Partnerprogram

Welcometo the flipside

Dealer finance solutions

www.whiteoakuk.com

The White Oak UK Partner Programme supports equipment suppliers to develop long-term customer relationships through the provision of a dedicated finance partner offering, supporting both new and existing customers.

Offering an White Oak UK finance option to your customers is an excellent way to increase your businesses selling power, enabling you to streamline the purchasing process. Most importantly, it makes it easier for your customers to buy from you by removing any cost-based barriers to sale.

Become an White Oak UK Partner today to increase sales, improve cash flow and close deals faster.

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Maintain & Grow Margin

Remove the need to discount products by offering

customers finance as an alternative way of paying for your

products and equipment. By spreading the cost over an

agreed period, you are able to secure increased sales,

without having to offer cut price incentives.

Improve Cash Flow

Waiting for payment can be frustrating. At White Oak UK we

appreciate the importance of maintaining cash flow and

therefore usually release payment in full within 48 hours of

invoice and satisfaction note receipt via Faster Payments.

Retain & Grow Existing Customers

Offering finance enables you to forge stronger and longer

lasting relationships with your customers. It can also help

to support higher value/specification sales and cross

sell opportunities due to the ability to spread the cost of

purchase.

Increase Known Sales Leads

With 94% of B2B buyers researching suppliers online before

purchase, providing finance will attract a new opportunity

for business leads, especially from those who require a

finance solution in order to purchase.

Increase Sales & Hit Targets

By offering a Finance option, you can overcome common

barriers to sale such as a lack of budget or cash flow issues.

Presenting a monthly finance option is often more palatable

to customers than a large upfront payment.

Get Sales Faster

By offering White Oak UK finance options, you decrease

your sales cycle significantly by removing budget objections,

thereby reducing the time it takes for your customers to

commit to an equipment purchase.

Efficiency Gains

Our simple processes and efficient systems make finance

straightforward, meaning your Sales team can concentrate

on selling your products and not on administration.

Incentives

White Oak UK Supplier Partners are able to benefit from a

tailored incentive programme based on completed deals.

This flexible offering is another way of earning an incentive

on referred business, motivating your sales team or donating

to charity. You choose how you wish to use the accrued

points.

COMPANY ADVANTAGES SALES ADVANTAGES

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CUSTOMER ADVANTAGESFlexible

• Payment terms and profiles can be tailored to

meet cash flow

• Allows for equipment upgrades

• Can include hardware, software, training,

installation and support services

Easier Budgeting

• Makes budgeting and forecasting easy with fixed

payments

• Avoids fluctuations in interest rates

• The real cost of acquisition reduces as inflation rises

Tax Efficient

• Leasing is Tax deductible, reducing the net cost of

obtaining the equipment*

Maximise Budget

• Spread the cost of purchase; make your budget

work harder

• Eliminate outdated equipment

• Finance the useful life of the equipment

Conserve Working Capital

• Helps to reduce initial cost outlay

• Allows capital to be invested in other important

growth areas

Convenient

• Easily manages supplier payment terms and

administration requirements

• Payments are made by Direct Debit

• Finance in as little as 48 hours

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* For further information surrounding taxation, please consult your Accountant.

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Asset finance enables you to obtain a wide range of equipment necessary to operate efficiently and effectively. Wholly or largely secured on the assets being financed, asset finance also gives you the flexibility to replace or upgrade equipment at any time.We have a variety of finance options available for you to purchase the equipment your business needs to thrive.

OUR ASSET FINANCE PRODUCTS EXPLAINED

We make asset finance easy for our customers. And our customers have used asset finance for everything from computers to bubble cannons.

A solution where you are able to rent the asset over an agreed period of time, up to a maximum of 5 years. At the end of the lease you have 3 options:• Purchase the asset via a third party for an agreed fee• Return the asset to us (there will be a cost incurred to you for this)• Enter into a secondary lease period over an agreed amount of time Equipment leasing transfers all the rights and responsibilities of ownership to you throughout the agreement.

