White Oak Global Advisors Originates $1.4B in Lending Activity in 2022
White Oak Global Advisors, together with its financing affiliates, originated $1.4 billion of loan transactions across 60 deals in 2022.
White Oak Global Advisors, together with its financing affiliates, originated $1.4 billion of loan transactions across 60 deals in 2022.
Finacity completed the facilitation of a new venture debt program for Immersive Group Gaming. The first tranche discounted future receivables for an amount of $12.0 million. Additional tranches are expected to follow.
Finacity, a White Oak Company, and DZ Bank launched a 2.5-year, $150 million trade receivables securitization for Nitron Group. The facility is collateralized by Nitron’s receivables for fertilizer distribution and importation services.
Finacity and PNC Bank launched a trade receivables securitization for a U.S.-headquartered technology support company. The securitization program will allow the company up to $25 million in senior funding provided by PNC, while Finacity will provide up to $1.6 million in junior funding.
Finacity closed a trade receivables securitization program for Startek. The funds from the securitization facility were used to refinance an existing asset-based loan facility.
Finacity facilitated an €18 million ($19.17 million) non-recourse trade receivable funding program for Deoleo, a global producer of olive oil.
Finacity announced it successfully arranged and structured a $15 million invoice purchase facility for a leading U.S. nationwide food distributor.