Jane Dumeresque
Jane Dumeresque

Launceston-based peer-to-peer business lender, Folk2Folk, has announced ambitious new national expansion plans.

The company opened a new branch in Gloucestershire today (Nov 1) and revealed plans to open a further seven across the UK in 2017, with the aim of lending £1 billion in business loans by 2020.

CEO, Jane Dumeresque, said: “We’re delighted to be opening new branches across the UK as part of our national expansion.

“By establishing a local presence in key regions across the UK, we believe this expansion will help introduce over £1 billion in finance for business owners enabling them to prosper and thrive at the same time providing our investors a great return.”