FAQs about White Oak Business Capital as well as Factoring Receivables, Asset Based Lending, Earned but Unbilled Accounts Receivable and other financial services offered by White Oak Business Capital 

How long has White Oak Business Capital been in business?

White Oak Business Capital has been providing customized financing solutions nationwide, since 1992. 

What services does Does White Oak Business Capital Provide?

White Oak Business Capital offers financing solutions for small to medium-sized businesses in a variety of industries. The core of the business is to provide working capital solutions for companies that are in need of an alternative to the more traditional sources of financing.  The Federal National working capital products include; Account Receivable Factoring, Asset Based Lines of Credit, Earned but Unbilled Accounts Receivable, Government Contract Financing, Inventory Financing, and Machinery & Equipment Term Loans.

Who is a typical White Oak Business Capital client?

White Oak Business Capital is often viewed as a transitional lender, meaning many of our clients are experiencing some form of growth or transition. Many are in need of an alternative financing solution because they have outgrown or do not meet the traditional banks credit standards.  Our clients all have commercial or government accounts receivable; they may also possess one or more of the following characteristics:

  • Short Operating History, Early Stage / Startup
  • Rapidly Emerging Revenue Growth
  • Limited Financial Reporting Capabilities
  • Challenged Personal Credit of the Owners
  • Developing Negative Trends Related to Revenue and Profitability
  • Weak Balance Sheet with Limited or Negative Equity
  • More Time is Needed to Execute a Turnaround Plan
  • Existing Tax Liabilities

What types of companies does White Oak Business Capital finance?

White Oak Business Capital has expertise providing financing to Federal, State, and Municipal contractors and industries including:

  • Distribution
  • Printing
  • Fabrication
  • Professional Service
  • Government Contractors
  • Temporary Staffing
  • IT/Consulting/Service
  • Transportation
  • Manufacturing
  • Wholesale

What is the difference between Factoring and Asset Based Lending?

Asset Based Lending and Factoring are both product offerings that provide improved working capital financing for businesses. The biggest differences between Asset Based Lending and Accounts Receivable Factoring are both structural and mechanical. In most cases, an evaluation of the prospective borrowers business, the record keeping, the customer base and an understanding of their objectives will help to determine which product is the best fit. For many borrowers, however, the differences may not be relevant and conventional wisdom about their differences can be misleading.

For a full breakdown of their similarities and differences read our post Invoice Factoring or Asset Based Lending - Which is Better? If you still have questions, contact us and we can help you determine which is best for your business. 

Is White Oak Business Capital a Bank or a Credit Union?

White Oak Business Capital is a privately held independent commercial finance company - not a bank, credit union or broker. White Oak Business Capital is funded with substantial amounts of its own capital and with a large, institutional line of credit. White Oak Business Capital holds all its financing on its own books and does not place clients with other lenders, factors or service providers.  In short, White Oak Business Capital operates as an entrepreneurial company but enjoys the benefit of an institutional capital structure.

How long does the approval process take?

White Oak Business Capital’s application process is simple and straightforward. After collecting a sample of financial information from a prospective company, White Oak Business Capital credit team will review the information.  If appropriate, a custom financing proposal will be provided within a couple of days. Click here for more information on our application process and to download a copy of application.

Does White Oak Business Capital only finance government contractors?

No, White Oak Business Capital was first established in 1992 with a charter to provide financing for contractors that were working for the Federal Government. The company now enjoys the reputation of being an industry leader in this space.  In addition, our financing solutions are applied to numerous other industries such as manufacturers, distributors, service providers, staffing, wholesale, IT consulting, transportation.

For examples of companies we have recently funded across many industries please visit our Success page.

How does inventory financing work?

An Inventory Sub-limit can be established as part of an Asset Based Line of Credit with White Oak Business Capital.  Depending on the situation and what the inventory is comprised of, an appropriate Sub-Limit and an Advance Rate will be established for the Inventory.  For borrowing purposes, our clients provide regular inventory reporting, and the Inventory Advance will be a line item on the Borrowing Base Certificate.

What size companies will White Oak Business Capital finance?

White Oak Business Capital finances small to medium-sized businesses with revenues from start-up to $50,000,000. We provide credit lines from $100,000 up to $7,000,000. 

Who qualifies for accounts receivable financing?

Are your customers larger, financially strong businesses or government entities? White Oak Business Capital's financing is based on the quality of your accounts receivables and is most often used to cover routine operating expenses that generate monthly revenue.

White Oak Business Capital finances small to medium-sized businesses with revenues from start-up to $50,000,000. White Oak Business Capital is an excellent choice for businesses with the following characteristics:

  • Customers of our clients - those obligated to pay the receivables - are financially strong businesses or government entities, not individuals or small businesses.
  • A significant portion of revenue is produced from accounts receivable rather than cash or prepayments.
  • Receivables are due from the customer rather than from a third party such as an insurance provider.
  • Your business is a U.S. entity doing business with other U.S. businesses or local, state or federal government agencies.
  • Sales of any goods are clearly established as “final sale” and subject to no consignment or sell-or-return provisions.
  • The services performed are not bonded construction.

Where is White Oak Business Capital located?

White Oak Business Capital is headquartered in Bethesda, Maryland. In addition to our corporate headquarters we have production offices throughout the country including in Salt Lake City, UT; Charlotte, NC; Birmingham, AL; San Antonio, TX; Scottsdale, AZ  and Los Angeles, CA. Get full contact information for all of our locations.