News & Events

Growcap Finance acquired by White Oak UK 19/06/2019

We are delighted to announce our acquisition by White Oak UK, one of the UK’s leading providers of non-bank finance to SME businesses. The acquisition of Growcap Finance will see the current management team remain with the business, with the business being rebranded as White Oak IE.  The purchase comes in response to a growing demand […]


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Can Asset Based Lending Help Finance Your Business? 16/10/2018

In Ireland, small and medium enterprises (SMEs) account for 99% of all businesses employing in excess of 65% of total persons engaged in employment. In the United Kingdom, there are in excess of 5.7 million SMEs, which is over 99% of all businesses with total employment of 16.1m, 60% of […]


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What is a Letter Of Credit and Why Use It? 25/06/2018

A Letter of Credit (LC) is an irrevocable undertaking from the Bank issuing it to pay the Beneficiary (normally a seller/exporter) against a presentation by them of specified documents. An LC is issued on behalf of the buyer/importer – called the Applicant. In simple terms it is a performance guarantee. […]


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Import Asset Finance 21/09/2017

Growcap Finance (now ‘White Oak IE’) attended the Ploughing Championships this year, amid the thronged masses. We received great interest from machinery dealers for our import asset finance product. Growcap covers the purchase cost for the 30 – 120 days it takes to import that large piece of machinery that […]


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