# B-North ‘Bridge over troubled waters’ (Interview)

- Link: https://www.directorstalkinterviews.com/b-north-bridge-over-troubled-waters-interview/412841120
- Published: 2020-07-09T14:27:50+01:00
- Author: Giles Arbor

**B-North Ltd** is the topic of conversation when Hardman & Co Analyst Mark Thomas
joins DirectorsTalk. Mark explain why he called his note ‘Bridge over troubled waters’,
why the company’s outlook has improved, the equity raise, the key advantages of 
the B-North model, the risks involved and how the company coped with COVID-19 operationally.

B-North is being developed to serve the huge UK SME lending market. It has state-
of-the-art technology, a regional hub model and experienced managers to deliver 
a best-in-class service to SMEs and commercial brokers. It will be funded through
best-buy retail deposit comparison websites. The model should have a material cost
advantage over competitors, and credit risk is being tightly managed.

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