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Coronavirus

Blogs from the flipside of finance

£1.5 billion in emergency Coronavirus funding unclaimed by businesses in England
10 August 2020

£1.5 billion in emergency Coronavirus funding unclaimed by businesses in England

Recent BBC reports suggest that despite the UK’s smallest businesses accessing over £12bn in emergency funding over the last four months, more that £1.5bn remains unclaimed. The Federation of Small Businesses (FSB)...

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Many eligible businesses missing out on full scope of CBILS opportunities
22 July 2020

Many eligible businesses missing out on full scope of CBILS opportunities

Most UK small and medium sized businesses (SMEs) now have a good awareness of the help available to them under both the Bounce Back Loan Scheme (BBLS) and Coronavirus Business Interruption Loan Scheme (CBILS) There...

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White Oak UK support UK SMEs with over £30m in CBILS funding
8 July 2020

White Oak UK support UK SMEs with over £30m in CBILS funding

Since becoming an accredited lender for term loans under the Coronavirus Business Interruption Loan Scheme (CBILS) in May, White Oak UK have supported hundreds of SMEs in accessing more than £30million in CBILS...

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We're now an accredited lender under Coronavirus Business Interruption Loan Scheme (CBILS)
7 May 2020

We're now an accredited lender under Coronavirus Business Interruption Loan Scheme (CBILS)

We're pleased to announce that we have now been approved for accreditation as new lender by the British Business Bank under the Coronavirus Business Interruption Loan Scheme (CBILS), to provide term loans to...

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How businesses are diversifying amid the Covid-19 crisis
29 April 2020

How businesses are diversifying amid the Covid-19 crisis

In a conference call in March, the UK Prime Minister, Boris Johnson, urged business to make 30,000 ventilators in a matter of weeks, more than would usually be manufactured in a normal year.

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White Oak UK announce interest-only furlough funding facility to support UK SMEs
24 April 2020

White Oak UK announce interest-only furlough funding facility to support UK SMEs

The Government’s highly anticipated Coronavirus Job Retention Scheme (CJRS) launched earlier this week. The temporary scheme, which supports small and medium sized businesses in continuing to cover the salaries of...

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White Oak UK customer, Henstone Distillery, switch from gin to hand sanitiser
9 April 2020

White Oak UK customer, Henstone Distillery, switch from gin to hand sanitiser

Since the Covid-19 virus first started, health authorities have suggested using hand sanitiser as one of the easiest ways of helping stop the spread of the disease. Since then there has been a massive demand for hand...

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What the Chancellor’s latest coronavirus measures means for small businesses
8 April 2020

What the Chancellor’s latest coronavirus measures means for small businesses

After concluding the UK's exit from Europe earlier this year, SMEs across Britain had no doubt hoped we would be now be entering a more settled political and economic climate with a focus on business growth and new...

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No need to panic buy toilet roll say White Oak UK customer Punjab Paper Converters
23 March 2020

No need to panic buy toilet roll say White Oak UK customer Punjab Paper Converters

We’ve all seen the pictures on social media of empty shelves at supermarkets and toilet rolls disappearing as soon as they appear with the COVID-19 crisis causing some people to panic buy.

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Coronavirus - an update from our MD
19 March 2020

Coronavirus - an update from our MD

As news of the global outbreak of novel Coronavirus (COVID-19) continues to unfold, we wanted to take this opportunity to share the steps that White Oak UK is taking to maintain our commitment to customers, partners,...

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