Since its inception in 2015, OakNorth has gone from strength to strength. Indeed, last year the British challenger bank reported a 220% increase in profits from the previous year. So what is the story behind OakNorth and why is it growing so quickly?
Understanding the myriad of banking accounts, banking products, and fee structures may seem daunting at the outset, but always worth researching in order to achieve your business needs, financial goals and longer term aims, as well as support the working capital needs of your business.
To oil or not to oil? How is the UAE diversifying its economy to attract investment? As oversupply concerns curtail the global oil price’s trudge back upwards following its flirtation… read more →
2018 has been far from a year of economic stability and normality. At this festive time of year, many business owners take the chance to mull over 2019, plan strategies,… read more →
Cash is king, particularly for small businesses. However, maintaining a healthy cashflow is often tricky, and complications around late payments, irregular orders and unplanned costs to the businesses can often… read more →
Europe’s alternative finance market has exploded over the last 5 years, now worth an estimated €7.7bn according to the Cambridge Centre for Alternative Finance. The UK alone has grown by… read more →
Singapore is home to more than 218,000 Small-Medium Enterprises (“SMEs”), defined domestically as firms with annual sales of less than S$100 million or less than 200 employees. These firms employ… read more →
There are more than 200,000 SMEs in Singapore making up 99% of enterprises, employing two-thirds of the workforce, and accounting for about half of Singapore’s GDP. We spoke to Mr… read more →
Usance (or deferred) Letters of Credit are a specific type of LC payable at a predetermined time period. When Letters of Credit were first developed, there were a number of specific Letters… read more →