Facilities provided by the bank since the start of 2023 include; funding the growth plans of UK hospitality and pub group, Heartwood Collection; a £3m loan to LDC-backed e-learning software company, Omniplex Learning; and a £37m facility to self-storage provider, UK Storage Company.
- Hilltop launches real estate funding and management platform
- Arc & Co arranges £22m for Hilton Hotel refinancing
- Grosvenor Hill Social Impact Group secures £40m loan from OakNorth Bank
Ben Barbanel, head of debt finance at OakNorth Bank (pictured above), commented: “The UK’s ‘Missing Middle’ continues to be the backbone of our economy so powering their growth ambitions is essential for enabling the country to overcome the current economic challenges.
“With the current cost of living crisis set to continue well into next year, we want to reassure businesses that we’re here to support them whether they need debt for growth, M&A, a management buy-out or buy-in, working capital or anything else.”
Leave a comment