OakNorth Bank

OakNorth is a UK-based bank founded by Rishi Khosla and Joel Perlman, dedicated to supporting small and medium-sized enterprises (SMEs) with tailored financial solutions. Leveraging advanced data-driven technology, OakNorth offers fast and flexible business loans, making the borrowing process straightforward and transparent. Their mission is to bridge the financing gap for the “Missing Middle” – businesses that play a crucial role in economic and employment growth but often face challenges in securing necessary funding. Since its inception, OakNorth has significantly contributed to the UK economy, facilitating the creation of over 40,000 new jobs and 29,000 new homes.

• Year Founded: OakNorth was established in 2015 with the vision of addressing the unique financial needs of small and medium-sized enterprises (SMEs). Since its inception, the bank has focused on providing tailored financial solutions to support the growth and success of these businesses.
• CEO: Rishi Khosla is the co-founder and CEO of OakNorth. With a strong background in finance and entrepreneurship, Rishi has been instrumental in driving the bank’s mission to empower SMEs through innovative lending practices. His leadership has helped OakNorth become a significant player in the financial services industry.
• Headquarters: OakNorth is headquartered in London, one of the world’s leading financial hubs. This strategic location allows the bank to leverage the city’s robust financial infrastructure and talent pool, enabling it to offer top-notch services to its clients.

Why Choose OakNorth?

1. Tailored Financial Solutions: OakNorth specializes in providing customized business loans that cater to the unique needs of small and medium-sized enterprises (SMEs). Their data-driven approach ensures that each loan is designed to support the specific growth aspirations of the business.
2. Speed and Flexibility: Unlike traditional banks, OakNorth leverages advanced technology to streamline the lending process. This results in faster approval times and more flexible loan terms, allowing businesses to access the capital they need when they need it.
3. Transparency: OakNorth Bank is committed to making the borrowing process straightforward and transparent. Their platform provides clear and concise information, helping businesses understand their financial options without any hidden fees or complex terms.
4. Economic Impact: Since its inception, OakNorth has played a significant role in the UK economy, contributing to the creation of over 40,000 new jobs and 29,000 new homes. By supporting the “Missing Middle,” OakNorth Bank helps drive sustainable economic growth and community development.
5. Customer-Centric Approach: OakNorth’s focus on understanding the unique challenges faced by SMEs sets them apart. They prioritize building strong relationships with their clients, ensuring that each business receives the support and guidance needed to succeed.