White Oak Commercial Finance, an affiliate of White Oak Global Advisors, provided a $5 million receivables financing facility to a telecommunications and electrical contracting company that provides integrated voice and data cabling infrastructure solutions.
The transaction was structured as a recourse factoring facility secured by the company and its three subsidiaries’ accounts receivable. The funding supports the four entities’ continued growth and their ongoing working capital.
White Oak Commercial Finance is a global financial products and services company providing credit facilities to companies across the economy.
