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OakNorth has supported TriSpan’s investment in leading Indian casual dining group, Mowgli Street Food
Launched in 2014 in Liverpool by chef, CEO, and food writer, Nisha Katona MBE, Mowgli Street Food specialises in dishes that Indians would eat at home and on their streets; In July 2017, the business secured investment from Foresight Group, the sustainability-led alternative assets and SME investment manager; The business currently has 15 sites in […]
About OakNorth Bank
OakNorth Bank sees exceptional growth in 2021 with pre-tax profits up by 73% to £134.5mn
OakNorth Bank has today published its 2021 Annual Report, revealing a 73% increase in pre-tax profits to £134.5 million[1] (up from £77.6 million in 2020), and a 60% increase in new lending to £1.8 billion (up from £1.1 billion in 2020). By delivering this growth, OakNorth Bank deepened its support for UK businesses, powered by […]
Business loans
OakNorth Bank provides loan to Strawberry Fields Nursery and Preschool to pursue “buy and build” strategy of nurseries with swimming academies
Based in Chorley, Strawberry Fields is a newly developed purpose-built full-day nursery in Chorley, Lancashire, with capacity for 110 kids, a café, and a swimming academy; The swimming academy provides Strawberry Fields with a differentiated offering in the market and an additional revenue stream outside of nursery hours; Despite only being open for a few […]
Business loans
OakNorth Bank completes £40M loan to a social impact investment group that are offering innovative solutions to tackle the social housing and care crisis
The loan is to Grosvenor Hill, a newly formed social impact group led by the team behind Mountain Capital & MLX Capital, who have a long-standing track record of delivering high-quality real estate projects across the UK; Grosvenor Hill are a real estate and investment group that uniquely designs and develops projects in partnership with […]
Business loans
OakNorth Bank provides SME housebuilder, Martin Homes, with a £13.6M loan for new major mixed-use scheme in Hove, Sussex
Founded in 2008, Martin Homes specialises in new build and conversion developments within the prime locations of London, Sussex, Surrey, and Kent; The capital from OakNorth Bank will be used to develop a new major-mixed use scheme in Hove, compromising of 52 apartments, a large office space and 25 private parking spaces; Situated on […]
Business loans
Harwood Private Capital supports the management buyout of Suffolk based family-run horticulture business following £20M funding package from OakNorth Bank
Harwood Private Capital focuses on providing flexible funding to UK SMEs and lower mid-market companies; The firm has secured a £20M funding package from OakNorth Bank to support the management buyout of family-run horticulture business, Mr. Fothergill’s Seeds Limited; Founded in 1978 by Jeff Fothergill and Brian Carey, Mr. Fothergill’s Seeds is an independent horticulture […]