White Oak Commercial Finance, LLC, an affiliate of White Oak Global Advisors, LLC, announced it 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.
White Oak Commercial Finance, LLC (WOCF) is a global financial products and services company providing credit facilities to companies across the economy. WOCF’s solutions include asset-based lending, full-service factoring, lender financing, invoice discounting, government contract financing, supply chain financing, inventory financing, U.S. import/export financing, trade credit risk management, account receivables management and credit and collections support. The firm has offices and personnel throughout the U.S., UK, and Australia, including New York, San Francisco, Charlotte, Washington D.C., Atlanta, Los Angeles, London, Glasgow, and Sydney. WOCF is an affiliate of White Oak Global Advisors, LLC and its institutional clients.
The transaction was structured against the company’s account receivables and inventory to support its growth and expand its private label offering.
“We’re proud to serve this family-owned provider of versatile and fashion-forward clothing with a custom financing solution that is key to its growth objectives,” said White Oak Vice President Ethan Rosenblum. “We believe our industry know-how and scalable product offering will continue to meet the company’s evolving needs.”
White Oak is dedicated to helping apparel companies make the most of their assets with hands-on consulting, creative funding options, and ready capital up to $250 million.
