White Oak Commercial Finance, an affiliate of White Oak Global Advisors closed a $25 million Senior Secured Facility to a leading cold weather apparel supplier, engaged in the production and distribution of snow pants, jackets, base layers, and accessories.
“Our in-depth understanding of the apparel space, combined with our ability to deliver flexible solutions, provided an ideal fit to support the continued growth of this seasonal business”
“This strategic partnership underscores WOCF’s ability to develop tailored ABL solutions to support the success and operations of middle market businesses,” said Tom Otte, CEO of White Oak Commercial Finance.
In 2023, WOCF and other White Oak affiliates funded over $600 million in Asset Based Loans to companies ranging from textile manufacturers to telecommunications providers. The breadth of White Oak and its affiliates’ capabilities stems from its broad research and talent pool that identifies lending opportunities for exceptional companies. In a year partially defined by decreased access to liquidity and traditional lender retrenching, White Oak and its affiliates helped provide companies with working capital and flexible financing solutions.