White Oak Commercial Finance, an affiliate of White Oak Global Advisors, provided a $5 million factoring facility to a Texas-based government contractor specializing in providing support services to the U.S. government and subcontractors.
The transaction was structured against the company’s receivables to fuel its growth and secure new government contracts of increasing size and complexity.
“White Oak was able to deliver a flexible and scalable financing solution that will help the company expand and take on new and larger contracts with confidence,” Robert Mocerino, managing director at White Oak, said. “We are proud to support this deserving business at such an important stage of its growth.”
