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Status: Funded

Nov 13th 2019 - Mar 11th 2020

B-North is creating an SME business bank that will deliver fast decisions with loans being given in two weeks. Its model is formed around strong relationships with both brokers and customers. B-North is in a positive conversation with the British Business Bank for Tier 2 debt, and its FinTech enabled lending platform is excellent. The funds will be used to expand the team and develop the platform. The company also aims at assembling a highly-experienced and ambitious management team supported by a heavyweight board.





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B-North Rating Review

Pitch rating powered by CROWDRATING

Rated on 19/12/2019

Pitch Rated

52%

Insufficient Data

Management

90%

Product

66%

Investment

UNRATED*

* Section unrated owing to insufficient or incomplete information available at the time of rating.

Log in to view amount pledged

    Log in to view target

    £14,246,344
    pre-money valuation

    12.50%
    equity available

    55
    investors

    £51,188
    pledge per investor

    11030672
    company number

    Liquidation
    company status

    25/10/2017
    incorporated 7 years

    Equity Calculator
    ?>
    Investment
    £
    Equity
    %
    Previous Funding rounds
    29 Mar 24 Growth Capital Ventures £883,835 / 177%
    29 Mar 24 Growth Capital Ventures £2,149,256 / 430%
    29 Mar 24 Crowdcube £2,135,456 / 122% 52.00%
    28 Mar 24 Growth Capital Ventures £2,815,350 / 141% 52.00%

What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own
    50-64%
    Room for improvement
    65-79%
    Worth considering
    80%+
    Gold rating, our highest rating

RISK WARNING - The ratings are based on the information provided in the fund raiser’s pitch deck, business plans and financial forecasts which have appeared on a FCA regulated crowdfunding site. Where possible we validate the business plan to public sources such as LinkedIn, Companies House, Credit Agencies and internet searches. We cannot guarantee the information is correct. The ratings report takes no account of the investors/ individual circumstances. Do your own due diligence and get professional advice before investing. Your capital is at risk when investing in private companies.

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Management 90%

Skills 91%
B-North's management team covers all the key roles with skilled individuals, some of whom have received industry awards for their expertise.

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Funding progress

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days to go: Stretch investment: Withheld

Log in to view amount pledged

    Log in to view target

    £14,246,344
    pre-money valuation

    12.50%
    equity available

    55
    investors

    £51,188
    pledge per investor

    11030672
    company number

    Liquidation
    company status

    25/10/2017
    incorporated 7 years

    Equity Calculator
    ?>
    Investment
    £
    Equity
    %
    Previous Funding rounds
    29 Mar 24 Growth Capital Ventures £2,815,350 / 141% 52.00%
    29 Mar 24 Growth Capital Ventures £883,835 / 177%
    29 Mar 24 Growth Capital Ventures £2,149,256 / 430%
    29 Mar 24 Crowdcube £2,135,456 / 122% 52.00%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph