FOLK2FOLK has received an endorsement from 4thWay, the specialised global ratings agency focused on peer-to peer lending.
After an independent evaluation earlier this year, 4thWay praised FOLK2FOLK’s conservative lending approach, profitability, and commitment to investor security, alongside “a professional, well-considered, rules-based approach to assessing loans.”
The review highlighted FOLK2FOLK’s cumulative lending, which has reached over £725m in business loans since it was established in 2013.
Roy Warren (pictured), managing director of FOLK2FOLK, said: “Opening ourselves to such a thorough review process was an important step in demonstrating our commitment to transparency and providing secure, profitable investment opportunities.
“For brokers, it reaffirms that FOLK2FOLK is a dependable funding partner, ready to deliver the finance their clients need with speed and confidence.
“We are immensely proud of our track record and this independent review underscores our dedication to maintaining the highest standards.”
Neil Faulkner, lead research and CEO at 4thWay, said: “This investment is probably as solid as it gets,” and described FOLK2FOLK as “a reliable, safe over-performer.”
The review also highlighted that returns have been “in the region of 8.75% interest” per annum.
