Daily News: April 13, 2018

White Oak Partners with C2FO on New Venture


White Oak Global Advisors partnered with C2FO, a market for working capital, to offer receivable financing options to C2FO’s network of businesses throughout the U.S.

Established in 2008, C2FO lets businesses improve cash flow by offering their customers a discount they determine in exchange for early payment of invoices.

With the White Oak partnership, C2FO can provide businesses access to additional funding options when early payment is not available from out-of-network customers, as well as let in-network companies toggle between using their own cash and/or third-party cash to fund early payment to their supplier partners.

“C2FO combines best-in-class working capital marketplace technology with a global business network,” said White Oak CEO, Andre Hakkak. “Through this joint opportunity, more businesses will have access to additional working capital financing options, while investors will be provided with attractive risk-adjusted returns.”