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Hook & Son

Success Story 05 December 2022

Region/Nation UK wide
Sector Financial and Insurance Services
Programme FinTech

British Business Investments delivery partner FOLK2FOLK specialises in providing finance to underserved smaller businesses within regional areas of the UK. Headquartered in Cornwall, it takes a simple and straightforward approach, offering interest-only, property-secured loans to credit-worthy businesses who may not fit standard bank criteria.

Image of man with cows behind him

FOLK2FOLK helps businesses like Hook & Son, a family run organic dairy farm based in East Sussex, to start, grow, or diversify. Hook & Son run an 80-cow organic dairy farm and in 2007 began selling raw milk direct to the consumer. In 2018, the farm had its first bovine tuberculosis reactor which had a disastrous effect. Since then, they have rebuilt their business, increasing its product range to also include pasteurised dairy produce, and developed a market for dairy beef and are now the UK’s largest farmer retailer of raw dairy products.

The father and son team received a £400,000 facility from FOLK2FOLK to set up a new glamping enterprise. The funding enabled this productive rural business to diversify their farm income and refinance existing debt, helping them move forward with their growth plans which include opening a shop in Borough Market, London.