White Oak UK Reviews

White Oak UK provides flexible financial solutions with a focus on customer satisfaction and reliable service, making it a trusted lender in the UK market.

Here are the Trustpilot Reviews from White Oak UK:

Here are the Reviews from White Oak UK:

Very bad experience with this company. Now taking the complaint to the Financial Ombudsman. If you enter into an HP agreement with them for a vehicle they charge you the full interest for the entire term regardless of when you change your vehicle. Key facts are not explained. Emails on queries are not responded to.

Anne MacDonald

I dealt with Ross Grant in raising finance for a company vehicle and he was first class from the very beginning. He kept me updated, told me clearly what I needed to do and what he was doing. It made the whole experience pleasurable.

Stuart

Responsive, helpful and provided tailored financial solutions which best suited our business needs.

Customer

Hollie was very polite, helpful and professional an absolute credit to whiteoak.

Adam

Hollie has been really great from the outset. She has supported me and my company with multiple lending decisions and is hugely knowledgeable.

MR GARETH EVANS

Excellent experience working with Alan, sure will seek his help when needed in the future.

James

Explore White Oak UK's Finance Solutions:

Business Term Loan

£25,000 – £2,000,000

Asset Finance (Hire Purchase / Finance Lease / Operating Lease)

£10,000 – £10,000,000

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Explore White Oak UK's Finance Solutions:

Loan Type:

Business Term Loan

Loan Range:

£25,000 – £2,000,000

Loan Terms:

12 months to 5 years

Minimum Turnover and Trading Age:

At least 12 months trading and £250k annual turnover

Interest Rate:

7.5% – 18.9% APR (indicative; exact rate subject to underwriting)

Fees:

Arrangement fee 2% – 4%; no early repayment fees; late payment fees apply

Loan Type:

Asset Finance (Hire Purchase / Finance Lease / Operating Lease)

Loan Range:

£10,000 – £10,000,000

Loan Terms:

1 year to 7 years

Minimum Turnover and Trading Age:

6 months trading (established vendors) or 12 months for direct clients

Interest Rate:

4.5% – 12.5% flat rate (equivalent 8% – 16% APR)

Fees:

Documentation fee £150 – £300; optional balloon payments; early settlement rebates available

Loan Type:

Recovery Loan Scheme (RLS) Facility

Loan Range:

£25,001 – £2,000,000 per business (subject to scheme rules)

Loan Terms:

3 months to 6 years (asset finance up to 6 years, term loan up to 6 years)

Minimum Turnover and Trading Age:

At least 2 years trading (per British Business Bank guidance)

Interest Rate:

8.0% – 14.9% APR (capped under scheme limits)

Fees:

No arrangement fee; government guarantee fee absorbed by lender; standard late fees

Loan Type:

VAT & Tax Loan

Loan Range:

£10,000 – £500,000

Loan Terms:

3 months to 12 months

Minimum Turnover and Trading Age:

12 months trading history

Interest Rate:

0.55% – 1.3% flat per month (approx. 8% – 16% APR)

Fees:

Arrangement fee 1% of loan amount; no exit fee; late payment penalties

Loan Type:

Professions Loan

Loan Range:

£10,000 – £750,000

Loan Terms:

12 months to 5 years

Minimum Turnover and Trading Age:

6 months for established practices; start-up professionals considered case-by-case

Interest Rate:

6.9% – 14.5% APR

Fees:

Arrangement fee from 1.5%; no early repayment charge

Loan Type:

Vendor Finance Facility

Loan Range:

£1,000 – £1,000,000 per transaction (aggregate programmes uncapped)

Loan Terms:

1 year to 5 years

Minimum Turnover and Trading Age:

Suppliers must evidence 2 years trading and £500k+ turnover

Interest Rate:

0%-subsided / 4.5% – 13% flat (depending on subsidy)

Fees:

Documentation fee to end-customer (£95 – £295); vendors pay programme set-up fee

More About White Oak UK

White Oak UK (White Oak Finance & Leasing Limited), established in 1986 and regulated by the Financial Conduct Authority, is a non-bank specialist lender focused on providing asset finance, term loans, and bespoke funding solutions to UK SMEs and professional practices. It operates digitally with dedicated relationship managers and a vendor finance platform, making it suitable for established businesses seeking a range of flexible financial products. For more on alternative lenders and business finance options, see our alternative finance loans overview and lenders directory.

Key Features of White Oak UK

White Oak UK offers practical features that include digital processing and flexible repayment options suited to UK SMEs.

Online application with e-signature support and rapid credit scoring (online application)
Dedicated relationship managers providing personalised guidance throughout the loan term (lenders overview)
Product variety covering term loans, asset finance, VAT loans and vendor finance (business loans products)
No early settlement penalties on most loans, enabling cost savings (early repayment fees explained)

Funding Eligibility

You may qualify for White Oak UK funding if your business generally has at least 6 to 12 months of trading history and meets turnover minima ranging from £100,000 to £250,000 depending on product. Personal guarantees are commonly required, especially for unsecured loans. The lender excludes certain sectors such as gambling and cryptocurrencies. For detailed criteria and tips to qualify, visit our guides on loan eligibility and qualification and understanding personal guarantees.

Loan Options

White Oak UK offers a broad loan suite suitable for various SME funding needs including unsecured, secured, asset-backed, and specialist loans.

Business Term Loan: £25,000 to £2,000,000; terms from 12 months to 5 years; interest 7.5% to 18.9% APR; arrangement fees 2% to 4%. No early repayment fees. Learn about term loans.
Asset Finance (hire purchase, finance lease): £10,000 to £10,000,000; 1 to 7 years; flat rate 4.5% to 12.5% (8% to 16% APR); documentation fee £150-£300. Explore asset finance.
Recovery Loan Scheme (RLS) Facility: £25,001 to £2,000,000; 3 months to 6 years; 8.0% to 14.9% APR; no arrangement fee; government guarantee improves approval odds. Details on RLS.
VAT & Tax Loan: £10,000 to £500,000; 3 to 12 months; flat monthly interest approx. 0.55%-1.3% (8%-16% APR); arrangement fee 1%. More on VAT loans.
Professions Loan: £10,000 to £750,000; terms 12 months to 5 years; interest 6.9% to 14.5% APR; arrangement fee from 1.5%. Learn about professions loans.
Vendor Finance Facility: £1,000 to £1,000,000 per transaction; 1 to 5 years; subsidised rates 0% or 4.5% to 13% flat. Vendor finance details.

How to Apply

The application process with White Oak UK is digital and designed for speed, with funding available shortly after approval. You should be prepared to submit financial documents and complete online forms.

Submit an online application or contact your dedicated account manager. See our application form.
Provide essential documents such as latest filed accounts, bank statements, director identification, and relevant invoices. Guidance available at loan application process.
Expect a decision in approximately 2 hours, with full credit checks completed within a business day. Details on loan approval timelines.
Sign contracts electronically and receive funds typically within 24 to 48 hours after signing.

Funding Agent's view on White Oak UK

White Oak UK offers flexible lending tailored to established UK SMEs seeking quick access to various finance products without relying on traditional bank property security. Its broad product range and digital engagement are well suited to businesses prioritising speed and convenience. However, fees and the common requirement for personal guarantees may limit appeal for new or cost-sensitive borrowers. To explore alternative options or evaluate your eligibility, use Funding Agent's finance tools, check your loan eligibility criteria, or review other lenders via our lender directory.