B-North is here to disrupt the £150bn UK business lending market.
It shouldn't take months to complete a loan facility with your lender.
We are partnering with global fintech leaders to deliver great personal service, transforming the lending experience, both for UK businesses and for commercial finance intermediaries.
To do this takes great people, so we have assembled a team with market leading experience to create a new force in business lending.
Here at B-North we’re applying for regulatory permission and, if successful, will build a bank which has a singular purpose - to provide finance to UK businesses in a timely, professional & frictionless way.
We are building a business with 3 core USPs...
1. We will lend up to 10x faster than large incumbents by combining leading cloud-native technology with regional distribution;
2. Our unique decentralised model will place core banking functions closer to the customer, in a regional context, including relationship, credit and valuation professionals; and
3. Distribution will be augmented by the large and fast-growing commercial ﬁnance broker channel for which we have developed a unique economic proposition.Contact Us
At B-North, we’re looking for investors to support us on our journey to change the face of SME lending. While there is always a risk, B-North’s development is supported by experienced, ambitious and well-rounded management team.
Investment will drive the business towards launch and future growth with forecast returns of 12.3x Money-on-Money on the Base case forecast, with potential for 20.63x on the extended 8 Pod model. Note these returns are not guaranteed and are indicative only.
B-North have an ambitious management team with a deep understanding of how a successful, business focused bank can help to drive wider economic growth and job creation to help make a positive impact and create long term shareholder and stakeholder value.
We are currently working with GrowthFunders on a fundraise. To find out more, visit growthfunders.com
Brokers are playing an increasingly important role in helping SMEs access the financial support they need.
We have been working closely with brokers to develop our proposition – our aim is to partner with high quality brokers over the long term and our proposition very much reflects this ambition.
If you would like to hear more, or even have a hand in the creation of a new way of SME lending, please submit the contact form below and we will be touch.