Credit Science: the new discipline we’ve created to redefine borrowing for the Missing Middle
When it comes to commercial lending, credit analysis is an essential part of the process. Banks use it to assesses the ability of a business...
Tag : OakNorth
Customers Bank, the fintech-forward US lender, partners with OakNorth as it looks to significantly enhance its credit monitoring and portfolio management
by Mark Walker
Customers Bank focuses on providing exceptional customer service supported by ’high tech, high touch’ – a strategy that’s enabled it to grow assets from $250...
OakNorth Bank calls for several changes to the Coronavirus Business Interruption Loan Scheme (CBILS) to ensure it can succeed in supporting British businesses through the Covid-19 crisis
British businesses need access to grants, as well as loans, as taking on ever more debt will make them over-levered; The Government should consider an...
Ahead of Number 10’s press conference today, OakNorth Bank calls for initiatives that the Government should immediately put into effect to support British businesses through the Covid-19 crisis
OakNorth Bank has increased net new lending to UK SMEs by £3.3bn since its launch in September 2015 – this is amongst the highest of...
OakNorth Bank sees pre-tax profits jump 95% in 2019 to £65.9m and becomes one of the first banks globally to achieve net carbon zero
In just four years since launch, OakNorth Bank has become Europe’s fastest-growing company and ranks amongst the top 1% of banks globally in terms of performance;...
OakNorth Bank completes £50m transaction with returning client Hayfield to accelerate growth ambitions to 500 homes per annum
Solihull-headquartered Hayfield, one of the UK’s leading housebuilders, providing a range of properties to suit all tastes and requirements; The bespoke £50m debt finance...
OakNorth Bank completes £20m transaction with LV Care Group – the leading care home provider in Jersey
LV Care Group is a locally owned, locally run and locally focused care group providing premium services in Jersey; The group will use the bespoke...
OakNorth Bank and Secure Payments Solution, Shieldpay, Announce Strategic Partnership
by Mark Walker
OakNorth Bank – the UK bank powered by OakNorth – has today announced a strategic partnership with leading high value, secure payment solution, Shieldpay, to launch escrow accounts...
OakNorth Strengthens Leadership Team With Appointment of Jackson Hull as CTO and COO
by Mark Walker
OakNorth has announced the appointment of Jackson Hull as its Chief Technology Officer (CTO) and Chief Operating Officer (COO). With over 15 year’s C-suite experience in...
Following Huge Funding Round OakNorth Completes £11.4m Loan to Ocea
OakNorth Bank – the UK bank powered by OakNorth – has provided an £11.4m property development finance facility to Ocea, one of the UK’s leading developers which specialises in commercial to residential...