White Oak Commercial Finance, an affiliate of White Oak Global Advisors, provided a $3 million factoring facility to a provider of temporary staffing and recruiting services with a more than 70-year history of family ownership successfully serving clients across the country.
White Oak Commercial Finance provided a $7 million factoring facility to a technology-focused staffing firm that specializes in automating and streamlining temporary staffing services to warehouse and distribution centers throughout the United States.
White Oak Commercial Finance, an affiliate of White Oak Global Advisors, provided a $5 million factoring facility to a Texas-based government contractor specializing in providing support services to the U.S. government and subcontractors.
White Oak Commercial Finance hired Robert Mocerino as senior vice president and managing director of staffing and government originations. He will be based in New York and have national coverage responsibilities.
Sterling National Bank’s commercial services group provided senior secured credit facilities totaling $3 million to a staffing solutions firm located in New York.
Sterling National Bank’s commercial services group provided senior secured credit facilities totaling $7 million to a national staffing firm located in Texas.
Sterling National Bank’s commercial services group provided senior secured credit facilities totaling $3 million to Right Sized Solutions. The credit facilities will provide working capital to further expand and support Right Sized Solutions’ future projected payroll and growth.
Sterling National Bank added Robert Mocerino as a managing director in the Specialty Finance Division, where he will focus on payroll finance, factoring and asset-based lending.