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White Oak launches Business Ready Loans ahead of mass return to work

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Independent business lender White Oak has launched Business Ready Loans to support businesses looking to prepare for the return to work.

 

The loans will range between £25,000 and £250,000 allowing the flexibility for small improvements and larger office refurbishments.

With the launch of Business Ready Loans White Oak has responded to activity from clients looking at financing options to support the reopening of offices and workspaces across the UK.

The product is targeted at any businesses looking at its post-COVID future, including traditional office space, retailers, and hospitality.

The firm recently supported a Legal 500 Top Tier 2020 law firm with a £1.9m business development loan to enable the refurbishment of its London offices.

The firm has also supported SMEs throughout the pandemic as an accredited CBILS lender providing £350m in government-backed loans.

Andy Davies, managing director of White Oak Leases & Loans, said: “We pride ourselves on being responsive to the needs of businesses in the UK and this is a great example of that.

“We are hearing more and more from SMEs that they are looking at making changes to their workspaces to adapt to the new normal post lockdown.

“Financing options for these upgrades and refurbishments need to be flexible and efficient in order to the meet the needs of SMEs and this is what this delivers.”

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