FOLK2FOLK, the UK’s largest peer-to-peer business lending platform by cumulative lending, has announced unaudited results for the financial year ending 31 January 2025, achieving its highest-ever turnover and a sixth consecutive year of profitability.
The platform reported record turnover of £6.16 million, an increase of 17% on the previous year (£5.28 million), and pre-tax profit of £1.84 million, a 43% increase from FY 2023 (£1.28 million). It also paid dividends for the fourth consecutive year, underlining its financial stability.
FOLK2FOLK provides interest-only loans from £100,000, secured against land or property, with a typical maximum LTV of 60%. Its broker partners value the platform for its speed, flexibility, and human-led approach, especially when traditional channels can’t meet borrower needs.
Roy Warren, Managing Director of FOLK2FOLK, commented:
“These results highlight the strength of our business and the confidence brokers and their clients place in us. We’ve built a model that prioritises fairness, flexibility, and service and it continues to help brokers deliver vital funding to SMEs across regional Britain.
“Our growing broker network is a key part of our success, and we’re committed to supporting our partners with a reliable, relationship-driven service.”
FOLK2FOLK has now surpassed £760 million in cumulative lending since launch and enters FY2025 with a strong borrower pipeline and investment via its digital platform and broker relationships.
FOLK2FOLK will publish its fully audited accounts in May 2025.
About FOLK2FOLK
- FOLK2FOLK was founded in 2013 and is the UK’s largest peer-to-peer business lending platform by cumulative lending having facilitated over £760 million in loans since inception.
- Loans range from £100k and are secured against UK land or property, with a typical LTV of 60%.
- The platform connects retail and institutional investors with creditworthy regional businesses.
- Investors earn fixed monthly interest, currently from 8.75% p.a., with a minimum investment amount of £20k.
- FOLK2FOLK’s purpose is to create and sustain financially thriving and vibrant regional economies.
