OakNorth Credit Intelligence

Breaking with the past

Loan underwriting traditionally relies on a largely historical view, using relatively limited financial models to simulate cash flow and test the ability of the business to meet repayments. This is augmented by peer group analysis, comparing a prospective borrower with similar businesses to establish expectations for future performance. However, a bad experience with a particular sector could put the credit officer, relationship manager or indeed, the entire bank off the idea of ever lending to a similar business again. This limits opportunity and makes it hard to accurately assess and re-assess the loan book: an area that regulators are paying increasing attention to. Credit Intelligence is different.

The science of credit

Based on a deep, contextual insight specific to each borrower and their business, allowing you to lend to a much wider market with confidence and at lower risk. You gain a continuous underwriting view of your loan book, giving your people the right information exactly when they need it. You can make decisions up to ten times faster than with traditional lending models.

Born from a bank