Oaknorth Bank

OakNorth Bank has provided a £10.3 million finance facility to Tarka Edinburgh to fund the acquisition and development of an upscale pod hostel and rooftop bar in Edinburgh's city centre. Tarka is a new hospitality brand focused on upscale pod-style hostels, designed to deliver comfort, connec

Digital bank for entrepreneurs OakNorth has provided £11 million in funding to Longacre Group, a long-term investment company, to acquire a majority stake in Veracity, a global provider of network connectivity products and surveillance systems. Founded in 2005 in Prestwick, Veracity has a glob

Scottish debt recovery firm BPO Collections has been provided a £3.3 million loan from OakNorth to acquire CCS Collect. Ayrshire-headquartered BPO Collections, which is a wholly owned subsidiary of Canadian-based Everyday People Financial Corp, was founded by Graham Rankin in 2006. The fi

OakNorth Bank has appointed Michael McGregor as director of debt finance at its Glasgow office in a move to boost corporate lending across Scotland. Mr McGregor brings over 12 years of banking and finance experience, most recently serving as relationship director for high-growth businesses at Santan

Glasgow-headquartered property and investment company Ambassador Group, has secured a £21 million loan from OakNorth Bank, to fund the development of over 70 new homes at the group's latest site at the historic Bangour Village, as well as ongoing infrastructure works. The units include 51

OakNorth Bank, the entrepreneurial neobank, has recently extended its operations into Scotland, setting up a new office on Glasgow's George Square, and has appointed a new senior director of debt finance and associate debt finance director. Recognised for its unique approach to lending, the bank has

A derelict brownfield site in the west of Edinburgh is to be transformed into a multi-purpose country park and leisure facility with £26 million backing from the Scottish National Investment Bank (SNIB) The Wavegarden Scotland redevelopment of the disused Craigpark Quarry near Ratho will see t

A £30 million transformation programme has been unveiled by Bruntwood SciTech after it acquired the ‘People Make Glasgow’ building from Osborne+Co for £16.2m. Bruntwood SciTech, a joint venture between investor and developer Bruntwood and Legal & General, is a property an

OakNorth Bank has provided a £4.8 million loan to House of Gods Hotels, the boutique accommodation business, to allow the firm to open new hotels in Glasgow and Manchester. Founded by brothers Mike and Ross Baxter, House of Gods Hotel in Edinburgh was partially funded via a £1.1 million

BXTR, a boutique accommodation specialist, has received £1 million in funding from OakNorth Bank to help drive the expansion of a new hotel brand.