Filter by
Small but mighty: Scale-up firms make up just 1% of SMEs, but contribute £500b to the UK economy
Wednesday 8th November 2023, London, UK: OakNorth, the neobank for entrepreneurs, by entrepreneurs, has today published new research with the Social Market Foundation, a cross-party think tank, revealing the outsized impact of scale-up businesses1 on the UK economy by region, country, and sector. Small but mighty The new report, titled ‘The Scale of the Opportunity’, follows the recent publication of ‘Full […]
OakNorth further increases its support for entrepreneurs with business banking offering
The neobank’s new offering provides insight-driven solutions to help entrepreneurs efficiently run and scale their businesses at pace Tuesday 7 November, 2023, London, UK: OakNorth, the neobank for entrepreneurs, by entrepreneurs, today announces the launch of its business banking offering, aimed at helping mid-sized businesses (revenue of £1m-£100m) that are currently overlooked and underserved in the UK’s […]
OakNorth and Founders4Schools launch new partnership to support 100,000 students with maths education, mentorship, and career opportunities
30th October 2023, London, UK: OakNorth, the neobank for entrepreneurs, by entrepreneurs, and Founders4Schools, the award-winning ed-tech charity for teachers, today announce a new partnership to support 100,000 secondary school students (11-16 year-olds) – including 40,000 from disadvantaged socioeconomic backgrounds – over the next three years. The programme will provide secondary school students with mentorship and […]
Compact luxury hotel chain, Z Hotels, to open new Leicester Square site following £23m co-loan from OakNorth and ASK Partners
Founded by Bev King, Z Hotels launched its ‘compact luxury’ accommodation model in London with the opening of Z Soho in 2011; Since then, the hotel chain has experienced continued success with 14 sites now operational across London, Liverpool, Bath, and Glasgow; The £23m co-loan will be used to acquire and refurbish a five-story vacant […]
SME housebuilder, Blueprint Property Group, to develop new residential scheme in Essex following £11m loan from OakNorth
Founded 2009 by Alan Perry, Blueprint Property Group specialises in residential development, sales, and lettings, as well as land acquisitions and disposals; Headquartered in Brentwood, Essex, the group has completed numerous residential schemes across the county, ranging from one-bedroomed flats to detached homes; The £11m bespoke loan from OakNorth will be used to develop 15 […]
OakNorth Bank completes tailored loan facility to MRW Group to support its IFA buy-and-build strategy, with three initial acquisitions
Emet Financial Services (Emet), Merlin Wealth Planning (Merlin) and Mayfayre Financial Services (Mayfayre) will merge under MRW Group; The Group provides independent financial advice to over 1,500 clients, with over £150 million assets under management; The loan facility will be used to support the Group’s ambitious buy-and-build strategy, including further acquisitions expected this year. OakNorth, the […]
