Sustainable Ventures will provide OakNorth’s business banking and debt financing options to its clients to help them grow their businesses.
Ben Barbanel, head of debt finance at OakNorth, commented: “By partnering with Sustainable Ventures, we can deepen our commitment to supporting green businesses, as well as working towards our own ambitious net-zero targets.
“This partnership will empower the next generation of green innovators, offering them access to our flexible, bespoke banking solutions, as well as Sustainable Ventures’ unique ecosystem of over 800 climate tech companies.
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“Together, we hope to drive meaningful change by supporting businesses that align with global sustainability goals.”
Andrew Wordsworth, CEO at Sustainable Ventures, added: “Here at Sustainable Ventures, we’re on the side of the entrepreneur, and we know that one of the greatest challenges for climate tech businesses is accessing the capital they need to scale.
“We’re excited by this collaboration with OakNorth as it can unlock new financial solutions for our ever-growing ecosystem, creating new ways for entrepreneurs to overcome financial barriers, scale their impact, and drive meaningful progress in tackling climate change.”
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