Latest News

Catch up on our latest news and press releases.

Q3 2020 Update

2 NOV 2020

Highlights

Bridge Round fundraise, to extend our cash runway, over-subscribed at 420% of minimum…
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Ready to step into the breach...

3 AUG 2020

While serving as founding chairman of the state-owned British Business Bank Ron Emerson got used to hearing sniffy comments about the notion of the UK having an economic development agency. “People said it wasn’t necessary and that it won’t work.” Then came the Covid-19 pandemic and a reappraisal of the agency — indeed, of the idea of state…

Q2 2020 Update

31 JUL 2020

Despite a very challenging market backdrop, substantial progress has been made in the second quarter of the year. The bank licence process has been completed, subject only to the completion of capital, which is progressing well.

How to choose your broker

24 JUL 2020

For many businesses, taking out a loan is one of the biggest decisions there is. Many businesses choose to be supported through the process by going through a broker, who negotiates and arranges loans for a living.

B-North partners with Wiserfunding for SME credit risk assessment

13 JUL 2020

We have chosen Wiserfunding as our risk grading partner. This key element of B-North’s underwriting strategy will help us become more confident when assessing the credit profile of SMEs and, consequently, turn customer cases around faster and more accurately than other market participants – whilst also supporting B-North underwriters to make better…