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Birmingham Post
Birmingham Post
Business
William Telford

Cornwall-based FOLK2FOLK surpasses £500m lent to SMEs after record year

Cornwall-based finance firm FOLK2FOLK has surpassed £500m in lending with a record level of £108m lent during 2021 - almost double that of the previous year.

This represents a substantial 80% increase in the total value of completed loans by the regional lender when compared to 2020. As a result of this funding, hundreds of business-owners across regional England, Scotland, Wales and Northern Ireland have been enabled to fulfil their business aspirations and contribute to the health and growth of their local and regional economies.

A variety of sectors have benefitted including property development, agricultural diversification, alternative energy, as well as leisure and tourism business owners seeking to capitalise on current and emerging opportunities by investing in their business.

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