Hire Purchase (HP) allows you to benefit from the immediate use of the asset over an agreed term, while repaying the cost in instalments. HP enables you to acquire the equipment you need by White Oak UK pur-chasing the equipment on your behalf.

We maintain ownership until the final payment is made and at the end of the agreement you can choose to keep the asset or return it to us.

We understand that many small businesses may struggle to access the relevant finance, especially when considering options for business development and growth. To support these opportunities, White Oak UK’s commercial loan is tailored to meet these requirements with terms from 3 to 12 months.

FINANCE LEASE

HIREPURCHASE

COMMERCIAL LOAN

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The table below is a simple guide to each product, however, we always recommend that you discuss your expenditure plans with an accountant or other relevant adviser.

Remember:

• Where VAT is classified as reclaimable assumes your business is VAT registered• The tax and VAT treatment may differ dependent upon the asset finance products• Facilities can be made on demand in accordance with the terms and conditions of the agreement• Please seek specialist advice on VAT and tax relating to your business

Please note that security may be required and product fees may apply.

CHOOSING THE RIGHT TYPE OF ASSET FINANCE

Making the right decision on which finance product you choose to use for asset purchase is incredibly important.

Frequently asked questions Finance Lease Hire Purchase Commercial Loan

Will I be able to own the asset? Potentially Yes Yes

Are rentals tax deductible? Interest Only Interest Only Interest Only

Can I claim Capital or Annual Investments Allowance? No Yes Yes

Does this route preserve capital? Yes Yes Yes

Can I have a fixed term agreement? Yes Yes Yes

Can the term be extended? No No No

Will the agreement be made on demand by White Oak UK? Potentially Potentially Potentially

Do I need to pay the VAT Upfront? No Yes N/A

Is the asset off balance sheet? No No No

Can VAT on payments be reclaimed? Yes No N/A

Do I have to insure the assets under the agreement? Yes Yes No

Can VAT on the cost of the asset be reclaimed? No Yes Yes

Will I need to pay a facility or arrangement fee? Yes Yes Yes

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SELLING FINANCE WITH CONFIDENCEWhen you choose to finance through White Oak UK, you will enjoy many benefits.

It’s becoming the new norm

• £29 billion of leasing provided to Businesses and the Public Sector in 2015

• 32% of all UK equipment purchases are leased

• Doesn’t include traditional bank finance such as bank loans and overdrafts

• 90% of the Top 10 Chartered Accountancy Practices use leasing

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Budget Constraints

A finance solution normally requires a

monthly payment on day1 and helps

to reduce the initial cost outlay from

the business.

Cost vs Benefit

Your prospect for whatever reason

believes that the cost of acquiring

your product (sale price) outweighs

the benefits of your product (Return

on Investment).

The Solution: By providing White

Oak UK finance and turning the

equipment cost into manageable

repayments it will accelerate the

customers return on investment as the

financial benefits of your product will

materialise quicker for them when in

comparison to a cash purchase.

Alongside this if your product is

measurable by output, users or similar

by using finance it can be far more

appealing when associated to these.

Cost of Equipment

With a finance partner you can

provide a leasing quotation for

all or part of the purchase, helping

your customer achieve the solutions

they need within their budget.

Sticking with Old Equipment

A monthly finance payment can

enable the purchase, can be tax

efficient* and your customer can

remove the risk of equipment faliure.

OVERCOMING OBJECTIONS WITH FINANCE

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* For further information surrounding taxation, please consult your Accountant.

-120.00%

-100.00%

-80.00%

-60.00%

-40.00%

-20.00%

-0.00%

Day 0 Year 1 Year 2

Cash Purchase ROI

ROI Example

Finance Purchase ROI

Linear (Cash Purchase ROI) Linear (Finance Purchase ROI)

Year 3 Year 4 Year 5 Year 6 Year 7

20.00%

40.00%

60.00%

The above graph is based on the purchase of equipment with a useable life of seven years. The graph compares the ROI if the equipment is

financed over 5 years against a cash purchase.

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MAKE MONEYWORK FORYOUR BUSINESS.

