Do you ever stop to think about the importance of the Visitor Economy and how it affects you, your business and local area?
I’ve always struggled with the word ‘tourism’ as most people automatically think of hotels, pubs, local attractions, whilst many businesses simply don’t think of themselves as part of that industry.… but say “Visitor Economy” and it might just change your point of view.
To help encourage revenues and investment into the Visitor Economy, we should aim to make our regions, counties, towns and villages wonderful places to...
Lower monthly repayments and a relationship with an organisation that makes the effort to understand her business were two of the main reasons pub company boss Lesley Humphrys opted for a FOLK2FOLK loan last year.
Humphrys runs the Toastie Taverns chain of 24 public houses in the North-west of England and she has successfully refinanced a £705,000 loan on 13 of her properties with FOLK2FOLK after taking advice from her broker in August 2017.
“We had been with RateSetter for about 12 months, but we were facing extremely hefty monthly payments as we were repaying both...
FOLK2FOLK, the award-winning Peer-to-Peer lending platform for local and rural businesses, today announces that it will host a series of events in Gloucestershire during March 2018. Working on the premise that access to funding is often a required engine for business success, the purpose of the events will be:
To help local, rural businesses, farmers and landowners learn more about the funding options available to them.
Equip and enable access to finance needed for growth, development and diversification, something that can often prove difficult for rural business...
FOLK2FOLK, the Peer-to-Peer lending platform for local and rural businesses, has now lent £200 million, providing a valuable source of capital to hundreds of local businesses across the UK.
The milestone demonstrates the strong demand in the company’s Local Lending Movement as Lenders and Borrowers are attracted by FOLK2FOLK’s platform, providing a fair exchange that sees no difference between what Borrowers repay and Lenders receive on a monthly basis.
The £200 million has enabled hundreds of businesses across the UK in...
Giles Cross explains why FOLK2FOLK is his kind of financial services company
After 25 years in Britain’s financial services industry, new FOLK2FOLK CEO Giles Cross says he has found his ideal role in a business which is sustainable, fair, and beneficial to the customers and communities it serves.
“I think financial services has the opportunity to be a real force for good in society, driving positive social outcomes – and to make money in the process”, Cross explains, “But on a large scale, I think the sector has, over a number of years, been consciously...
Latest news from the Peer to Peer industry:
The Treasury Select Committee of MPs will evaluate the state of the SME finance market and will consider funding options including banks, P2P lenders and crowdfunding, as well as the level of competition and any sources that businesses avoid. Read full article on P2P Finance News - published 21st February 2018.
Funding Circle is set to go public in a £1.5bn IPO according to banking sources. Read full article on Sky News - published 16th February 2018.
Where to get better Isa returns — if you’re feeling adventurous
You can put as little as £10 in projects that back start-ups
Carol Lewis, January 20 2018, The Times
How innovative are you prepared to be with your money in the run-up to the end of the tax year? Individual savings accounts (Isas) enable you to shield up to £20,000 from the tax man, making them an obvious place to put your money. Yet with cash Isas offering pitiful returns and stocks and shares Isas unattractive if you believe that the stock market’s bull run is nearing its end...
An everyday story of country folk and their drones
Agricultural start-ups are helping transform farming with high technology
February 18 2018, The Sunday Times
Jamie McInnes married into a farming family four years ago, but he could not believe how much time it took his father-in-law to find a fair price for his grain. “He would spend a day on the phone to get three prices,” said McInnes, 33. “It was ludicrous.”
Like every newlywed, he was eager to impress the in-laws, so he created Graindex, an online marketplace that allows...
Blog post by Claire Thayers
I am passionate about thinking local and buying local but what does that really mean to YOU?
I'm currently working with the University of Gloucestershire with Cotteswold Dairy and we posed this question to a class of over 30 business students - 'think local' or 'think global' and I was shocked to see that over 80% of people wanted to think global first.
Which set me thinking - we always hear about millenials and how different they are as a generation, and it suddenly became very clear - due to the digital age, we are all far...
We’re very excited to go live with our new FOLK2FOLK website today!
When launching a website there are often surprises, potential glitches and the occasional gremlin, so we’ve launched a beta version alongside our current website.
Lots of testing, tweaks and fixes still need to be done over the next few weeks but we’d love to know what you think or if you spot any problems.
Our new site is more mobile friendly and easier to navigate around and will help potential customers more easily find the information they’re after. We will swap to our...