About OakNorth Bank

OakNorth Bank was created to help the UK’s growth businesses and entrepreneurs reach their potential by providing them with bespoke, no-nonsense debt finance solutions, delivered in days or weeks rather than months.

Oak trees can live for 1,000 years, and Oak wood is one of the strongest and most durable of all woods. Having a “North Star” means knowing where one is headed.

The name OakNorth represents strength, staying power, and clarity of direction. The entrepreneurs and growth businesses we support are characterised by these attributes.

For far too long, entrepreneurs and growth businesses have been underserved by their banks.

In 2006, our founders Rishi Khosla and Joel Perlman were trying to secure working capital to support their growth business, Copal Amba (now part of Moody’s Corporation). Despite having a good business with healthy cash flow, they found that banks were unwilling to help because the business had no property to act as security.

As they built their business they came across many other entrepreneurs in the UK who faced the same challenge. That’s why OakNorth Bank was created.

OakNorth has been founded and is run by entrepreneurs not bankers. Therefore we understand entrepreneurs/owner-managers, and the fact that their requirements often do not fit into standardised models. We believe that a funding partner needs to be able to understand the dynamics of a business, and structure lending to suit the business – opposed to the other way around.

  • We have an efficient credit process with early stage yes/no decisions to avoid wasting the borrower's time (and our time)
  • Borrowers meet the bank's Credit Committee for face to face discussions
  • We provide flexible and bespoke funding structures, focusing on the specific business's requirements and situation.

For business finance contact us today:


For property finance contact us today:


OakNorth is proud to be on The Leap 100 – the definitive list of the most exciting, fast growth companies in the UK

OakNorth is proud to be partnering with British Business Bank on its Help to Grow scheme.