White Oak UK has over 30 years’ experience of providing finance to the professional services sector. We’ve helped thousands of professional practices with short-term finance to cover recurring costs such as VAT, Corporation Tax, Professional Indemnity Insurance and Self-Assessment Tax.
But did you know that there are long-term solutions that can help your practice with a variety of purposes
What do we mean by professional services?
By professional services we mean professional practices such as
- Accountants
- Architects
- Barristers
- Chiropractors
- Dentists
- Opticians
- Pharmacies
- Solicitors
- Veterinary practices
What can a long-term business loan be used for?
Our longer-term loans help you drive growth and finance development. It can help your practice raise the capital required to cover a range of costs over a loan period between 12 months and 5 years.
We developed our Business Development Loan for your requirements and it continues to evolve with the needs of our customers. We view each requirement on its own merits and cover the finance for areas, including, but not exclusive to:
Aged Debt & Debtors
Aged debt is a measurement of the total money you’re owed by your customers and is critical to any practice’s cash flow. Our aged debt facility enables you to fund aged debt over the long-term, thereby easing the strain on your cash flow.
Block Fee Purchases
Our block fee funding allows accountants to increase their client base through the purchase of a block of fees, without the need to find a large upfront cost. A business can spread the finance over a term of 3 to 5 years.
Disbursements & Case Acquisitions
Our disbursement funding options can help you to nurture business growth by allowing you to serve new case acquisitions and fund ongoing disbursements. Utilising this straightforward line of funding can cover all forms of disbursement and case acquisition costs, with additional working capital also available should this be required
Furniture & Refurbishments
Tired, outdated premises can create a poor first impression of your practice. We can help you invest in the equipment that you need, from refurbishing reception areas to refits of your premises. We can provide you with the ability to create the right business environment whilst spreading the cost of this investment over suitable term, keeping both your staff and customers happy.
ICT & Medical Equipment
Upgrading IT & Software or Medical Equipment are an important consideration for your practice. However, costs for new technology, and upgrades and developments within new software can have a considerable impact on cash-flow.
Partner/Member Buy In & Outs and Practice Acquisitions
Our finance for buy in & outs or practice acquisitions allows those in professional services to grow their career or expand their existing practice. Avoid paying the full cost of the transaction, giving you the ability to spread the cost over 5 years.
Talk to us
If you are looking to find the right finance for your business, contact us today.
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