FOLK2FOLK has won a national award for ‘Best Multi-Channel Small Business’ at the Small Awards.
The Cornwall-based peer-to-peer lender impressed the judging panel with its on and offline business model.
The panel, which was headed by the UK’s small business commissioner Paul Uppal, noted its branches in market towns and positive support for its customers’ businesses.
Read more: Folk2Folk hits £200m lending milestone
“With 96 per cent of UK businesses employing less than nine people historically we may have been a nation of shopkeepers, but in modern terms we’re a nation of entrepreneurs,” said Giles Cross, chief executive of Folk2Folk.
“So, to win this Small Award is a big thing for me and our staff in Cornwall and the rest of the country.
“But it’s not just about us: it’s about our shareholders, our lenders, our borrowers, our solicitors, our accountants, our banks, our land agents, and everyone who works with us in The Local Lending Movement.
“When we were announced as winners I was genuinely quite emotional, and my immediate response was ‘This one’s for the Cornwall and the South West’; and of course, it is, but it’s also a vindication for everyone who supported and believed in us over the years.”