Working Capital Loans
Flexible working capital loans to support your business growth.
Whether you are starting out or aiming for growth, our business working capital loans ensure your business stays agile, well-prepared, and ready to thrive.
Benefits
- Corporation and income tax payments
- VAT payments
- Insurance cover
- Practising certificates
- Software licenses
- Annual subscriptions
Key Terms
- Borrow from £25k to £1m
- 3 to 12 month terms
- Interest-only working capital loan option available
Eligibility Requirements
- Trading for 3 years or longer
- Track record of profitability
- Short-term requirement
Get in touch to discuss your business loan requirements today.
Types of Working Capital Loans
Corporation and Income Tax Payments
Ensure smooth financial operations by utilising Working Capital Loans to cover Corporation and Income Tax payments, offering the flexibility needed to meet your tax obligations without compromising your business’s liquidity.
VAT Payments
Stay ahead of your VAT commitments with Working Capital Loans, providing a reliable source of funds to manage VAT payments seamlessly and maintain a strong financial position for sustained growth.
Insurance Cover
Protect your business against unforeseen events by leveraging Working Capital Loans to cover insurance costs, ensuring that you have the financial security needed to navigate unexpected challenges.
Practising Certificates
Secure the necessary certifications for your professional practice with Working Capital Loans, offering the financial support required to obtain and renew practising certificates without disrupting your cash flow.
Software Licenses
Keep your business at the forefront of technology with Working Capital Loans tailored for software licenses, enabling you to invest in essential tools without compromising your working capital.
Annual Subscriptions & Licenses
Sustain your business operations smoothly with Working Capital Loans, addressing the financial demands of annual subscriptions and licenses, and ensuring your continued access to essential resources and services.
Frequently Asked Questions
What is working capital?
Working capital, also known as net working capital, refers to the funds your company needs to manage its day-to-day operations. It is essentially the cash available after subtracting your business’s short-term liabilities from its short-term assets.
In simpler terms, working capital is the money remaining after accounting for all incoming revenue and outgoing expenses over a specific period. Sufficient working capital is vital for maintaining smooth business operations, ensuring you can cover expenses such as payroll, inventory, and other short-term obligations.
Why is working capital important?
Managing working capital effectively is vital for your business’s longevity. Even profitable companies can be forced to cease trading if they can’t meet short-term financial obligations.
A high-growth business may run out of cash if working capital needs rise, often due to heavy investment in inventory and increasing accounts receivable from credit sales.
How does a working capital loan work?
Working capital loans are short-term loans that help businesses cover daily operating expenses. With this funding, they can address cash flow shortages or fund growth opportunities. With fixed repayments and no unexpected costs, our working capital business loans offer flexibility and help businesses budget effectively.
Is a personal guarantee required?
We offer both secured and unsecured lending. Personal guarantees are usually required for secured lending to limited companies, and debentures may be requested for transactions over £250,000.
What should you consider with a working capital loan?
The total cost includes interest, charges, and fees, which vary depending on your business’s credit history. It’s important to fully evaluate these costs before deciding if a working capital loan is the right solution for your business. In some cases, a personal guarantee may be required.
Do White Oak UK help small and new businesses?
Yes, we do. We offer working capital loans for small and new businesses, as long as they have been trading for 3 years or more. Contact our specialist team to discuss your options.
“We explored various banking options, yet found none aligned with our needs. White Oak UK, however, demonstrated a thorough understanding of our business, making the financing process seamless”
Alchemy Coffee
Owner
Here to help if you need us
Contact our UK-based team if you have any questions
