Commercial FinanceNews

White Oak UK appoints head of broker and strategic partnerships

SME provider White Oak UK has appointed Matt Phillips as head of broker and strategic partnerships.

Phillips joined White Oak UK in 2009 as sales team manager.

He has driven ‘introduce’, White Oak UK’s client referral scheme, which has since generated over £87m in origination from more than 230 approved introducers.

Phillips said: “I’m delighted to be appointed to this vital role at an exciting time for the company.

“My goal is to work with the broker community and provide them with great products that fulfil both their needs and the needs of their customers, all of which will be supported by great service from people who understand their individual requirements.”

White Oak UK provided over £511m in funding to UK businesses in 2017, and earlier this year broke £1bn on its own book since its launch four years prior.

Andy Davies, group sales director at White Oak UK, said, “Matt’s appointment demonstrates our commitment to increase our presence in the larger end of the SME market, and further engagement with the Broker community will help us to achieve this goal.

“Matt will drive the expansion of our Broker offering, ensuring that we provide a range of products that no other funder can match.”

White Oak UK rebranded from LDF earlier this year.

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