Articles with tag: oaknorth bank

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OakNorth Bank approves GBP 1.1 bln in new loans

13 Oct 2020 | Payments General

UK-based OakNorth Bank has approved GBP 1.1 billion in new loans to support UK businesses through COVID-19, including over GBP 400 million through the CBILS and the CLBILS. 

OakNorth Bank, loans, UK, United Kingdom, businesses, covid-19, CBILS, CLBILS, lending, economy, Ultimate Finance, The Jade Hotel, Red Oak Taverns, Dewing Properties, Bluegem Capital Partners

OakNorth Bank partners with AML provider ComplyAdvantage

06 Oct 2020 | Online & Mobile Banking

OakNorth Bank, the UK bank that provides debt financing to growth businesses, has announced its partnership with ComplyAdvantage, the global technology company transforming financial crime detection.

OakNorth Bank, ComplyAdvantage, financial crime, onboarding, machine learning,

OakNorth Bank completes its subscription facility to Bluegem Capital Partners

21 Aug 2020 | Online & Mobile Banking

UK-based OakNorth has completed a subscription facility to Bluegem Capital Partners

OakNorth Bank, banks, Bluegem Capital Partners, Europe, UK, Glendower Capital, Strategic Partners (Blackstone’s Secondaries Division), BMO Global Asset Management (BMO), Bluegem GP, Liberty London, Mamas&Papas, Iconic London, Medavita

OakNorth Bank lends GBP 220 mln through CBILS and CLBILS

13 Aug 2020 | Payments General

OakNorth Bank has lent over GBP 220 million through the UK Government’s CBILS and CLBILS business stimulus package, according to AltFi.

OakNorth Bank, CBILS, CLBILS, UK, United Kingdom, business stimulus package, loans, allocation, British Business Bank, pandemic, lockdown, bank, lending

OakNorth Bank approves over GDP 86 mln in loans amid lockdown

13 May 2020 | Payments General

UK-based OakNorth Bank has approved over GDP 50 million in loans, as well as a GDP 36 million allocation through the Coronavirus Business Interruption Loan Scheme (CBILS). 

OakNorth Bank, lockdown, loans, UK, United Kingdom, CBILS, coronavirus business interruption, loan scheme, traditional lender, SME lending market, pandemic, business support

OakNorth Bank completes first fund buy-out deal to FORE Partnership

04 May 2020 | E-invoicing, SCF & E-procurement

UK-based bank, OakNorth has completed its first fund buy-out deal, providing financing to FORE Partnership, a real estate investment company.

OakNorth Bank, FORE Partnership, buy-out deal, investment, Edmond de Rothschild Real Estate Investment Management, UK, CBILS, coronavirus, COVID-19

The British Business Bank approves new lenders for accreditation under CBILS

13 Apr 2020 | E-invoicing, SCF & E-procurement

The British Business Bank has approved four new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS) - The Co-operative Bank, Cynergy Bank, OakNorth Bank, and Starling Bank.

British Business Bank, lending, finance, Coronavirus Business Interruption Loan Scheme, CBILS, The Co-operative Bank, Cynergy Bank, OakNorth Bank, Starling Bank, SMEs, loans, deferred revenues, cashflow, overdrafts, invoice finance, asset finance, coronavirus, Covid-19

OakNorth Bank and secure payments solution Shieldpay announce partnership

23 Sep 2019 | Payments General

UK-based OakNorth Bank has announced a strategic partnership with payments solution, Shieldpay, to launch escrow accounts for borrowers.

OakNorth Bank, Shieldpay, partnership, payments solution, bank, UK, escrow accounts, borrowers, ClearBank, pending payments process, Europe