• Views from the flipside
  • Short or long term business loans: What is best for you?

Views from the flipside

Business loans can be used to cover a huge variety of needs, from helping with short term cash flow issues to investing in a long term business growth strategy.

According to the Small Business Survey from 2015, produced by the Department for Business, Innovation and Skills, the main reason that businesses applied for finance was to acquire working capital or for cash flow purposes, with 52% of businesses surveyed saying this is their main motivation for external funding.

No-fuss business loans

At the other end of the scale, only 3% of businesses used external finance to fund their Marketing requirements, despite the forecast that spending on marketing would increase.

At White Oak UK we understand that securing the finance to support your business’ growth can be difficult. To help ease the burden of those recurring business expenses that can often hinder your cash flow, we offer both short and long-term business loans, giving you the choice to select the best financial solution for your needs.

Short Term Business Loan

Our short term business loans help you to cover specific business purposes, such as cash flow requirements or to pay a VAT bill. Our finance options allow you to spread these essential costs over a 3 to 12 month term.

Business Development Loan

Our Business Development loan is available to small businesses to help drive growth and business advancement. It can help your business raise the capital required to cover a range of costs over an extended loan period of between 12 months and 5 years*.

Which loan should you choose?

Typical requirements for White Oak UK Business Loans may differ depending on whether you opt for a short-term or longer-term (Business Development) loan. Use the table below to select the loan that will best suit your business needs: 

Purpose Short Term Loan Business Development Loan
Acquisitions  
Annual Subscriptions  
Building Renovations  
Cash Flow  
Debtor Relief  
Delivery Service Fees  
Disbursements  
Equipment Purchases  
Fixed Share Partner Levies (LLP)  
Marketing and Advertising  
Office Insurance Premiums  
Partner Buy In and Outs  
Practising Certificates  
Professional Indemnity Insurance Premiums  
Refurbishment  
Relocation Costs  
Research and Development  
Share Purchase  
Software Licenses  
Stock Purchases  
Tax Payments (Corporation and Income  
Training Costs  
VAT Payments  

Learn more about our business loans or contact us to discuss your requirements on 0330 058 0836.

No red tape business loans

*The 5 year term is available only to professional firms in the legal, accounting, architectural and healthcare industries.

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
Find out more

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.

CEO Awards 2016 Winner - Flintshire Business Awards leasing-life-2017 Leasing World Award 2017 SME Awards - Alternative Funder of the YearInnovator of the Year 2016Business Comparison Asset Finance Lender Award Growing Business Award - Amazon