White Oak Commercial Finance, an affiliate of White Oak Global Advisors, closed a new $120 million 3-year Senior Secured Credit Facility with Sauder Woodworking, a Midwest-based manufacturer and distributor of ready-to-assemble furniture and custom...
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October 01, 2024, 08:10 AM
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White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors, announced the hiring of two new executives: Matthew DeBernardo as Managing Director of Originations, and Blake Voyles as Head of Lower Middle Market Underwriting. The...
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September 18, 2024, 08:13 AM
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White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors, upsized a $10 million factoring facility to a leading worker management software company by an additional $15 million. The now $25 million factoring facility will serve...
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June 18, 2024, 08:00 AM
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White Oak Commercial Finance closed a new $1.1 billion credit facility agented by Wells Fargo Bank, and including 11 other banks, increasing the capital that can be invested in asset-based lending (ABL). Additionally, WOCF and White Oak ABL announced...
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June 14, 2024, 08:00 AM
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White Oak Global Advisors announced that, along with its Financing Affiliates (collectively “White Oak”), it deployed $1.1 billion in capital in 2023. "Last year marked a significant increase in the demand for our flexible financing solutions...
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February 05, 2024, 08:05 AM
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White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors, provided a $10 million senior factoring facility to a leading worker management software company. The facility will be used for working capital to help the company...
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January 12, 2024, 07:45 AM
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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...
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January 11, 2024, 07:53 AM
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Alliance Entertainment Holding Corporation, a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, toys and collectibles, closed a new 3-year $120 million senior secured asset based...
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December 22, 2023, 08:00 AM
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White Oak Commercial Finance, an affiliate of White Oak Global Advisors, announced that Christopher Gouskos will join the ABL team at White Oak Commercial Finance as a Managing Director, Originations, departing from his previous similar role as...
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December 06, 2023, 08:00 AM
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White Oak Commercial Finance, an affiliate of White Oak Global Advisors provided a $20 million factoring facility to a leading telecommunications company. The facility will allow the company to continue its growth and its supplying of tablets and...
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August 09, 2023, 07:58 AM
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White Oak ABL, White Oak Commercial Finance, and other funds and accounts managed by White Oak Global Advisors, closed a new $70 million commitment in a $225 million ABL credit facility to a leading private-equity owned home textile supplier...
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August 02, 2023, 08:00 AM
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White Oak ABL, White Oak Commercial Finance, and other affiliates of White Oak Global Advisors, closed a new $287.5 million 3-year Senior Secured Credit Facility with Majestic Steel USA Inc., a Midwest based distributor and value-added service...
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July 12, 2023, 08:00 AM
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White Oak ABL and White Oak Commercial Finance, the asset-based lending affiliates of White Oak Global Advisors provided a $40 million North America ABL credit facility to Invacare Holdings Corporation, a leading manufacturer and distributor of...
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June 21, 2023, 07:59 AM
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White Oak ABL, White Oak Commercial Finance, and other affiliates of White Oak Global Advisors, provided a $67 million ABL credit facility to a leading manufacturer of healthcare and food safety products.The transaction includes a $55 million...
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June 13, 2023, 08:00 AM
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Legacy Corporate Lending announced Neal Mulford has joined the firm as Executive Vice President, Portfolio & Underwriting.Mulford will work closely with Legacy’s originations team and will be responsible for conducting the underwriting process and...
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June 12, 2023, 08:05 AM
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Orion Group Holdings, a leading specialty construction company, closed a new 3-year $103 million senior secured asset based credit facility with White Oak ABL and White Oak Commercial Finance, which are the asset-based lending affiliates of White Oak...
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May 17, 2023, 08:01 AM
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White Oak Commercial Finance, an affiliate of White Oak Global Advisors, provided a $2 million non-recourse factoring facility to a wholesaler of contemporary men’s apparel.“As the apparel sector navigates continued market volatility, we are pleased...
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March 28, 2023, 07:51 AM
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White Oak Global Advisors announced that the firm, together with its financing affiliates, originated $1.4 billion of loan transactions across 60 deals in 2022.“2022 was an exceptional year for White Oak,” said Andre Hakkak, Co-Founder & CEO. “The...
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March 17, 2023, 08:00 AM
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White Oak Commercial Finance provided a $3 million factoring facility to a leading provider of temporary staffing and recruiting services with a more than 70 year history of family ownership successfully serving clients across the country.“We are...
