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Professions Finance

Blogs from the flipside of finance

How Professional firms can solve the VAT problem and avoid late payments
16 March 2020

How Professional firms can solve the VAT problem and avoid late payments

Whilst many Professional service practices had previously eschewed the idea of financing recurring payments such as VAT – seeing it as an option that only struggling practices would consider, such attitudes towards...

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How to finance professional indemnity cover in a difficult insurance market
3 March 2020

How to finance professional indemnity cover in a difficult insurance market

Recent reports in both the Law Society Gazette and Accountancy Age have highlighted the difficulty in professional service firms obtaining affordable Professional Indemnity Insurance (PII).

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White Oak UK named Top Professions Funder at Leasing World Awards 2019
31 October 2019

White Oak UK named Top Professions Funder at Leasing World Awards 2019

The 11th annual Leasing World Awards took place last night (30th October) at London's Hilton Bankside, attended by 350 leading representatives from the industry. The event has become a staple in the finance calendar...

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Relieving the PII pinch points for Scottish Solicitors
27 September 2019

Relieving the PII pinch points for Scottish Solicitors

For the Scottish legal profession in general, October and November are notoriously expensive months for a few standout reasons. From practising certificate renewals, to VAT bills and, Professional Indemnity Insurance...

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PII Premiums soar for Architects and Construction Industry post-Grenfell
26 September 2019

PII Premiums soar for Architects and Construction Industry post-Grenfell

Renewing Professional Indemnity insurance (PII) cover is becoming more difficult for architects. Many are experiencing rising premiums and exclusions, with legacy projects now seen as high-risk by insurers.

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How to be prepared for your Professional Indemnity Insurance renewal
11 September 2019

How to be prepared for your Professional Indemnity Insurance renewal

Maintaining access to the funding you need to grow your practice is a crucial requirement for all legal firms, with ever-present demands for capital often resulting in a significant drain on cash flow.

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How to make long-term finance work for your Professional Practice
2 September 2019

How to make long-term finance work for your Professional Practice

With over 30 years’ experience of providing finance to the professional services sector, we’ve helped thousands of professional practices with short-term finance to cover recurring costs such as VAT, Corporation Tax,...

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The anatomy of small business finance
10 January 2018

The anatomy of small business finance

Asset Finance can be a crucial tool for businesses from any sector in helping them spread the cost of vital equipment. Here we look at how both asset finance and short and long-term business loans can help your...

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LDF Group named ‘Professions Champion’ at 2017 Leasing World Awards.
5 October 2017

LDF Group named ‘Professions Champion’ at 2017 Leasing World Awards.

On Tuesday night (3rd October), the 9th annual Leasing World Awards took place at London's Hilton Bankside.

The awards, one of the most respected in the leasing industry, recognise good management, innovation and...

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A simple guide to Professional Indemnity Insurance
9 September 2016

A simple guide to Professional Indemnity Insurance

Professional Indemnity Insurance (PII) is necessary to provide businesses with the relevant cover for damage costs, which may be incurred if a claim is made by their clients in the event of an error. The insurance...

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Law firms’ payment waiting times hits 15 weeks
15 December 2015

Law firms’ payment waiting times hits 15 weeks

Latest research reveals that law firms are now waiting 11 days longer for invoices to be paid, with the average time for payments hitting 15 weeks.

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Number of UK accountancy firms falls as mergers increase
1 December 2015

Number of UK accountancy firms falls as mergers increase

Recent figures released by the Financial Reporting Council, show that the number of accountancy firms has fallen from 6,962 to 6,622, a result of the increase in firm mergers.

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Barristers’ earnings hit £1.5 billion
28 October 2015

Barristers’ earnings hit £1.5 billion

Latest figures, based on HMRC tax returns, reveal that the total earnings of barristers as a profession have risen to £1.5 billion, up 5% on the year previous. The average income of an individual barrister has also...

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Finance your Practising Certificate with White Oak UK
9 October 2015

Finance your Practising Certificate with White Oak UK

Covering the cost of your annual Practising Certificates can be a costly expense, especially given it falls so soon after the recent PII deadline, making planning for this expense increasingly difficult for many...

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LDF win Professions Market Funder at Leasing World Awards
2 October 2015

LDF win Professions Market Funder at Leasing World Awards

Last night played host to the 7th annual Leasing World Awards held at the White Hall Place in London. The awards acknowledged 19 strong winners for their outstanding contribution to the equipment leasing and asset...

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