White Oak Commercial Finance provided a $15 million factoring facility to a supplier of parts for the automotive aftermarket.
White Oak Commercial Finance, an affiliate of White Oak Global Advisors, provided a $50 million asset-based credit facility to a U.S.-based digital media and advertising company to support continuing growth.
White Oak Commercial Finance provided an $8 million credit facility to a global automotive supplier specializing in the designing, engineering and manufacturing of mechatronic systems and lightweight solutions.
White Oak Commercial Finance appointed Andrew Bae to director of ABL Originations, concentrating on Texas and the Southwestern U.S. region.
White Oak Commercial Finance appointed Evan Zwerman as director of originations for the firm’s asset-based lending division. He will be based in New York.
A. E. Wease Distributors, a 90-year old family-run business, spent five years as the borrower of a large Midwest-based bank. But the bank got cold feet about lending to Wease after a major customer was acquired and no longer needed a distributor. ABF Journal editor Nadine Bonner spoke with Wease’s Charles Tandy and Pete McCaffrey, who explained the process that brought them into a successful relationship with their new lender, White Oak Commercial Finance.