White Oak Delivers $3MM Asset-Dependent Lending Facility to a Certified Women’s Small business Business
NEW YORK–(Enterprise WIRE)–White Oak Business Finance, LLC (“White Oak”), an affiliate of White Oak Worldwide Advisors, LLC, introduced its Authorities Contracting Finance arm presented a $3 million asset-primarily based lending facility to a qualified Women’s Small business Organization (WBE) that distributes and installs specialty developing merchandise in the Northeast U.S.
The facility was secured by the firm’s accounts receivable and inventory, and the funding will be utilized for operating capital and advancement.
“White Oak proudly supports the growth and longevity of women of all ages-owned businesses with innovative and well timed funding methods, and we are thrilled that we could serve these kinds of an esteemed WBE certified by the Women’s Business enterprise Company Countrywide Council,” mentioned White Oak’s Head of Govt Deal Funding, Kysha Pierre-Louis.
A Women’s Enterprise Business (WBE) is an impartial organization problem that is at least 51% owned and managed by 1 or much more females who are U.S. citizens or Lawful Resident Aliens whose small business formation and principal position of organization are in the U.S. or its territories and whose management and every day operation is managed by a female with industry abilities.
White Oak is focused to encouraging a various array of companies, like WBE’s, make the most of their assets with versatile and trustworthy funding and provides them with the deep suite of goods, business know-how and prepared capital they want to commit in advancement.
ABOUT WHITE OAK Commercial FINANCE, LLC
White Oak Business Finance, LLC (WOCF) is a world-wide economical products and solutions and services firm furnishing credit amenities to firms across the economic climate. WOCF’s answers involve asset-based lending, whole-company factoring, bill discounting, govt contract funding, lender funding, source chain financing, stock funding, US import/export financing, trade credit rating threat administration, account receivables administration and credit history and collections assist. The organization has offices and staff all over the US, British isles, and Australia, together with San Francisco, Charlotte, Washington D.C., Atlanta, Los Angeles, London, Glasgow, and Sydney. WOCF is an affiliate of White Oak World-wide Advisors, LLC and its institutional shoppers. Extra information and facts can be observed at www.whiteoaksf.com/commercialfinance.
About White Oak Global Advisors
White Oak Worldwide Advisors, LLC is a leading international alternate asset supervisor specializing in originating and providing funding alternatives to aid the progress, refinancing and recapitalization of small and medium enterprises. Given that its inception in 2007, White Oak Global Advisors’ disciplined financial investment approach focuses on offering hazard-altered expense returns and creating long phrase partnerships with our borrowers. For much more details, go to www.whiteoaksf.com.
