WHAT IS ASSET BASED LENDING?

Asset Based Lending is the financing of receivables against stock, equipment and property.

Our asset based lending solutions are designed to help raise finance against the most significant assets, such as the debtor book, inventory, plant and machinery, and freehold property. We offer flexibility around how much or how little is borrowed under the facility.

Usually you can borrow up to 85% against unpaid invoices, stock, equipment and property. There is also the option to stretch to 95% advance rate for seasonal requirements.

WHAT CAN ASSET BASED LENDING BE USED FOR?

Our ABL offering can be used to access cash for a broad variety of reasons, and can be used for:

  • Working Capital Requirements
  • Projects and Growth Initiatives
  • Mergers & Acquisitions (M&A)
  • Seasonal Cash Requirements
  • Turnaround and Restructuring Scenarios
  • Interim Bridging Requirements
Talk to our finance specialist today to see if your business is eligible for funding.

ASSET BASED LENDING PRODUCT OVERVIEW

Product Terms

  • Borrow from £5m to £100m
  • Up to 95% advance rates
  • Fund against receivables inventory, equipment and property

Eligibility Requirements

  • Trading for 3 years or longer
  • Turnover between £10m and £250m
  • Suitable for businesses only

*Subject to T&Cs

Get in touch to discuss your asset based lending requirements.

ABOUT WHITE OAK

White Oak is an FCA authorised and regulated European Lending Platform which provides capital to support SMEs and mid-corporates through its full suite of flexible lending products.

Since being established in 1986 we have focused on becoming a long-term finance partner to our customers, providing the right solution to support their business throughout their growth and development.

Headquartered in the UK, our team of nearly 200 specialists are trusted by over 20,000 SMEs and mid-corporates who have rated White Oak as the number one non-bank finance provider on Feefo* with a rating of 4.9/5.0.

As a financing affiliate of White Oak Global Advisors, LLC (WOGA), we are able to support our clients globally and draw on the experience of a net-work of 470 finance professionals.

CUSTOMER TESTIMONIALS

We went to few banks, but they just don’t get it. With white Oak Uk it’s simple – they understand our business and getting finance was fuss-free.

Owner,Alchemy Coffe

CUSTOMER TESTIMONIALS

We went to few banks, but they just don’t get it. With white Oak Uk it’s simple – they understand our business and getting finance was fuss-free.

Owner,Alchemy Coffe

CUSTOMER TESTIMONIALS

We went to few banks, but they just don’t get it. With white Oak Uk it’s simple – they understand our business and getting finance was fuss-free.

Owner,Alchemy Coffe

CUSTOMER TESTIMONIALS

We went to few banks, but they just don’t get it. With white Oak Uk it’s simple – they understand our business and getting finance was fuss-free.

Owner,Alchemy Coffe

LATEST BLOG CONTENT

Can You Get Asset Finance For Electric Vehicles?

Over the last few years, advances in electric vehicle (EV) technology have progressed to the stage where it is now viable for many businesses to make the switch.

White Oak grows asset finance business with £150 million facility

White Oak has completed a £150m securitisation facility from Barclays Bank, with the independent lender to deploy the funds to SMEs and mid-sized corporates via asset finance solutions.

Invest in green haulage on the road to net zero

Sustainability is dominating conversations whether it’s at the COP26 conference, in the boardroom or on the streets. Businesses are feeling pressure from all angles to play their part in the road to net zero but what happens when it comes to actually navigating the roads?