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January 10, 2023, 07:58 AM
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White Oak Commercial Finance, an affiliate of White Oak Global Advisors, LLC, provided a $80 million revolver to a Midwest-based distributor and value-added service provider of specialty metal products with operations throughout the United States....
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December 20, 2022, 07:52 AM
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White Oak Commercial Finance, an affiliate of White Oak Global Advisors, provided a $4 million non-recourse factoring facility to a leading menswear company. The borrower company boasts 30 years’ experience in the development, design and production...
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September 15, 2022, 07:55 AM
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White Oak Global Advisors provided a term loan to Benada Aluminum Products (“Benada”), a leading, full-service aluminum extrusion operation servicing a diverse mix of building products, distribution, storm protection and industrial customers across...
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June 14, 2022, 07:30 AM
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White Oak Commercial Finance provided a $7 million senior secured credit facility to a NY-based converter and distributor of flexible film packaging products for the medical, cosmetic, and food industries.The transaction was structured against the...
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April 25, 2022, 08:00 AM
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White Oak Commercial Finance promoted five account executives dedicated to serving its national client base across a range of industries in its New York and Los Angeles offices.In New York, Laquanda Franklin, Ethan Rosenblum, and Teresa Chan were...
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March 14, 2022, 08:00 AM
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White Oak Commercial Finance provided a $7 million factoring facility to a technology-focused staffing firm specialized in automating and streamlining temporary staffing services to warehouse and distribution centers throughout the United States.The...
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March 01, 2022, 07:54 AM
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White Oak Global Advisors announced that the firm, together with its financing affiliates (collectively, “White Oak”), originated $2.1 billion of loan transactions across 133 companies in 2021. As small and medium enterprises (SMEs) continue to look...
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February 08, 2022, 08:01 AM
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White Oak Real Estate Capital (“WOREC”) originated $145.75 million of loan transactions in the multi-family and self-storage sectors in the fourth quarter of 2021. These announcements follow WOREC’s launch in July 2021.The deals within the...
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January 21, 2022, 08:00 AM
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White Oak Commercial Finance provided a $15 million factoring facility to a supplier of parts for the automotive aftermarket. The transaction was structured against the company’s accounts receivable, and the proceeds will be used to support its rapid...
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December 16, 2021, 07:55 AM
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White Oak Commercial Finance added Mark Allen Smith as Managing Director of Originations with responsibilities spanning the Midwest, Central United States and Canada. He will be based in Chicago reporting to Vice Chairman Andy McGhee.Smith has nearly...
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December 07, 2021, 07:50 AM
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White Oak Commercial Finance, an affiliate of White Oak Global Advisors, provided a $3 million non-recourse advance factoring facility to a family-owned apparel manufacturer focused on delivering high quality and affordable clothing for women. The...
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November 23, 2021, 07:57 AM
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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...
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November 18, 2021, 07:50 AM
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White Oak Global Advisors has successfully completed fundraising for White Oak Yield Spectrum Fund V (“the Fund”) and other associated vehicles with over $1.3 billion of total committed capital. An additional commitment of up to $1.0 billion was...
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October 21, 2021, 08:00 AM
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White Oak Healthcare Finance acted as administrative agent on the funding of a $185 million senior credit facility secured by 14 skilled nursing facilities in the Southeast. The total portfolio comprised over 1,400 beds.“Though the current operating...
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September 23, 2021, 07:47 AM
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White Oak Commercial Finance, an affiliate of White Oak Global Advisors, announced it provided a $17 million ABL credit facility to one of the nation’s largest manufacturers of baked desserts.The transaction was structured against the company’s...
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September 14, 2021, 07:43 AM
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White Oak Commercial Finance hired Brandon Hodges as Managing Director of Originations. Hodges will be based in Los Angeles with national ABL and Lender Finance originations responsibilities and will report to Vice Chairman Andy McGhee. Hodges is an...
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September 08, 2021, 08:00 AM
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White Oak Commercial Finance is expanding its retail offering with the formation of its new National Retail Finance Group to meet the growing demand for custom funding solutions by retail companies pivoting their business models to meet fast-changing...
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July 21, 2021, 08:10 AM
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White Oak Commercial Finance provided a $7.5 million accounts receivable facility to a Peruvian manufacturer and exporter of sustainable, premium apparel products to the United States.The transaction was structured with advances against the company’s...
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July 07, 2021, 07:55 AM
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White Oak Commercial Finance added Mike Earnhart as Senior Vice President, Managing Director of Originations. Earnhart will be based in Los Angeles with national coverage responsibilities.Earnhart is an accomplished financial industry executive with...
