No fees on our business current accounts*, fitness sector insights and funding exit strategies
Hi there,
Summer is in full swing, and so is our continued commitment to supporting ambitious businesses across the UK. After another busy month, we're excited to share the latest happenings at OakNorth and some recent stories of growth and innovation.
Learn how OakNorth business banking can empower your business to scale at speed with quick setup, dedicated support, competitive savings up to 4.75% AER**, and more. Plus, benefit from no monthly or transaction fees* – even on high-value payments.
Explore our brand-new Health & Wellbeing Pulse Report to discover the latest trends in the fitness sector and uncover what banks and PE firms look for when funding exit strategies.
As always, we're delighted to spotlight some of the incredible businesses we've had the privilege of working with recently. From developing Integrated Retirement Communities with Untold Living, Kester Capital’s investment in world-leading architectural visualisation business, The Boundary, and supporting AMS Group’s expansion plans, we are proud to have played a part in their journeys.
If you’re looking for a business loan to kickstart your growth, or for a business banking solution that'll cater to the complex needs of your scaling business, reach out via questions@oaknorth.co.uk and we'll be in touch.
LATEST UPDATES
Banking that means business
Outgrown the start-up stereotype and need a business banking solution that’ll cater to the complex needs of your scaling business? That’s where we come in.
When your business banks with us, you’ll benefit from:
Looking to muscle up your fitness business?
Explore the latest challenges and opportunities facing the fitness sector in our brand-new Health & Wellbeing Pulse Report. Uncover detailed insights into technological advancements, investment trends, and more - all informed by our unique credit perspective and years of specialist financing experience.
Funding exit strategies: What banks and PE firms look for
Exits are the lifeblood of private equity. We’ve been fortunate to be involved in several very positive and notable private equity exits over the years, such as the LEON sale to EG Group in 2021. This blog explores what banks and private equity firms look for when funding exit strategies.
LENDING SPOTLIGHT
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Untold Living: Developer, owner and operator of Integrated Retirement Communities
We were delighted to provide a £26.4m loan to Matter Real Estate-backed developer-operator Untold Living to support the construction of a newly consented site in Shropshire, alongside the operation of a scheme in Wiltshire.
Kester Capital: A leading UK private equity investor focused on tech and healthcare
We are proud to have completed a leveraged buy-out facility with Kester Capital to support its investment in world-leading architectural visualisation business, The Boundary. Founded in 2014, The Boundary is a rapidly growing international business with an exceptional reputation as the leading real-time rendering-focused VR studio in the architectural industry.
AMS Group: Manchester headquartered, full-service professional services firm
We were thrilled to provide AMS Group with a bespoke loan facility. With the UK’s accounting and audit market set for significant growth, AMS Group is perfectly positioned to capitalise on this tailwind through their successful “buy and build” strategy.
WE NEED YOUR SUPPORT
We made it into the Top 3 for GRI Club’s ‘Industrial & logistics project of the year’ award with our customers, Cerberus Capital Management and ALMCOR. But we need your help to bring it home.
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QUOTE OF THE MONTH
"27 hours 23 minutes to open – I’ve opened many bank accounts with many providers, and this is a clear record. It’s like the 100 meters vs. a marathon!"
Jeremy Gledhill, CFO at Honey, talking about his experience opening an OakNorth business banking account
*No fees as of 13-Aug-2024 but subject to change. **Variable rates correct as of 13-Aug-2024. T&Cs apply.