The Problem

Entrepreneurs all over the world have been adversely affected by banks centralising credit decision-making.

How it came about

In a drive to cut costs

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Local branch managers lost the ability to offer loans in their local communities 20 years ago…

…creating a problem for entrepreneurs and business owners worldwide

Centralised decision making meant...

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Debt “products” that didn’t fit their needs

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2–6 months to get an answer

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Checklist-driven lending criteria meant higher rejection rate

…resulting in frustrated entrepreneurs: This is not what I want!”

Our Solution

We leverage process excellence, machine learning and technology to fuel data-driven decision making across the loan lifecycle.

OakNorth Analytical Intelligence has circa €5bn in assets under service with clients across the US, Europe and Asia.

Combining thoughtful, bespoke lending with detailed, proactive monitoring.

Credit analysis

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OakNorth AI leverages machine learning techniques as well as internal and external data sets to conduct deep fundamental credit analysis, with speed and deep insights

  • Credit paper
  • Full financial model
  • Bespoke structuring
  • Benchmarking

Proactive monitoring

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OakNorth AI provides proactive portfolio monitoring focused on early warning signals to intervene months before covenant breaches and defaults

  • Automated monitoring
  • Portfolio management
  • Early signalling
  • Industry benchmarking
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Speed

Time to cash in a few weeks

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Pricing

Higher pricing and better risk-reward

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Suitability

Highly customised loan facilities

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Cost

Structural reduction in cost income ratio

Proving the proposition

OakNorth Analytical Intelligence is being used by a number of leading banks around the world, and by us in the UK via our own balance sheet lending.

In the UK, OakNorth has lent over £2bn to UK businesses without a single default to date, directly helping with the creation of over 9,500 new homes and 11,000 new jobs.