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June 28, 2021, 08:09 AM
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White Oak Commercial Finance provided a $10 million non-recourse factoring facility to a manufacturer and importer of private label apparel products.The transaction was structured with advances against the company’s accounts receivable, and the...
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June 24, 2021, 07:17 AM
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White Oak Commercial Finance provided a $50 million asset-based revolving credit facility to a leading, athletic footwear and apparel retailer based in the U.S.The retailer recently activated a roll-up of several brands led by a private equity firm...
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June 18, 2021, 08:03 AM
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White Oak Commercial Finance closed a working capital credit facility with Mana Products Inc., a developer and manufacturer of high-end beauty products based in New York, at the end of the first quarter.The innovative beauty products company has been...
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June 02, 2021, 08:10 AM
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White Oak Commercial Finance provided a $10 million non-recourse factoring facility to an apparel retailer based in New York City. The e-commerce wholesale company provides high-quality, sustainably minded clothing to partners in the U.S. and...
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May 05, 2021, 07:09 AM
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White Oak Commercial Finance's Government Contracting Finance arm provided a $4.5 million asset-based lending facility to a mechanical products distributor that sells to Fortune 500-listed companies.The facility was secured by the firm’s accounts...
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April 29, 2021, 07:10 AM
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White Oak Commercial Finance delivered a $3 million recourse factoring facility to a factor that provides funding to the trucking and transportation industry.The company has been in business since 2015, and the funding was secured against its...
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April 22, 2021, 07:22 AM
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White Oak Commercial Finance announced the addition of Robert Mocerino as Senior Vice President, Managing Director of Staffing and Government Originations. He will be based in New York with national coverage responsibilities reporting to Bob Grbic...
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March 01, 2021, 08:00 AM
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White Oak Global Advisors announced the firm, together with its affiliates, funded $2.7 billion in loans across 119 borrowers in 2020. As companies seek support, White Oak continued to meet the nuances of their client’s business needs through...
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February 18, 2021, 08:00 AM
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White Oak Commercial Finance announced the hiring of Fridolf Hanson as a Managing Director and Business Development Officer of its expanded ABL and Lender Finance platform. This is one of three new senior BDO positions created to join the existing...
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February 12, 2021, 07:58 AM
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White Oak Commercial Finance's Government Contracting Finance arm provided a $3 million asset-based lending facility to a certified Women’s Business Enterprise (WBE) that distributes and installs specialty building products in the Northeast U.S.The...
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January 29, 2021, 07:00 AM
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White Oak Commercial Finance announced it provided a $50 million asset-based credit facility to a leading, U.S-based digital media & advertising company to support its continuing growth.The transaction was structured against the company’s accounts...
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January 20, 2021, 08:00 AM
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White Oak Commercial Finance added three senior business development officers to its ABL and Lender Finance platform. Garrick Tan, Fridolf Hanson and Bill Kearney will join five members of the existing Originations team and will focus on sourcing...
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January 11, 2021, 08:30 AM
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White Oak Commercial Finance provided a $5 million receivables financing facility to a telecommunications and electrical contracting company that provides integrated voice and data cabling infrastructure solutions nationwide.The transaction was...
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December 01, 2020, 08:30 AM
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White Oak Commercial Finance announced its Government Contracting Finance arm provided a $10 million asset-based lending facility to a veteran-owned engineering firm contracting with the New York City Housing Authority. The facility was secured by...
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November 24, 2020, 08:00 AM
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White Oak Commercial Finance announced it provided a $20 million Receivables Financing Facility to a global manufacturing company that provides innovative product components to the healthcare and consumer goods industries. The transaction was...
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October 29, 2020, 08:20 AM
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White Oak Commercial Finance, LLC, an affiliate of White Oak Global Advisors, LLC, announced it provided a $25 million ABL facility to Saadia Group, LLC for the acquisition of two women’s apparel brands from e-commerce retailer, RTW Retailwinds Inc....
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October 14, 2020, 09:08 AM
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White Oak Commercial Finance, LLC, an affiliate of White Oak Global Advisors, LLC, announced its Government Contracting Finance Division provided $4.5 million in factor and ABL-based credit facilities to three aerospace businesses providing...
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September 16, 2020, 09:00 AM
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White Oak Commercial Finance, LLC, an affiliate of White Oak Global Advisors, LLC, announced it provided a $10 million factoring – inventory finance facility to a consumer electronics wholesaler and distributor serving public and private retailers in...
