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 clothing for women.
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,” Ethan Rosenblum, vice president of White Oak Commercial Finance, said. “We believe our industry know-how and scalable product offering will continue to meet the company’s evolving needs.”