Western Morning News ‘Small Business of the Year’, FOLK2FOLK, has won a national Small Award for ‘Best Multi-Channel Small Business’.
The judging panel, headed by Paul Uppal the UK’s first Small Business Commissioner, were looking for a small business that uses multiple channels with innovation and skill to develop their business and were particularly keen to recognize one that uses their channels to work with and promote other small businesses. The Cornish peer-to-peer lending company won due to its on and offline business model which incorporates an online lending platform as well as branches in market towns, and for its positive support for its customers’ businesses.
Founded in 2013 and headquartered in Launceston, FOLK2FOLK’s recognition on a national basis as a leading small business is as much a win for Cornwall as it is for the company.
Accepting the award, Giles said: “With 96% of UK businesses employing less than 9 people. historically we may have been a nation of shop keepers, but in modern terms we’re a nation of entrepreneurs. So, to win this Small Award is a big thing for me and our staff in Cornwall and the rest of the country.
“But it’s not just about us: it’s about our shareholders, our lenders, our borrowers, our solicitors, our accountants, our banks, our land agents, and everyone who works with us in The Local lending Movement.
“When we were announced as winners I was genuinely quite emotional, and my immediate response was “This one’s for Cornwall”; and of course, it is, but it’s also a vindication for everyone who supported and believed in us over the years.”
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