Funding the growth of UK business
What will we do for you?
Our advisors will provide you with an initial free consultation, where our job is to learn as much as possible about your business in order to give you a clear idea of which finance products and services would be the best fit for your requirements.
When meeting clients for the first time, it is also our job to find all the positive reasons that will give a lender the confidence to approve your application.
We want to paint a picture of your business in the best light for banks and finance companies to fully understand your situation, in order to secure the funding you require, at the best rate available.
We can provide you with an introduction to over 50 different UK lenders, many of which are niche and unheard of and effectively act as your representative in securing the correct funding for your business.
This might mean securing a loan, finance lease, hire purchase agreement or cash flow product such as invoice finance on your behalf.
Our staff will be with you from start to finish as we work with you to decide on the most suitable product for your needs (ensuring the repayments will be affordable and relevant interest fees are made clear), identifying the lender(s) most likely to help, preparing and submitting your application and arranging the transfer of the funds from the lender to you or your supplier. We will also be on hand to ensure you are fully aware of your initial and future obligations when entering into any finance agreement, as well as explaining any potential tax savings which you may be able to benefit from.
A commercial finance broker like First Oak Capital is an invaluable team member to have on your side when looking to make informed financial decisions for your business. Whether you need to overcome short-term challenges or want to achieve more long-term goals, the right commercial finance solution can be the deciding factor in your success and growth.
But what exactly does First Oak Capital do, and what are the key benefits and considerations when using our services?
There are multiple benefits to working with a commercial finance broker when making financial decisions for your business.
What is suitable for one business might not be appropriate for another which is why a competent finance broker will always take the time to get to know your business, your goals, and the challenges unique to your industry. We know which questions to ask, in order to make the most suitable recommendations.
There are several different finance products in the marketplace, each with their own terms and conditions to understand before you decide. This can be overwhelming and confusing, but First Oak Capital will help you understand your options to make the right choice for your circumstances.
First Oak Capital has relationships with over 100 different lenders and often lenders that you would not otherwise have access to directly. This enables us to access lenders that are best suited to your needs or better interest rates than you will be able to find alone. At the very least, we are better positioned to identify an appropriate shortlist of finance companies to approach which will save you a lot of time.
There are literally hundreds of potential commercial finance companies and banks to consider not to mention all the different finance products. Finding, comparing and contacting them on your own will be time consuming and potentially unproductive, especially if you are approaching the wrong lenders. First Oak Capital takes on this work saving you time and stress.
Some brokers might only be interested in one off finance deals, more reputable ones will look to establish a long-term relationship with your business. This means being available once the finance has been put in place, to answer your questions and solve any issues as well providing ongoing advice and support. As your business grows and your financial circumstances change, First Oak will be there to help.
The last few years have been extremely challenging and if your business has been left with a poor credit history, has a complex corporate structure, or you have recently started trading, obtaining the finance you need can be more difficult. First Oak Capital is perfectly positioned to help you navigate these issues and to portray your business in the best light possible to potential lenders.
With a commercial finance broker helping you make the right decisions, you will be able to secure the funding you need to reach your goals sooner rather than later. Whether you’re looking for new vehicles, machinery or equipment, to fit out your premises or simply bridge a cash flow gap, First Oak can help you access the most appropriate funding solutions to boost your cash flow and ensure your success.
Generally our income comes from the lenders who rely on us to introduce customers to them. They pay us for the work we do in preparing your application and presenting the information in an acceptable format, for carrying out due diligence on suppliers and preventing fraudulent applications.
We are always upfront and transparent about this and the benefit to you is no upfront fee and also means if we can’t source you an acceptable offer we don’t get paid!
First Oak Capital work with a large panel of lenders because the bigger and more diverse this panel is, the more likely we are to secure you the most suitable solution for your needs. We have direct communication with the decision makers and know how to structure an application to increase the likelihood of success.
We will not disappear after your funding has been secured and will keep in touch regularly to ensure that you are satisfied and can offer you ongoing support as your business needs change.
Why choose First Oak Capital?
Having sufficient capital will always accelerate growth when matched with a great business plan and motivated individuals.
Whether you are a sole trader, partnership or limited company, the team at First Oak can help you to secure funding that will help your business to grow quickly and easily.
We are an independent brokerage working with a large panel of funders and have the ability to finance just about any asset in any sector. Founded by Guy Prince, an experienced finance professional who has been sourcing funding for his clients since 1994, we can help you prepare the best possible application to secure the right finance.
We strive to offer simple, pain free business loans to UK companies and provide the highest levels of personal service.
Our mission is to help as many businesses as we can to succeed and grow by taking advantage of the UK funding market.
To arrange a free initial consultation and for further information regarding the different types of commercial finance we offer please complete our short enquiry form or call us on 0800 066 3677