White Oak Commercial Finance’s government contracting finance arm provided a $1.5 million factoring facility to a service-disabled veteran-owned 8(a) company that provides operational and technical engineering support to the U.S. Army Cyber Command.
The transaction was structured as a factoring facility secured by the company’s accounts receivable, and the funding will be used as working capital to support operations and bids on new government contracts.
“We’re honored to support and provide tailored financing to veteran-owned businesses committed to delivering critical services to our armed forces,” Kysha Pierre-Louis, head of government contract financing at White Oak, said.
