Charles & Colvard entered into a new three-year, $5 million asset-based credit facility with White Oak Commercial Finance, an affiliate of White Oak Global Advisors.
White Oak Commercial Finance, an affiliate of White Oak Global Advisors and its institutional clients, appointed Cindy Skipper vice president of underwriting.
White Oak Commercial named Gino Clark managing director of Originations. Clark is responsible for managing WOCF’s West Coast office and portfolio of factoring and ABL relationships.
Capital Business Credit appointed Robert Grbic as president and CEO and Michael Fortino as chief operating officer, in addition to his current role as CFO, effective immediately.