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September 09, 2020, 08:55 AM
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White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC acknowledged the success of its valued client, StoreBound, a developer and distributor of housewares designed for healthy living. The fast-growing company...
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August 07, 2020, 08:00 AM
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White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, announced that Wes Reagan has joined the Lender Finance Team as Managing Director of Underwriting. He will be responsible for underwriting, sourcing...
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July 24, 2020, 09:10 AM
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White Oak Commercial Finance, LLC (White Oak), an affiliate of White Oak Global Advisors, LLC, announced its Government Contracting Finance group provided an additional $4MM in factor-based credit facility funding to a Washington DC-based...
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July 14, 2020, 08:50 AM
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White Oak Commercial Finance, LLC, an affiliate of White Oak Global Advisors, LLC, announced it increased funding on its $75MM asset-based credit facility by $6MM with Hunt & Sons Inc. (Hunt), a third-generation, family-owned diversified petroleum...
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July 08, 2020, 09:05 AM
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White Oak Commercial Finance LLC, an affiliate of White Oak Global Advisors LLC announced it provided an $81MM asset-based credit facility to the Aspire 42 group of companies; majority owned by Moss Ridge, a Sydney-based family office that manages a...
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June 29, 2020, 08:29 AM
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White Oak Commercial Finance, LLC, an affiliate of White Oak Global Advisors, announced it funded over $600MM in credit facilities in 2019 and over $300MM year-to-date to diversified enterprises in North America, the UK, Europe, and Australia.White...
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June 19, 2020, 09:05 AM
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White Oak Commercial Finance (“WOCF”), an affiliate of San Francisco-based alternative investment manager White Oak Global Advisors, LLC (“White Oak”), today announced Andy McGhee, Susan Hall and Neal Mulford have joined the firm to further expand...
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May 28, 2020, 08:05 AM
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White Oak Commercial Finance announced that Martin F. Efron has joined the firm as the Portfolio Manager in New York, serving the Northeast region. He will report to Bob Grbic, CEO and President of White Oak Commercial Finance.Martin brings 20 years...
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May 11, 2020, 09:05 AM
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White Oak Commercial Finance (“White Oak”), an affiliate of White Oak Global Advisors, announced today it has purchased a portfolio of asset-based loans from Veritas Financial Partners, a Boca Raton, FL based specialty finance company. “This...
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September 24, 2019, 09:30 AM
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White Oak Commercial Finance, an affiliate of White Oak Global Advisors, announced the origination of a new revolving credit facility to healthy meal service company The Good Kitchen. Originally founded as a meal delivery service, The Good Kitchen...
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August 29, 2019, 08:45 AM
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White Oak Commercial Finance hired Sudhir Chaudhry and Kevin Maitland as underwriters, further increasing the company’s originations presence across the U.S.Chaudhry joins White Oak’s Los Angeles office bringing nearly 25 years of structured finance...
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August 01, 2019, 08:50 AM
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White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, announced today the appointment of Michael Goletz to Director of ABL Originations, covering the Midwest U.S. region. Mr. Goletz joins from WNB Specialty...
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April 30, 2019, 09:11 AM
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Second Avenue Capital Partners, LLC (SACP), and White Oak Commercial Finance, LLC (White Oak), an affiliate of White Oak Global Advisors, LLC, announced today the closing of a $35,000,000 asset-backed revolving credit facility for Charming Charlie, a...
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April 18, 2019, 09:15 AM
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White Oak Commercial Finance, an affiliate of White Oak Global Advisors, announced the appointment of Andrew Bae to Director of ABL Originations, concentrating on Texas and the Southwest. Bae brings nearly 20 years of experience in commercial finance...
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April 04, 2019, 09:15 AM
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White Oak Commercial Finance, an affiliate of White Oak Global Advisors, announced the appointment of Evan Zwerman as Director of Originations for the firm’s ABL division. Based in New York, Zwerman joins from MB Financial Bank, where as Vice...
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March 08, 2019, 08:51 AM
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White Oak Commercial Finance, a division of White Oak Global Advisors, announced the appointment of Robert Dean to Managing Director of Risk Management for ABL and Factoring. Dean joins from Wells Fargo Capital Finance, where he served as Senior Vice...
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November 01, 2018, 08:01 AM
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White Oak ABL, LLC, an affiliate of White Oak Global Advisors, LLC, announced the appointment of Clark D. Griffith to Managing Director, based in San Francisco. Griffith joins from Encina Business Credit where he held the position of Senior Managing...
