White Oak Provides $20MM Factoring Facility to Luxury Distributor
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 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.
Gerard M. Hanabergh has joined White Oak Commercial Finance as managing director of Risk for Asset-Based Lending.
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.