White Oak Commercial Finance provided a $5 million factoring facility to a Texas-based government contractor specializing in providing support services to the U.S. Government and subcontractors.
The transaction was structured against the company’s receivables to fuel its rapid growth and secure new government contracts of increasing size and complexity.
“White Oak was able to deliver a flexible and scalable financing solution that will help the company expand and take on new and larger contracts with confidence,” said White Oak Managing Director, Robert Mocerino. “We are proud to support this deserving business at such an important stage of its growth.”
White Oak is dedicated to helping government contractors make the most of their assets with its federal, state, and local contracting know-how, hands-on consulting, and ready capital up to $250 million.