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Increasing business opportunities and closing

sales through offering a finance solution is

made simple with the White Oak UK Partner

App. Easy to use and quick to install, it allows

you and your sales team to:

• Structure finance solutions to meet customer

budgets

• Provide finance quotations, fact sheets and

submit applications

• Receive updates on quotes and applications

via email

• Contact your account manager easily by

phone or email

• Access your finance and sales pipeline from

anywhere

• Offer finance through any device; be that

mobile/handheld device, laptop or desktop

THE WHITE OAK UK PARTNER APP

COMPARING FINANCE COMPANIES?

PROPOSAL – KEY FEATURES

Item Details

Available Finance

Products

Finance Lease

Hire Purchase

Commercial Loan

Operating Lease

Incentive OptionsDeal commissions

Amazon Vouchers

Specific Terms Typically from 1-7 years

White Oak UK Partner App Full Set-up & Training included

Sales Support

Dedicated Account Manager and

administration team to keep you and

your customers informed

Marketing Support

Website Templates

Launch Campaign Templates

Trade Show Presence

Equipment Upgrade Programme

Newsletter & Offer content

Sales & Customer collateralCall today on:01244 525 410

High Acceptance Rates

We approve over 90% of all

Supplier introduced business.

Funding Flexibility

Over 80% of our business is written

by White Oak UK directly. We also

have over 20 funding partners to

ensure the best solution.

Fully Inclusive Support

We offer all our partners the same

high level of service and support with

dedicated account teams.

Watch the demo >See how easy offering finance can be...

We’ve been helping people make money work for their businesses for over 30 years. As the UK’s largest independent provider of finance solutions for smaller business, we deliver excellence to our customers through our high levels of service and our no-nonsense approach to funding. As both a funder and a broker, we are able to deliver the most appropriate funding solutions available.

EXPERIENCE

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WHY CHOOSE WHITE OAK UK?

We have a wealth of knowledge across a number of sectors, including:

White Oak UK provides finance for all kinds of equipment including:

We’ve eliminated red tape from our own business, and we pass the benefits on to you. You’ll always speak to the same person, who will get to know you and your needs. And, because we’re not burdened by unnecessary paperwork or processes, we’re able to treat you as an intelligent human being. Not just a tick-box on a form.

That’s why White Oak UK brings money into your business, not bureaucracy.

MODERN FUNDING

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Agriculture

Business Services

Commodities

Financial Services

Healthcare

Hospitality & Leisure

Manufacturing, Transport & Logistics

Information Technology

Furniture & Refurbishments

Security Systems

Broadcast & Media

Telecommunications

Medical Equipment

Catering Equipment

Office Equipment

Sound & Lighting

Vending Machines

Vehicle Telematics

Modular Buildings

Mining & Metals

Oil & Gas

Professional Services

Public Sector

Real Estate

Retail & Wholesale

Technology, Media & Telecoms

Measurement & Testing

Audio Visual

HVAC Equipment

Leisure Equipment

Beauty Equipment

Garage Equipment

Waste & Recycling

Machinery Equipment

Plant Equipment

Refrigeration Equipment

Processing & Packaging Machinery

Agricultural Machinery

Commercial Vehicles

White Oak UK are proud members of:

White Oak UK is a trading style of LDF Operations Limited (Reg No: 02029122), LDF Finance No.1 Limited (Reg No: 04893877), LDF Finance No.2 Limited (Reg No: 08822802) and

LDF Finance No.3 Limited (Reg No: 08822799), incorporated in England & Wales and having Registered Office at Dee House, St David’s Park, Ewloe, Flintshire, CH5 3XF. LDF

Ops Limited (Reg No: SC198910), incorporated in Scotland and having its Registered Office at Sixth Floor, 58 Waterloo Street, Glasgow, G2 7DA. Authorised and regulated by

the Financial Conduct Authority for credit-related regulated activities (including hiring).

www.whiteoakuk.com

We’re very proud of our 4.9 star rating, reflecting our

commitment to service and customer satisfaction.

CONTACT

White Oak UK0333 305 4570

www.whiteoakuk.com