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Flexible C&I lending for the lower mid-market

Supporting private equity, independent sponsor and family office-backed businesses with cash-flow-based lending solutions.

Types of deals

Loan size:

$3M - $35M

EBITDA:

$2M - $30M

LEVERAGE:

Up to 4x

GEOGRAPHIES:

Nationwide

INDUSTRIES:

Agnostic

PURPOSE:

LBOs, MBOs, acquisitions, add-ons, refinancings, dividend recaps, working capital

STRUCTURE:

Senior/first-out term loans, delayed draw term loans, revolving credit facilities, club participations and syndications

Why OakNorth?

Speed

We move quickly to have facilities in place within weeks.

Tailored

Flexible financing structures designed to meet your unique needs.

Transparent

Direct access to decision-makers.

Entrepreneurial

We understand risk
and opportunity.

Deals & press

C&I
Priority Physicians

Thursday June 25th, 2026

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided $17.1m in loans and committed facilities to LegacyMD, LLC. The funds will support the creation of the LegacyMD concierge healthcare platform, including the reorganization of Priority Physicians, the acquisition of Health Bridge, and the buildout of two new flagship offices in Fishers, Indiana and Long […]

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C&I
Uncommon Equity

Tuesday November 4th, 2025

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a senior debt facility to support Chicago-based private investment firm Uncommon Equity in its acquisition of HopCat, the Michigan-based bar-restaurant group known for its elevated comfort food and extensive craft beer selection. The facility comprises a term loan, a revolving credit facility and a delayed […]

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C&I
Pro Hospitality Group

Thursday October 16th, 2025

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided an $8.9m loan to Pro Hospitality Group. The funds will refinance existing debt and support the relaunch of the 100-key Hotel Elev8 in Flagstaff, Arizona. Located off Interstate 40, the two-storey hotel has recently undergone a comprehensive renovation, including upgraded guestrooms and bathrooms, new furnishings, […]

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Our team

Connor Bieling

Director, Debt Finance (C&I)

Connor serves as Director of Debt Finance at OakNorth, specializing in commercial and industrial (C&I) lending solutions. With significant experience originating and executing debt capital structures, Connor previously held senior positions at Modern Bank, where he led numerous successful debt transactions for mid-market businesses. His expertise includes providing customized cash flow lending solutions aligned with strategic client goals to support leveraged buyouts (LBOs), acquisition finance initiatives and working capital.

Kabir Bhalla

Senior Associate, Debt Finance

Kabir is a Senior Associate in OakNorth’s Debt Finance team, specializing in commercial and industrial (C&I) lending. He supports the origination and execution of cash flow lending solutions for mid-market businesses, including financing for leveraged buyouts (LBOs), acquisitions and working capital. 

James Nelson

Senior Director, Credit

James joined OakNorth in 2020 and brings decades of experience across major financial institutions including PwC, RBS, Barclays and Santander. A Chartered Accountant by training, he specialises in structuring bespoke corporate debt solutions for growing businesses. With deep expertise in credit analysis and underwriting, James plays a key role in supporting complex C&I transactions across a range of sectors. 

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Our team is ready to structure a solution that fits your business goals.

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