As a business operating today, having a relationship with a direct lender can hugely improve your operations and streamline any funding applications you may need to make in the future. You never know when a business loan may become a lifeline, and so a trusted business loan direct lender could make all the difference.
What is a business loan direct lender?
In business finance, a direct lender is a financial institution (such as a bank) or investment fund (a pool of money put together by investors) that can provide your business with capital directly, as opposed to using a ‘middleman’ or third party, such as a broker or other intermediary. When you work directly with the lender, all parts of the business loan process, such as the application and payout, occur under the same roof.
Is White Oak UK a direct lender?
Yes! At White Oak UK, we fund the menu of business finance products that we offer. As a non-bank lender, we also have more freedom and flexibility to weigh up each individual client that comes to us, giving us the ability to take a look at more than just their balance sheet when providing access to funds. You can see this in action by taking a look at some of our previous customer success stories.
Why choose White Oak UK
That’s a great question, and one that we don’t take lightly. We strive to act as a one-stop shop for SME funding, with our own balance sheet to boot, but here’s some more food for thought on why the White Oak name is good for business.
We have over four decades of experience
Our roots date back to 1986, when the UK arm of White Oak was known as LDF Group, which operated as a non-bank lender to SMEs throughout the country. LDF grew to the point of being one of the country’s largest providers, and so was acquired by White Oak Global in 2018. At this point, the old LDF HQ (along with the majority of our staff) moved from North Wales to Chester, with further offices based in Glasgow, Southampton and London. We take great pride in our history of acting as an innovative lender to SMEs and mid-level corporates, and our decades of expertise are only enriched by each of our UK-based staff members.
We offer hands-on knowledge across a variety of sectors
Whether you’re a farmer needing to stock up on bedding and feed for the winter season, or you’re a solicitors’ firm seeking a higher standard of professional indemnity insurance, we’re on hand to help. The knowledge and experience that we’ve amassed over the last four decades mean that we can help fund everything from a brand-new commercial fleet to specialist healthcare equipment. Browse the range of sectors we cover here.
Our wealth of products
With a unique understanding of our clients’ needs, we have developed a suite of funding products designed to help you scale on a schedule that suits you. Along with taking a bespoke approach for the more niche scenarios, we offer a range of business finance loans, such as:
- Invoice finance
- Working capital loans
- VAT loans
- Tax loans
- Business development loans
- Commercial loans
- Asset finance
- Asset-based lending
With each of our products, you’ll benefit from the assistance of a dedicated and expert account manager who will ensure that you’re fully informed every step of the way. Many of our clients choose to stay with us for longer than originally intended, exploring different funding avenues for further acquisitions and exciting opportunities.
Our fair and flexible approach
We’ve been a non-bank lender from the get-go, which means we take a more creative approach in assessing each client for funding. Our lending model is therefore designed around real business needs and not the rigid criteria typical of traditional processes. Every funding solution we provide is tailored to our client’s cash flow patterns, growth plans and individual circumstances. Rather than having a one-size-fits-all attitude, we choose to focus on transparency, speed and customer-centric decision making. Alongside this, we work around flexible repayment options, clear costs and no hidden charges.
We make a collaborative effort with other lenders
We form part of a large network of trusted external funders, which means that if we can’t find the best deal for you directly, we can connect you with someone who can. Our view of collaboration over competition demonstrates that we have our client’s very best interests at heart and want to ensure they get access to the most suitable funding product available on the market. This partnership helps create the comprehensive solutions that we are known for and offers a unique industry insight for our clients. So, while we are a business loan direct lender primarily, we also make sure that no client leaves us without a complete appraisal of what else is out there.
Our same-day decisions!
Speed is crucial in business finance, and we are incredibly proud of how our application, proposal and payout timelines have evolved. We’ve perfected the process over time and have sought to streamline it by eliminating any unnecessary paperwork. Our online application calculator is also super user-friendly and can even assess your eligibility without completing a hard credit check on your profile. Coupled with dedicated underwriters, smart tech and our crystal-clear communications, all of the above allow us to provide same-day decisions on many of our products, giving our clients fast financial freedom.
Secure fast funds from a business loan direct lender
We’ve got a bit of a reputation… but not in the way you might think! Our clients love us for our speedy turnaround times, with same-day decisions on VAT & tax loans, along with our dedicated account management services, user-friendly platforms and business insights. If all of that sounds like the sort of partnership you want from your business loan direct lender, then get in touch with us today on 0333 014 9000 or check your eligibility online in a matter of minutes.
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