New Start Finance|30 years of finance experience to help you

Let Oak Leasing help you business take off!

Applying for new start finance as a new start business can be quite daunting, but it could be made so much easier.

New start Finance, the key point is to remember that the underwriters will see hundreds of lease proposals for new starts every month, and they do not know you from Adam.

So if you have all of your ducks in a row, and your stands out to the underwriter, this will naturally increase your chance of an acceptance, as it show that you have thoroughly considered the opportunity.

When looking for new start finance, it is best to present all of the information that they will be looking for in a straightforward package, it simply makes their life easier, and so quicker and more beneficial for yourself.

So, ask yourself, what are the things that underwriters will require from me?

Quite simple really, you need to paint a picture for them that will give them confidence in your new business.

Do not apply for more than you can comfortably afford, remember you can always add additional equipment months later if required.

It is far easier to add equipment than have something taken away.

Be prepared to show them your last 3 months bank statements, they can show how creditworthy you really are. With the evidence of savings, and other start-up funds, that demonstrates that you are aware of what is required to think like someone who knows how to run a business. It will give the underwriters that crucial word in you, confidence.

Get your business premises sorted out before you apply, then you can say how long the lease is on your premises, it helps the underwriters understand where you are heading in the medium term.

Choose your supplier well, remember the cheapest price is very rarely the best for you in the long run.

The last question is, do I need a business plan? Well if you are looking for any amount up to say £30,000, perhaps not, but once you move to higher figures, the underwriters will expect you to have a well thought out plan which includes cash flows, SWOT analysis etc. Money spent here will pay dividends.

If this is prepared well, it can only reflect well on both you and your future business.

If you use the calculator at the top of the page, this will give you an indication of how much your equipment will cost per month. We think we have the some of the most competitive new start finance rates in the UK, that will help save you money from day one.

We were a start up over 29 years ago, so we know how you feel.

"I have dealt with many leasing companies in the past but have used Oak Leasing for a number of years now. The manner in which they go about their business is efficient, friendly and importantly very helpful and supportive.

Over the years they have provided my clients with excellent rates with fast easy to understand instructions. These are just some of the reasons why I pick up the phone to them for anything to do with equipment leasing"

John Morrison M.D

Ace of Herts

Since contacting John Barter at Oaklease we have received a first class service, he understood our requirements straight away and got us the best deals possible. I have received nothing but professionalism (and humour) from John and would not hesitate to recommend him and his Company, you would be in safe hands”

Gordon Miller. Finance Director

CUT UK Ltd

New Start Finance Specialists

Let Oak Leasing help you business take off!

Applying for new start finance as a new start business can be quite daunting, but it could be made so much easier.