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 […]
We sat down with Ben Barbanel, our Head of Debt Finance, to discuss the future of lending in more uncertain times. He explained how our plan to continuously back the best businesses can remove problems that arise from the knock-on effects of a lack of funding and how data can be used to guide lending […]
Fund finance is a growing area of focus for us here at OakNorth Bank and over my six years here, Iβve been fortunate to work on some very interesting transactions in the space. Below, Iβve summarised some of the trends that I think will dominate in fund finance over the next 12 months. Liquidity I […]
Your profit and loss statement is a key financial report for any aspirational business owner to get their head around β but what exactly is a profit and loss statement? And why is it important? In the most basic terms, your profit and loss report provides you with a snapshot of what youβre earning and […]