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Views from the flipside

In the fourth and final instalment of our ‘11 ways to make money work for your business’ feature, we explain the different types of asset finance that could help your business.


Many small businesses can stall because they need more or better equipment. Whether you’re looking to build your business, upgrade for the future, or simply keep up with current requirements, asset finance could be the answer.

The options you’ll find on the flipside are flexible enough to suit most needs. It’s possible to get loans from less than a thousand to several million pounds for purchases that include IT hardware/software, lighting, catering, and plant or machinery – as well as installation, support, maintenance and training.


What types of asset finance are available?

The four types of asset finance are:

  • Finance lease: the finance company essentially buys the asset and rents it to you for an agreed period. You are responsible for maintaining and insuring the asset during the life of the agreement

  • Hire purchase: the finance company owns the asset until the final payment is made – then you have the option to purchase the asset outright for an additional sum

  • Commercial loan: where you only require a short payment period. You can simply borrow the money, with terms from 3 to 12 months

  • Operating lease: primarily used by schools, this option is a rental and ideal if you don’t need the equipment permanently. The cost is spread across a maximum three-year period, with options for continued use at the end

This is an excerpt from our 11 ways to make money work for your business’ guide’. Download the guide to learn more about where to invest in your business to maximise your potential.


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Why choose White Oak UK?

  • No red tape, so you can receive funds in as little as 24 hours
  • We accept 4 out of every 5 applications
  • Apply quickly and easily with E-sign loan documents
  • You’ll always speak to the same person
  • Free up cash flow for other areas of your business
  • Tailored finance agreements to suit your specific needs

Views from the flipside

What our customers say

We could not have been happier. Banks as usual were a nightmare - they took over six weeks to eventually refuse for vague reasons unexplained. White Oak UK were professional, helpful, friendly, and best of all, fast.

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