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 Finance, an affiliate of White Oak Global Advisors, appointed Veronica Lubczenko, a former executive at CIT Group and GE Capital, as director, Risk Management.
White Oak Commercial Finance provided two asset-based facilities totaling $45 million to two Houston-based companies, serving as sole lender for both.
White Oak Commercial Finance provided a $20 million factoring facility to a distributor of luxury and branded apparel, accessories, handbags and watches.
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.
White Oak Branches Out: Capital Business Credit Joins the Group and Rebrands as White Oak Commercial Finance
White Oak Global Advisors was seeking to expand its term loan lending business. So in December, the company acquired Capital Business Credit, a capital lender with ABL and factoring platforms. CBC was recently rebranded as White Oak Commercial Finance, and its executive chairman, Andrew Tananbaum, is ready to go to market.
White Oak Global Advisors has rebranded Capital Business Credit, a specialty finance firm it acquired in December, as White Oak Commercial Finance.