Lending
Balanced, bespoke, businesslike – How to approach loan covenants
By Mohith Sondhi, Senior Director at OakNorth Loan covenants are critical to successful commercial lending, including in the fund finance space. A lender typically uses them to set parameters by which they’re comfortable that a loan can operate – a specific framework so to speak that’s agreed between both borrower and lender. In recent times, […]
Lending
In good company: what it means to be an OakNorth-backed business
By Hugo Sousa, Senior Director at OakNorth OakNorth launched in September 2015 with a clear mission – to empower entrepreneurs. We’re now nine years into our journey, and it’s become clear from speaking with our customers that business leaders see OakNorth’s backing as a catalyst for their growth, innovation, and market leadership. Over the years, […]
Lending
Protecting yourself from SIM swap fraud
Fraud can affect anyone but staying informed and vigilant can make a big difference. At OakNorth, we’re committed to helping you keep your money safe, so let’s dive into a specific type of fraud you should know about: SIM swap fraud. What is SIM swap fraud? SIM swap fraud occurs when a fraudster gathers your […]
Lending
Where AI meets expertise: Can AI optimise your fund lifecycle?
As artificial intelligence (AI) continues to reshape industries, private equity firms are increasingly exploring how it can be applied to optimise their operations. While AI has the potential to deliver game-changing results—driving efficiencies, uncovering insights, and automating routine tasks—the path to its successful adoption is nuanced. Private equity, with its intricate workflows, confidential data, and […]
Growing your business
Unlocking UK growth: a strategic approach to scale-ups, sectoral hubs, and banking regulation
By Nick Lee, Head of Regulatory and Government Affairs at OakNorth As the UK strives to solidify its economic standing in a post-Brexit world, exploring innovative strategies to unlock growth is imperative. The new Government has three pivotal opportunities that could help catalyse significant economic expansion in the UK. 1. Creating a dedicated Government Scale-up […]
Lending
Making strides in sustainability for the property sector
Recently, we hosted a unique green-dating event at our Soho office in London. This gathering brought together SME housebuilders, property developers, and investors for an engaging session with businesses that are setting new standards in sustainability and biodiversity in the real estate sector. The event was designed to bridge the gap between property developers and […]