The P2P business lending platform’s turnover increased by 17% on the previous year.
The lender reported pre-tax profit of £1.84m, a 43% rise on FY 2023 (£1.28m).
It also paid dividends for the fourth consecutive year.
Roy Warren, managing director at FOLK2FOLK (pictured above), commented: “These results highlight the strength of our business and the confidence brokers and their clients place in us.
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“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, which will publish its fully audited accounts in May 2025, has now surpassed £760m in cumulative lending since launch.
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