Orion Group closed a three-year, $103 million credit facility with White Oak ABL and White Oak Commercial Finance. Orion also entered into a $13 million sale-leaseback of concrete segment equipment with Gordon Brothers.
White Oak Commercial Finance, an affiliate of White Oak Global Advisors, provided a $2 million non-recourse factoring facility to a wholesaler of contemporary men’s apparel.
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 $80 million revolver to a Midwest-based distributor and value-added service provider of specialty metal products with operations throughout the United States. Additionally, Tiger Finance provided a $10 million term loan to the company.
White Oak Commercial Finance provided a $4 million non-recourse factoring facility to a menswear company. The funds provided by White Oak will be used to support continued growth for the company and provide the liquidity needed to defend against the typical seasonality of the men’s apparel business.
Shadowbriar Capital Partners acquired Benada Aluminum Products from Big Shoulders Capital and ABGB Capital. White Oak Global Advisors and its financing affiliate, White Oak Commercial Finance, provided the debt financing for the transaction.
White Oak Commercial Finance provided a $7 million senior secured credit facility to a New York-based converter and distributor of flexible film packaging products for the medical, cosmetic and food industries.
White Oak Commercial Finance promoted Laquanda Franklin, Ethan Rosenblum, Teresa Chan and Donald Norman to senior vice president roles and promoted Ryan Power to vice president.
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 provided a $15 million factoring facility to a supplier of parts for the automotive aftermarket.