Oaknorth extends facility to Gold Funding

Oaknorth has increased its existing facility with Gold Funding Ltd to support the continued growth of its bridging lending platform.

Founded in 2009, Gold Funding Ltd is a London-based specialist lender focused on short-term bridging finance across London and the M25 region. The firm primarily lends against residential assets, including BTL properties and HMOs, as well as selective mixed-use opportunities.

The additional funding builds on the original facility provided by OakNorth in May 2026, which was structured to refinance existing funding lines and provide Gold Funding with greater capacity to expand its lending activities.

Through the increased commitment it is hoped that Gold Funding will be able to further diversify its funding arrangements, support its growing pipeline of new lending opportunities. 

Arye Grossnass, director of Gold Funding Ltd, commented: "Since partnering with OakNorth earlier this year, we've been extremely impressed by the team's understanding of our business and the specialist bridging finance market.

“Their ability to deliver a bespoke funding solution that reflects our ambitions has been instrumental in helping us strengthen our funding platform and continue supporting our customers.

“This latest increase is a natural next step in our relationship and provides us with additional capacity to capitalise on the opportunities we're seeing across the market.”

Mohith Sondhi, managing director of debt Finance at OakNorth, added: "Gold Funding has established an impressive track record in the specialist bridging finance market, underpinned by the extensive experience of Arye [and] Shalom [Gold].

“Since completing our initial transaction earlier this year, we've been pleased with the progress of the partnership and the performance of the underlying lending portfolio.

“The decision to extend our funding reflects our confidence in the business and its continued growth ambitions.”