White Oak participated in an open webinar for local businesses in the South West region with Cornwall Chamber of Commerce and Devon and Plymouth Chamber.
White Oak participated in an open webinar for local businesses in the South West region with Cornwall Chamber of Commerce and Devon and Plymouth Chamber.
We are pleased to announce that White Oak UK has been awarded ‘Best Service from an Asset Based Finance Provider’ at this year’s Business Moneyfacts Awards.
White Oak rapidly deploys £50m CBILS to new and existing customers. 79% lent to SMEs outside London. Plans to deploy a further £150m before the end of September.
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 are however, many businesses are still unclear on the full extent of funding available under these schemes, resulting in many potentially missing out on vital support.
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 qualifying businesses.
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 lending, with a further £20million in new lending recently approved for release.
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.
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 furloughed employees, enables employers to claim for 80% of affected employees’ wages, up to a maximum of £2,500, and has been extended to run until June 2020.
Due to the current Covid-19 pandemic, lots of us are working from home for the first time. Ben Stern, Product Manager at White Oak UK, offers his advice for how to work from home effectively.
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 sanitiser which has led to a shortage in both shops and more importantly within the NHS and other frontline services.