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White Oak Commercial Finance Europe Launches New website

June 29, 2020, 08:00 AM
Filed Under: Industry News

White Oak Commercial Finance Europe (WOCFE), a leading provider of Senior Secured financial solutions to small and medium sized enterprises (SMEs), mid-market, private equity (PE)-owned and PLC firms across the UK and Europe, announced the official launch of its new website.

Designed for accessibility, the resource-rich site is aimed at key business introducers and end-user businesses, with a range of flexible lending scenarios spanning asset-based lending and invoice finance facilities, helping clients realise growth through customised options.

WOCFE’s full asset-based lending proposition enables clients across a broad selection of sectors to release working capital against receivables, inventory and property, top-up cashflow levels or access an additional funding stream for plant and machinery, with no restrictive formula against the mix of assets funded. The lending process is dynamic, with the team actively looking to create new, flexible solutions to meet ever-evolving client requirements.

WOCFE conducts transactions of between £500,000 and £200 million, covering a range of scenarios from working capital, growth funding and mergers & acquisitions (M&A), to turnaround scenarios, refinance and restructuring, seasonal cash flow shortfalls and bridging to longer-term stability.

The WOCFE team also has access to the Coronavirus Business Interruption Loan Scheme (CBILS), a scheme managed by the British Business Bank on behalf of, and with the financial backing of the Secretary of State for Business, Energy and industrial Strategy (BEIS), through approved provider, White Oak UK.

As an affiliate of White Oak Global Advisors, a US-based SEC-registered investment firm and private credit firm established in 2007 with over $8-billion capital deployed globally, White Oak Commercial Finance Europe prides itself on delivering creative lending solutions for complex scenarios, supported by dedicated deal management support delivered rapidly thanks to an efficient in-house underwriting process.

Neil Jones, Head of Sales at WOCFE, said, “We are pleased to debut our new website to clients and referral partners looking to understand the breadth of White Oak Commercial Finance Europe’s services within the UK and Europe. Having been long established in the US as a principal ABL provider under Chairman, Tom Otte, we believe this now offers greater capacity for businesses looking for a global provider that can service an array of Senior Secured facilities to corporates across a variety of jurisdictions.”

Andre Hakkak, CEO of White Oak Global Advisors, commented: “The UK and broader Europe represent a tremendous growth opportunity for the platform. We have strong demand from both borrowers in the region requiring financing and investors seeking yield in an uncertain market environment.”

White Oak Commercial Finance Europe are keen to work with corporate finance introducers, debt advisory firms, restructuring houses, private equity firms, brokers, and corporates to provide a mix of asset-based lending (ABL), invoice finance, receivables purchase programmes (RPAs) and supply chain options to businesses.





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