Childcare & Education
OakNorth Bank completes loan to Little Explorers day care to support the acquisition and development of a second nursery
Founded in 2015, Essex-based Little Explorers Day Nursery operates at 90 percent occupancy, has a Good Ofsted rating and has been nominated in the top 20 nurseries in the London region; With the nursery at almost full capacity pre-COVID-19, this loan will provide Little Explorers with the necessary capital to open a second site; The […]
Childcare & Education
Following the announcement of its newly-opened Birmingham hub, OakNorth Bank completes £750k deal with Bright Minds Daycare
Launched in 2017, Bright Minds owns four nurseries across Birmingham with capacity for 330 children ranging from infants as young as six weeks through to pre-school children; Childcare has been a somewhat recession-proof industry in the UK, growing at 3.7 percent annually over the last decade; Birmingham is set for prime growth in the sector […]
Childcare & Education
OakNorth Bank completes £2.5m loan to multi-site specialist school, Cressey College, to support the groups growth strategy
Founded in 2009, Cressey College (Cressey) is a multi-site special school for students aged between 5-19 with social, emotional, and learning difficulties; With over 170 staff, Cressey offers onsite and offsite programs from six sites across South London; The finance will be used to support existing school site capital expenditure and the roll out of […]