Netherlands-based real estate lender Oimio has signed a deal with OakNorth to deploy the latter’s loan structuring platform.
The newly-launched Oimio focuses on lending to small and medium enterprises (SMEs) with a target loan size of €1-10 million.
Jeroen Belt, founder of Oimio, says that “small and medium-sized commercial real estate investors need a partner they can trust who can provide them with finance that is customised to their unique needs quickly.
“We are excited to work with OakNorth, our trusted partner in setting up this new platform. Through deploying OakNorth’s Platform we hope to achieve a similar positive impact OakNorth Bank has had in the UK.”