Business finance
Financing for entrepreneurs: How OakNorth customers represent resilience and innovation
A great idea, a well thought-out business plan and the cash to make it happen are all behind the beginnings of a successful business. But a daring mindset is just as valuable, if not more. Qualities like positivity, resourcefulness and an innovative mind can sometimes be even more useful than having all the other aspects […]
Business finance
They did it their way – our most unique funding cases in 2022
We’ve funded our fair share of both residential and commercial property projects, but our portfolio is much more diverse than bricks and mortar. Our aim is to provide growing, entrepreneurial SMEs with the funding they need, and increasingly we’re funding more and more unique and exciting businesses with great prospects. From surfing in central […]
Business finance
Take my umbrella, it looks like rain
When there’s a changing economic climate, banks can often get spooked and withdraw the amount they’re willing to lend, but that’s not how we do things at OakNorth. Here our Senior Director Dan Haxby discusses the responsible way we approach lending to continue to support strong businesses during changing times. In the early days of […]
Business finance
Property funds rush to sell, but are traditional lenders too slow to help investors cash in?
Our Associate Debt Finance Director, Lucas Anglin, weighed in on the perception of the lending landscape as slow and unreliable, and how new alternative lenders, like OakNorth, are countering this to offer fast and flexible solutions that put entrepreneurs first. It was recently reported in The Financial Times that property funds are set to sell […]
Business finance
Small scale loans: big business impact – how our loans up to £2m have been used
We’ve been financing lots of different sectors and projects since we became an officially registered bank, including many multi-million pound deals. But we’re also supporting a range of businesses with loans that are below £2 million, helping to fund an important stage of their growth. Businesses use loans for a number of reasons – from […]
Business finance
The business case for fast financing
No one wants to be held back at any point in business, but there are times when being slow to act can be costly. Successful businesses are agile, opportunistic and fast thinking, and these traits are invaluable and more difficult to be taught. This mindset coupled with fast access to finance has allowed successful businesses […]