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Ultimate Finance Group, the specialist asset-based lender, is part of Tavistock Group, the private investment organization founded by Joe Lewis; Ultimate Finance Group has completed over £90m of bridging facilities since its inception in 2016, with a spread of clients across the UK; Since completing its first loan-on-loan facility in 2015 – a liquidity line […]
Key investors include Glendower Capital, Strategic Partners (Blackstone’s Secondaries Division), BMO Global Asset Management (BMO) and Bluegem GP; Founded in 2007 by Marco Capello and Emilio Di Spiezio, Bluegem Capital Partners is a London-based private equity firm focused on staple consumer brands; Since March, OakNorth Bank has approved over £650m in new loans to support a hotel […]
Despite the ongoing challenges of COVID-19, OakNorth Bank has continued supporting British businesses, approving an average of £150m in new loans each month since the start of lockdown in March, including £220m through CBILS and CLBILS; Since being accredited, OakNorth Bank has now also received an additional CBILS lending allocation from the British Business Bank; […]
The Jade Hotel has secured a loan to redecorate its 30 bedrooms and add another five, refit its bathrooms, and make repairs to the roof and front exterior; The hotel has been in operation since 1984 and is run by the Khalid family, who converted it from a 5-storey terraced house into a 30-bedroom hotel […]
As an accredited lender under the British Business Bank (BBB), OakNorth Bank was able to disperse the funds through the government’s Coronavirus Business Interruption Loan Scheme (CBILS); To address the impact of COVID-19, Red Oak Taverns has taken this loan as a standby facility to ensure the business has the required liquidity to deal with […]
The capital, allocated through the government’s Coronavirus Business Interruption Loan Scheme (CBILS), will be used to part refinance an existing shareholder loan from sister company and release liquidity to the wider business; Dewing Properties recently completed a major residential development consisting of 44 homes, including eight affordable units, in the popular Norfolk coastal town of […]
Stay in the know about our latest partnerships, customer success stories and all other things OakNorth.
For press enquiries, get in touch at [email protected]