The OakNorth newsroom

Stay in the know about our latest partnerships, customer success stories and all other things OakNorth.

For press enquiries, get in touch at press@oaknorth.co.uk

OakNorth Bank sees exceptional growth in 2021 with pre-tax profits up by 73% to £134.5mn

Wednesday March 30th, 2022

OakNorth Bank has today published its 2021 Annual Report, revealing a 73% increase in pre-tax profits to £134.5 million[1] (up from £77.6 million in 2020), and a 60% increase in new lending to £1.8 billion (up from £1.1 billion in 2020). By delivering this growth, OakNorth Bank deepened its support for UK businesses, powered by […]

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OakNorth Bank provides loan to Strawberry Fields Nursery and Preschool to pursue “buy and build” strategy of nurseries with swimming academies

Tuesday March 15th, 2022

Based in Chorley, Strawberry Fields is a newly developed purpose-built full-day nursery in Chorley, Lancashire, with capacity for 110 kids, a café, and a swimming academy; The swimming academy provides Strawberry Fields with a differentiated offering in the market and an additional revenue stream outside of nursery hours; Despite only being open for a few […]

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OakNorth Bank completes £40M loan to a social impact investment group that are offering innovative solutions to tackle the social housing and care crisis

Monday March 7th, 2022

The loan is to Grosvenor Hill, a newly formed social impact group led by the team behind Mountain Capital & MLX Capital, who have a long-standing track record of delivering high-quality real estate projects across the UK; Grosvenor Hill are a real estate and investment group that uniquely designs and develops projects in partnership with […]

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OakNorth Bank provides SME housebuilder, Martin Homes, with a £13.6M loan for new major mixed-use scheme in Hove, Sussex

Wednesday March 2nd, 2022

  Founded in 2008, Martin Homes specialises in new build and conversion developments within the prime locations of London, Sussex, Surrey, and Kent; The capital from OakNorth Bank will be used to develop a new major-mixed use scheme in Hove, compromising of 52 apartments, a large office space and 25 private parking spaces; Situated on […]

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Harwood Private Capital supports the management buyout of Suffolk based family-run horticulture business following £20M funding package from OakNorth Bank

Monday February 28th, 2022

Harwood Private Capital focuses on providing flexible funding to UK SMEs and lower mid-market companies; The firm has secured a £20M funding package from OakNorth Bank to support the management buyout of family-run horticulture business, Mr. Fothergill’s Seeds Limited; Founded in 1978 by Jeff Fothergill and Brian Carey, Mr. Fothergill’s Seeds is an independent  horticulture […]

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OakNorth Bank completes £21M loan to Tri7 and Alchemy to invest in real estate value-add opportunities that have arisen on the back of COVID-19

Tuesday February 15th, 2022

OakNorth Bank completes £21M loan to Tri7 and Alchemy to invest in real estate value-add opportunities that have arisen on the back of COVID-19 The capital is to Tri7 (formerly known as Skape Real Estate), a real estate investment and asset management firm, and funds advised by Alchemy Special Opportunities LLP (Alchemy), the European private […]

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The OakNorth newsroom

Stay in the know about our latest partnerships, customer success stories and all other things OakNorth.

For press enquiries, get in touch at press@oaknorth.co.uk

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