FOLK2FOLK reports record turnover and sixth year of profit for 2024

FOLK2FOLK 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 £6.16m, an increase of 17% on the previous year (£5.28m), and pre-tax profit of £1.84m, a 43% increase from FY 2023 (£1.28m).

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 loan-to-value (LTV) of 60%.

Roy Warren (pictured), managing director of FOLK2FOLK, said: “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.”

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