White Oak: Lender of the Year and CBILS Lender of the Year Nominee
White Oak are a leading commercial finance lender who have lent over £1b since 2018. They have been busy over this past year and have lent £315m to SMEs across the UK in CBILS. White Oak have been nominated for both Lender of the Year and CBILS Lender of the Year. 1. How has White […]
Types of drawdown facility
A drawdown facility is a type of loan that enables you to continually take out further advances with little formality in a fast and hassle-free manner. They are non-static business loans that allow for flexibility. A ‘drawdown’ is a concept in finance that allows for access to a credit line over a period of time. […]
Fleximize: Unsecured Loan Lender of the Year Nominee
We recently chatted with Peter Tuvey, CEO of Fleximize, about what they have been up to over this past year and how they have been helping SMEs. Since launching in 2014, Fleximize has won the ‘Best Business Finance Provider’ at the annual British Bank Awards twice, both in 2020 and 2018, and they are finalists for 2021. […]
Merchant cash advance lenders UK
A merchant cash advance (MCA) is good way to manage your business’s seasonal cash flow fluctuations. It is an unsecured, short term product which provides you with an advance on your future card sales. It has proven popular within the retail and leisure sectors, and was designed to help businesses gain access to their cash […]
How is the Recovery Loan Scheme different to CBILS?
The very popular Coronavirus Business Interruption Loan Scheme (CBILS) came to its deadline on the 31st March 2021, and in its place, the new Recovery Loan Scheme (RLS) was launched, coming into effect on 6th April 2021. The RLS is currently set to run until December 31st, and you can apply if your business have […]
