OakNorth completes bespoke loan-on-loan facility to Gold Funding Ltd to support growth in bridging lending

  • Founded in 2009, Gold Funding Ltd is a London-based specialist lender focused on providing short-term bridging finance across London and the M25 region;
  • The firm has lent over Β£600m since inception and specialises in short-term lending secured against residential and mixed-use properties;
  • The bespoke loan-on-loan facility will refinance existing debt, as well as support the growth of Gold Funding’s bridging finance platform across London and the M25;
  • The transaction further strengthens OakNorth’s position as a leading provider of structured lender finance facilities in the UK specialist finance market.

London, 28 May, 2026: OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a bespoke loan-on-loan facility to Gold Funding Ltd, the London-based family run specialist in short term finance.

Founded in 2009, Gold Funding Ltd is a London-based specialist lender focused on short-term bridging finance across London and the M25 region. The business primarily lends against residential assets, including buy-to-let properties and HMOs, as well as selective mixed-use opportunities. Since inception, the firm has originated over Β£600m of loans across c.1500 transactions. The business is led by Arye Grossnass and Shalom Gold, who together bring decades of experience across real estate investment, lending, and finance.

The bespoke facility from OakNorth will support the refinancing of existing funding lines and provide additional capacity to support Gold Funding’s continued growth and origination activity.

Arye Grossnass, Director of Gold Funding Ltd, commented on the transaction: β€œFrom our very first conversations with OakNorth, we were impressed by the team’s deep understanding of the loan-on-loan lending market and the nuances involved in specialist bridging finance. Their ability to structure and execute complex transactions with speed, transparency, and commerciality made them stand out immediately. This facility marks an important milestone for Gold Funding as we continue to scale the business and support experienced borrowers across London and the M25.

Gold Funding takes pride in being a premium lender with a strong focus on execution, dependability, and discretion, and we look forward to continuing to support clients across the country with fast, flexible, and relationship-driven lending solutions. OakNorth’s flexible approach and understanding of our business model made them an ideal funding partner for our next phase of growth.”

Mohith Sondhi, Managing Director of Debt Finance at OakNorth, added: β€œGold Funding has established a strong track record over more than 15 years, building a high-quality bridging loan portfolio focused on residential assets across London and the M25. Arye, Shalom, and the wider team have demonstrated a disciplined approach to underwriting and portfolio management, alongside deep sector expertise. At OakNorth, we continue to see strong demand for flexible lender finance facilities from experienced specialist lenders seeking scalable and reliable funding solutions. We’re delighted to be supporting Gold Funding as it continues to grow its platform and expand its lending activity.”

ENDSΒ 

Notes to editorsΒ 

About OakNorth

Launched in September 2015, OakNorth is the bank for entrepreneurs, by entrepreneurs. It was founded to address the persistent funding gap facing lower mid-market businesses – a segment that accounts for a significant share of economic output yet remains underserved by traditional banks.

To date, OakNorth has provided over $20bn in lending to thousands of entrepreneur-led businesses across the UK and US, supporting the creation of more than 70,000 jobs and generating more than Β£40bn in economic value. Throughout multiple economic cycles, the bank has maintained a highly disciplined approach to credit, delivering performance metrics that place it among the top 1% of commercial banks globally.

It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Visit www.oaknorth.co.uk for more information.

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