May 23, 2024

lukemurphypt

General Line

White Oak Delivers $3MM Asset-Dependent Lending Facility to a Qualified Women’s Company Company

NEW YORK–(Company WIRE)–White Oak Industrial Finance, LLC (“White Oak”), an affiliate of White Oak Worldwide Advisors, LLC, introduced its Federal government Contracting Finance arm offered a $3 million asset-based lending facility to a licensed Women’s Business enterprise Business (WBE) that distributes and installs specialty building products in the Northeast U.S.

The facility was secured by the firm’s accounts receivable and stock, and the funding will be utilised for working funds and growth.

“White Oak proudly supports the progress and longevity of women-owned businesses with creative and well timed funding solutions, and we are thrilled that we could provide these kinds of an esteemed WBE qualified by the Women’s Small business Business National Council,” stated White Oak’s Head of Federal government Contract Funding, Kysha Pierre-Louis.

A Women’s Enterprise Company (WBE) is an impartial small business issue that is at minimum 51% owned and managed by just one or far more females who are U.S. citizens or Authorized Resident Aliens whose company development and principal area of business are in the U.S. or its territories and whose administration and day-to-day procedure is controlled by a lady with market expertise.

White Oak is dedicated to aiding a various array of providers, like WBE’s, make the most of their belongings with versatile and dependable funding and delivers them with the deep suite of merchandise, sector experience and ready cash they require to devote in advancement.

ABOUT WHITE OAK Professional FINANCE, LLC

White Oak Professional Finance, LLC (WOCF) is a world-wide monetary items and companies corporation furnishing credit score facilities to organizations throughout the economy. WOCF’s alternatives include things like asset-primarily based lending, complete-service factoring, invoice discounting, government deal funding, financial institution funding, supply chain financing, inventory financing, US import/export financing, trade credit hazard management, account receivables management and credit rating and collections assistance. The organization has places of work and staff during the US, British isles, and Australia, which include San Francisco, Charlotte, Washington D.C., Atlanta, Los Angeles, London, Glasgow, and Sydney. WOCF is an affiliate of White Oak Global Advisors, LLC and its institutional shoppers. More information and facts can be discovered at www.whiteoaksf.com/commercialfinance.

About White Oak Global Advisors

White Oak International Advisors, LLC is a main world different asset manager specializing in originating and offering financing options to aid the expansion, refinancing and recapitalization of small and medium enterprises. Due to the fact its inception in 2007, White Oak Worldwide Advisors’ disciplined investment decision procedure focuses on offering possibility-modified investment returns and setting up long phrase partnerships with our borrowers. For much more information, stop by www.whiteoaksf.com.