British FinTech OakNorth has opened up a Manchester base.
In Brief:
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This comes after news the firm has put together a dedicated team for SME lending in the north of England.
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The new space is 3,200 sq ft, sufficient for 60 people.
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So far, the FinTech has lent almost £4bn to date.
What does this mean?
Lending to SMEs key priority in UK at the moment, and OakNorth has continued to grow with little worry of defaults at a time of economic uncertainty for the nation.