Oakbrook secures £130m debt funding facility from AB CarVal and NatWest to accelerate growth and support financial inclusion through its innovative financial solutions
4th September 2025
Funding will support accelerated new lending as Oakbrook helps more people simplify and personalise their finances through smart and responsible borrowing solutions.
Nottingham, 4 September 2025 - Oakbrook, a leading unsecured consumer lender in the UK, headquartered in Nottingham and backed by Blenheim Chalcot, the venture builder, has secured a £130 million funding facility from funds managed by AB CarVal and NatWest. The three-year facility will support the continued growth of Oakbrook’s personal lending business and help more customers access credit they can manage.
The new facility will enable Oakbrook to serve a wide range of customers across the UK through its direct-to-consumer channels. The funding will be used to support new loan originations and continued product development as Oakbrook continues to simplify and personalise borrowing for even more people across the UK – helping customers take control of their finances through smart, responsible credit solutions.
“This partnership with AB CarVal enables us to grow our lending reach while staying true to our purpose – to simplify and personalise borrowing,” said Jon Painter, CEO of Oakbrook. “It also allows us to build on the strong relationship we established with AB CarVal in 2024 and allows us to further expand our customer offering in partnership with NatWest.”
“We are delighted to support Oakbrook with this new facility to help them continue to expand consumer access to affordable credit in a simplified way. An important part of our asset-based finance strategy is partnering with high-calibre originators and management teams to fund in-demand consumer credit solutions into the real economy,” said Robert Sinclair, Managing Director with AB CarVal.
“We are pleased to support Oakbrook in its mission to make borrowing simpler and more inclusive. This facility underscores our commitment to backing innovative financial solutions that empower customers and promote responsible lending across the UK ” said Manuel Bercovici, Director, NatWest.