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October 24, 2018, 08:00 AM
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White Oak Healthcare Finance, LLC announced it acted as sole lender and administrative agent on the funding of a $28 million senior credit facility for Granite Investment Group (Granite). Secured by three skilled nursing facilities in Texas, the...
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October 04, 2018, 07:10 AM
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White Oak Global Advisors, LLC announced the close of the White Oak Yield Spectrum Fund to outside investors. The Fund and other associated vehicles raised concurrently approximately $2.1 billion of total commitments, exceeding the $1.75 billion...
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September 13, 2018, 08:01 AM
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White Oak Healthcare Finance, LLC (White Oak), announced it acted as sole lender and administrative agent on the funding of a $20 million asset based senior credit facility for Fox Rehabilitation, Inc. (Fox). The funds were primarily used to...
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September 05, 2018, 07:08 AM
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White Oak Asset Finance GP, LLC (WOAF), an affiliate of White Oak Global Advisors, LLC (White Oak), announced it has committed £90 million to British Steel Limited, a leading UK-based, fully-integrated producer of carbon steel. Proceeds of the...
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July 19, 2018, 07:08 AM
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White Oak Commercial Finance, one of the nation's leading lenders to the middle-market, announced the addition of John Merille as Senior Vice President and Director of Originations. “We are pleased to add John and his numerous talents to White Oak,”...
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June 19, 2018, 08:00 AM
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White Oak Business Capital, Inc., an affiliate of White Oak Global Advisors, LLC, announced the appointment of David Mitchell to the role of Senior Vice President and Senior Business Development Officer, responsible for expanding business in the...
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June 07, 2018, 07:08 AM
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White Oak Global Advisors, LLC on behalf of its institutional clients announced that White Oak has acquired Federal National Commercial Credit, Inc. (FNCC), a specialized commercial finance company providing government receivable financing...
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February 08, 2018, 07:22 AM
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CIT Group Inc. announced that its Commercial Finance unit served as sole lead arranger for a $422 million senior secured loan financing to White Oak Commercial Aviation, LP, an affiliated entity of White Oak Global Advisors, LLC (White Oak) that is...
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January 19, 2018, 07:19 AM
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White Oak Commercial Finance, LLC (WOCF), a provider of lending services to the middle-market, announced that it has launched a new asset-based lending offering designed for the staffing sector.WOCF has been providing working capital financing...
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November 28, 2017, 08:01 AM
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White Oak Commercial Finance, LLC (WOCF) announced that it has provided a $15 million factoring facility to Mias Fashion, an innovative leader in the full package apparel manufacturing and global sourcing. Since 1999, Mias Fashion has efficiently...
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November 02, 2017, 07:40 AM
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White Oak Commercial Finance, LLC (WOCF) an affiliate of White Oak Global Advisors, LLC and its institutional clients, announced it has bolstered its North Carolina team with the appointment of Cindy Skipper as Vice President of Underwriting. Based...
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October 13, 2017, 07:41 AM
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White Oak Commercial Finance, LLC, an affiliate of White Oak Global Advisors, LLC and its institutional clients, announced the appointment of Veronica Lubczenko as Director, Risk Management to its rapidly growing Asset-Based Lending (ABL) team....
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October 10, 2017, 08:00 AM
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White Oak Commercial Finance, LLC announced that it has recently closed two new Asset-Based Loan Facilities for Houston-based service businesses – the first, to a preeminent provider of environmental clean-up services and industrial safety solutions...
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September 26, 2017, 08:01 AM
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White Oak Commercial Finance, LLC (WOCF) an affiliate of White Oak Global Advisors, LLC and its institutional clients, announced that it had bolstered its Asset-Based Lending team with the appointment of commercial financing veteran Mignon Winston to...
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September 21, 2017, 07:20 AM
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White Oak Commercial Finance, LLC (WOCF), one of the nation’s leading financiers serving the middle market, announced that it has provided a $20 million dollar factoring facility to a distributor of luxury and branded apparel, accessories, handbags...
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September 13, 2017, 08:00 AM
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White Oak Commercial Finance, an affiliate of White Oak Global Advisors, LLC and its institutional clients, announced the appointment of Gino Clark to Managing Director of Originations. Clark is responsible for managing WOCF’s West Coast Office and...
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August 03, 2017, 07:09 AM
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White Oak Commercial Finance, LLC announced the appointment of Gerard M. Hanabergh, to serve as Managing Director of Risk for Asset-Based Lending (ABL). Hanabergh will be responsible for existing and new business underwriting, portfolio management...
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June 14, 2017, 08:00 AM
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