Traditional loans don’t always cut it. That’s why we focus on making complex financing needs simple for fast-growth business owners. How? With bespoke facilities built by industry experts. We focus solely on structured debt finance, lending over £10 billion to forward-thinking businesses up and down the UK.
We’ve built schools and carbon net-zero homes up and down the UK with award-winning property development financing. We’ve brought bustling brasseries to more metropolitan cities and supported innovative manufacturing businesses with mergers and acquisitions. And with flexible repayments across fixed terms, or revolving credit facilities, we put you in control of your future.
Our intelligent tech allows us to look at the future, rather than just fixate on the past. It means we don’t treat all businesses the same, and we won’t provide blanket business loans for an entire sector.
We’ll take the time to truly understand your business. No decisions based on outdated financials, no hiding behind credit teams – just a transparent process that lets us find where your success lies, and how we can cultivate it.
QUICK ACCESS TO CASH
Get funded faster
Whether it’s for an acquisition or capital expenditure, we understand the importance of fast access to cash.
We typically fund our partners within weeks, rather than months.
HIGHLY CUSTOMISED SOLUTIONS
Tailor your finance to your future
No two businesses are the same, and neither are their growth plans. We take the time to understand the ebbs and flows of your business, the things that make you different. That way we can provide debt finance that’s future-proof, saves you time and helps you reach your milestones.
A TRANSPARENT PROCESS
Meet key decision makers
Getting a business loan shouldn’t be smoke and mirrors. That’s why we make decisions quickly and accurately and communicate them in simple terms. You’ll be involved in every key step of the process. And for loans above a certain size, you’ll even be invited to meet our Credit Committee.
EXPERTS THAT UNDERSTAND BUSINESS GROWTH
Reach success with the right people
Partnering with OakNorth means partnering with entrepreneurs that understand your ambitions. We come from a business mindset, and everything we do is focused on helping determined businesses thrive in a diverse UK economy.
new homes built using OakNorth funding
new beds created for senior living businesses in 2021
new jobs created using OakNorth funding
£ lent to childcare and education businesses
developers supported to date
Looking for fast financing to expand your buy-to-let portfolio? With our digital loan application, you can apply for finance from £250,000 up to £3,000,000 and you could receive loan terms tailored to your next residential property investment in just 5 minutes.*
*Subject to each application circumstance
A business loan is a sum of money lent to a business by a bank, or alternative lender, to help finance its growth. Business loans – also known as debt finance, are usually repaid to the lender, with added interest over the agreed time period.
We don’t provide off-the-shelf solutions, which means we have a range of specialised business loans designed with your sector or use case in mind – for example property investment finance or acquisition finance. To find out more about the full range of unsecured and secured business loans we can offer, and what they can be used for, visit our business loan guide.
We take a bespoke approach to designing and developing our homes, and the team at OakNorth do the same when it comes to their loans. We felt like we had a true partner throughout the process that will support us throughout the economic cycle.
OakNorth has been incredibly supportive over the last year, behaving as a true partner, rather than a bank. We’re grateful for their ongoing support and belief in the long-term potential of our business.
The OakNorth team operated quickly and transparently, with an entrepreneurial approach and we hope to work closely with them on future developments.
This is the third time we’ve chosen OakNorth Bank as our funding partner and there’s a reason we keep returning to them – the team is collaborative, constructive, and commercial. There’s no broad-brush assumptions or computer-says-no decisions.
We were given the option to acquire a freehold and agreed on the price a year ago. However, in order to ensure we could go ahead, we needed to move quickly so appreciated the speed, efficiency, and responsiveness of the OakNorth team.
At the moment, the minimum loan size that we provide businesses is £250,000.
We differ from other lenders in that we can fund your business within days or weeks, rather than months like typical lenders.
Fill out a few details about your business and the loan you’re looking for here and our expert team will be in touch with you to discuss your options. From there, they’ll help you with every step of the process from start to funding.
Depending on factors like your business’ risk profile and what you need the funding for, we can provide amortising loans, where you gradually pay off your debt with regular payments, as well as non-amortising loans, where you pay off the loan in a lump sum.
We provide specialist financing for different sectors and use cases. Our property financing helps developers build new restaurants, hotels, care homes or apartments. Our property investment financing helps investors build out their residential and commercial portfolios. Our acquisition financing helps businesses with management buyouts or expand by buying new businesses. Whatever your growth goals are, we can help tailor the perfect business loan to help you achieve them.
The cost of your loan is based on what kind of borrower you are, or your risk profile, which depends on factors like credit history, industry sector and more. We focus on speed, flexibility and competitive terms over price.
Unlike many other high street banks, we won’t make you transfer your business banking over to us, so you can apply for a loan quickly and easily.
We’re not an out-the-box lender so we don’t have a one-size fits all approach. But, there are a few things we’ll look at for certain types of loan, for example:
Our financing specialists will help you structure a loan that meets your needs and allows us to lend responsibly. Once you’ve worked with them to create the perfect financing, our legal and credit and risk team will get involved to assess the overall risk and help make the final decision. Depending on the size of your business loan, you may even get the opportunity to join a Credit Committee with our Co-founder to pitch your business plan. Because we’re an agile business, all of this happens in days and weeks rather than the months of typical high street banks.