NatWest Intellectual Property (IP) Loans

In this podcast episode, James Andrews interviews Neil Bellamy, the head of TMT at NatWest, discussing the bank's innovative approach to intellectual property (IP) financing. Neil emphasises the importance of supporting UK innovators and the role of data in assessing the risk and value of IP-rich businesses. The conversation highlights NatWest's commitment to expanding its IP lending services and attracting new customers, showcasing the positive impact of IP on the UK economy.

Takeaways

• NatWest is focusing on supporting innovators to drive the UK economy.

• The bank is launching a venture banking service to assist startups.

• Data plays a crucial role in assessing the risk of IP-rich businesses.

• There have been no defaults or losses in NatWest's IP lending portfolio.

• Intellectual property is a productive asset for lending.

• Nearly 50% of IP loans have been to new customers.

• The bank aims to scale its IP loan offerings nationwide.

• Strong demand from customers indicates a healthy market for IP financing.

• The change in law in Scotland allows for broader IP loan access.

• NatWest's approach differentiates it in the financial services market.

Chapters

00:00 Introduction to IP Financing and NatWest's Role

00:39 The Importance of Data in IP Lending