.
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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.
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.