The Credit Scientist

A research and development blog from the team at OakNorth.

Diversify with confidence and make inroads into commercial and industrial lending

Many lenders in the US have had a lot of success with Commercial Real Estate (CRE) lending and place far less effort on lending to trading businesses (often called “Commercial and Industrial” or...

Banks have historically lent to CRE because it’s straight forward to evaluate a property vs. the complexities of a particular business and sector

Many lenders in the US have had a lot of success with...

Customers Bank partners with OakNorth to compete with larger lenders

Most banks operate in the stone age, hindered by legacy technology and processes. At Customers Bank, we have been able to compete with some of the largest and most established lenders, growing assets from $250 million to $18 billion over the last decade, by taking a “high tech, high touch” approach.

Most banks operate in the stone age, hindered by legacy technology and processes. At Customers Bank, we have been able to compete with some of the largest and most established lenders,...