White Oak Commercial Finance’s government contracting finance group provided an additional $4 million in factor-based credit facility funding to a Washington D.C.-based, minority-owned telecommunication contracting firm. White Oak’s partnership with the company began in 2003. The company used the additional funding to support growth.
“We are proud to have such a trusted and long-standing partnership with the company, as well as the ability to successfully fund them through each business phase,” Kysha Pierre-Louis, head of government contracting finance for White Oak, said.
The increased funding brings the total credit facility to $6 million and enabled the company to procure and service large-scale projects with a provider of shared communications infrastructure in the United States.
White Oak Commercial Finance is a global financial products and services company providing credit facilities to companies across the economy.
