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Lancashire-based Bowland Inns & Hotels to continue expansion across the North West following £25m loan from OakNorth
Founded in 1996 and owned by James Warburton, Bowland Inns & Hotels is a market-leading pub, hotel, and wedding venue specialist operator; Headquartered in Clitheroe, Lancashire, the firm operates country pubs with rooms, bars, and restaurants under the James’ Places brand and multi award-winning wedding venues within the Dream Venues Collection; With sites located across […]
OakNorth completes £16.75m loan to family-run Capital Developments Group to support future growth
Privately owned property development and investment company, Capital Developments Group expanded in 2020 and is run by Colin and Jordon Foux; With over 40 years of experience within the property industry, the firm specialises in acquiring residential and commercial property across London and the Home Counties; The £16.75m loan from OakNorth will be used to […]
Skills crisis holding back 7 in 10 SMEs from scaling up
Nearly 7 in 10 (69%) SMEs say that recruiting and developing adequately skilled staff is their biggest barrier to growth, a new report reveals today. OakNorth, the neobank for entrepreneurs, by entrepreneurs, has sponsored a new report from the Social Market Foundation, a cross-party think tank, warning that a lack of focus on the skills crisis is […]
OakNorth and Searchlight Capital Partners provide £88.5m capital solution to Third Space to support London’s luxury health club brand’s continued growth
Backed by KSL Capital Partners, Third Space is a luxury health and fitness brand with eight clubs across London; The financing provided by OakNorth and Searchlight Capital Partners will support Third Space’s business plan which includes the opening of additional clubs. OakNorth, the neobank for entrepreneurs, by entrepreneurs, has partnered with Searchlight Capital Partners, a private investment […]
OakNorth Bank completes £45m capital call facility for private equity real estate investor, Paloma Capital
Founded in 2015 by Joe Froud and Jack Pitman, Paloma Capital is a leading entrepreneurial private equity real estate investor; The firm has raised a total of c.£440m of wholly discretionary capital in three value-add funds since 2015, mainly from institutional investors in the UK, Europe and the Middle East; It has raised £120m out […]
Saxon Trust secures new £35m funding line from OakNorth
Saxon Trust, the London based specialist bridging and development lender, has significantly expanded its funding capability with a new £35m funding facility from OakNorth, the neobank for entrepreneurs, by entrepreneurs. As traditional lenders increasingly pull back from the mid-market space, Saxon Trust believe this additional wholesale funding will enable them to capture additional market share. […]
