Next-generation finance for
nurseries & specialist education
From acquiring new sites to large-scale development projects, we help childcare, education, and specialist education businesses access the funding they need to grow.
Getting a new project off the ground can be difficult, especially without the right support. With OakNorth, you can access tailored commercial finance, to make your growth plans a reality.
We’ve partnered with schools, nurseries and specialist education providers to cover working capital, as well as build, refurbish and acquire new and existing sites. With business loans ranging from £250,000 to tens of millions, we’ll help you uncover the right debt finance solution in a simple, transparent way.
Not sure which business loans we offer? From bridging loans to property development loans and revolving credit facilities, find out what works for you in our business loans guide.
We know that projects in the childcare and education space evolve quickly, with plenty of scope for additional development and new acquisition opportunities.
Our umbrella facilities, which offer a number of different loan structures, are designed to cater to just that.
Whether you own a nursery, a school, or another place where students learn, improving those spaces can have an enormous impact.
At OakNorth we help you bring new projects to life, with capital expenditure facilities for school-building, refurbishment, acquisitions and more.
Rigid loan terms can be frustrating, particularly when you’re dealing with teams that don’t understand the finer details of your business.
We take the time to see where your business is going, which allows us to be more flexible when it comes to the structure of your loan.
With OakNorth you won’t be handed over to multiple different divisions or have to refinance after each stage in the process.
We keep things simple, with the same team supporting your project all the way from buy to build.
Nurseries, schools, and universities all play a huge part in their communities.
We’re proud to have helped a range of childcare and educational institutions regenerate areas, boost local economies and create new career opportunities.
We’re entrepreneurs at heart, so we build our early years and education sector loans with business owners front and centre. That means no inflexible and inefficient debt finance facilities, no-time wasting, and no ambiguity. Just straightforward funding without giving up equity.
QUICK ACCESS TO CASH
Get funded faster
When you discover the perfect piece of land for your next school, nursery or other project, you can’t afford to hang around waiting for a bank to get back to you.
With OakNorth, funds can be with you in a matter of weeks, so you can move things forward in the time it takes to do business.
HIGHLY CUSTOMISED SOLUTIONS
Tailor your finance to your future
Your project might start with property development or an acquisition, but there’s a high chance it’ll progress into other activities that may need financing too.
With OakNorth’s bespoke facilities you can save the money and hassle that comes with project-by-project capital.
A TRANSPARENT PROCESS
Meet key decision makers
One of the main differences between OakNorth and more traditional providers is our transparency. We’ll keep you in the loop throughout, so you always know where you stand.
For loans above a certain size, you can even meet our Credit Committee.
EXPERTS THAT UNDERSTAND BUSINESS GROWTH
Reach success with the right people
Our award-winning debt finance team know nurseries, schools and universities inside out.
As a result, they’ll only offer you the tailored financing options that make sense for your growth.
Despite the challenges of Covid-19, we were able to demonstrate Little Explorers’ successful track record pre-pandemic, and our growth plans for the years to come. As a sector that has been heavily impacted by the lockdown, I’m incredibly grateful for OakNorth’s support.
A key reason for us choosing OakNorth was that we needed the transaction to be completed quickly, plus the team have an excellent understanding of the market and both regions, and were prepared to work just as hard as us to get the deal done.
The team at OakNorth took a very pragmatic and flexible approach – there was no box-ticking, no off-the-shelf solutions, and we genuinely got a loan structure that works for our business. They were also very proactive – morning, noon or night, they were available – a very professional and positive experience.
Fund your next move today
If you have a clear vision for growth in the childcare and education sector, we can make it happen. Speak to a member of our team and we’ll help you kickstart your next move.
Founded in 2015 by Lee Stimpson, Little Explorers is one of the most popular nurseries in the South East of England, offering high quality education that aims to help children meet their full potential, academically, socially and emotionally.
Located within the London Borough of Hackney, Side by Side is a special needs school and integrated nursery, catering to children between the ages of two and 19.
What separates OakNorth from traditional banks?
We take the time to understand your business and tailor a loan to your needs, in a fast, transparent way. We’ll turn things around in weeks rather than months, with no opaque, “computer says no” decisions.
I’m expecting to deliver repeat development projects. What other facilities are available?
We have years of experience helping businesses avoid the pitfalls of project-by-project financing. Our umbrella facilities allow for multiple projects and the acquisition of new assets, so you can deliver projects more quickly and reduce costs.
What sets OakNorth’s childcare and education expertise apart from other lenders?
Our flexibility: we’ll work with you to design something truly bespoke – so you can acquire and refurbish a site all under one facility, for example.
How is the cost of an OakNorth loan calculated?
The cost of your loan is based on what kind of borrower you are, or your risk profile, which depends on factors like credit history, industry sector and more. We focus on speed, flexibility and competitive terms over price.
Do you provide “interest-only” loans?
Depending on factors like your business’ risk profile and what you need the funding for, we can provide amortising loans, where you gradually pay off your debt with regular payments, as well as non-amortising loans, where you pay off the loan in a lump sum.
Do I need to move all my business banking to OakNorth?
Unlike many other high street banks, we won’t make you transfer your business banking over to us, so you can apply for a loan quickly and easily.
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