Folk2Folk has reported record turnover and its sixth consecutive year of profitability, boosted by strong investor demand.
The UK peer-to-peer lending platform, which facilitates business loans secured against land and property, posted a 17 per cent year-on-year increase in turnover to £6.16m for the financial year ending 31 January 2025.
Meanwhile, pre-tax profit grew by 43 per cent to £1.84m.
It also paid dividends to shareholders for the fourth consecutive year.
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Folk2Folk said that the year saw strong investor demand, with high levels of reinvestment and new subscriptions into its Innovative Finance ISA.
It highlighted interest from investors seeking fixed, monthly income amid stock market volatility and macroeconomic uncertainty. Annual returns start from 8.76 per cent.
“Our record results are a testament to the resilience of our business model, the strength of investor confidence, and the persistent demand from SMEs across regional Britain for fair and flexible finance,” said Roy Warren (pictured), managing director of Folk2Folk.
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“We’re proud to be delivering consistent growth while staying true to our mission of supporting underserved businesses and generating attractive returns for our investors. These results wouldn’t be possible without the continued trust of our investor community.
“Importantly, being a stable and profitable platform isn’t just good news for us, it’s a responsibility we take seriously. It enables us to continue serving both borrowers and investors with confidence, to invest in long-term improvements, and to manage all loans, including the more complex cases, with care and diligence.”
Folk2Folk will publish its fully audited accounts in May 2025.
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