White Oak Commercial Finance increased funding on its $75 million asset-based credit facility with Hunt & Sons by $6 million. Hunt & Sons, which is a third-generation, family-owned petroleum products distributor, used the funding to support regional acquisitions.
Founded in 1946 and headquartered in Sacramento, CA, Hunt & Sons specializes in commercial fleet fueling services, bulk fuel supply and lubricant solutions for industrial, commercial and agricultural use.
“We are proud of our close partnership with Hunt & Sons, and we are excited by the company’s continued growth and our ability to fund its strategic acquisitions,” Clark D. Griffith, managing director of ABL for White Oak, said.
White Oak Commercial Finance is a global financial products and services company providing asset-based lending, full-service factoring, invoice discounting, government contract financing, supply chain financing, inventory financing, U.S. import/export financing, trade credit risk management, account receivables management and credit and collections support.
