What is Oxbury Flexi Credit?
Oxbury Flexi Credit provides additional funds for working capital and other farm business expenditure.
Transfer funds into your linked business bank account* as and when required.
In addition to a monthly Direct Debit repayment from your linked business bank account, you also have the flexibility of repaying more at any time to suit your cashflow, with no fee for early repayment, meaning you will be in complete control of your cash flow and finances.
*Your Linked Account is your existing business current account which is linked during the application stage.
What are the benefits to an Oxbury Flexi Credit account?
What is the application process?
1. Fill in the form
Complete the form below and one of the team will call you back within one working day. We look forward to hearing from you
2. Credit application
We then start our onboarding process where we will request some additional supporting information
3. Documentation
Once the facility has been approved you will receive: the Oxbury Flexi Credit facility agreement and a Direct Debit Mandate
Get in touch
More information about Oxbury Flexi Credit:
Once all documentation is received by Oxbury to support your application, we aim to assess applications within 24 hours of receiving it. Once approved you will be sent the facility documentation for e-signature, once signed and any pre-conditions are met, we will process the activation of your account. You can then withdraw the money instantly into your linked business bank account, we have a 24/7 online banking service for you to withdraw at any given time.
As a fully regulated bank Oxbury will undertake standard bank opening verification checks. This will require you to provide financial documentation to enable us to conduct appropriate Credit Reference Agency searches to support your application and to underwrite the facility. Successful approval is subject to status, terms and conditions apply.
An Oxbury Relationship Manager will discuss this with you prior to completing the application.
In some cases, depending on the size of the facility, we may require security.
Once approved, you can self-serve through our Oxbury Online Banking platform, giving you the ease and flexibility to control when you want to drawdown funds and when you want to repay any utilised credit. If you prefer direct contact we have a customer services team, as well as your assigned Relationship Manager.
