White Oak Business Finance Provides $50 Million ABL to Digital Media & Advertising and marketing Business

NEW YORK–(Business enterprise WIRE)–Jan 19, 2021–

White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak International Advisors, LLC, introduced it presented a $50 million asset-centered credit facility to a main, U.S.-dependent electronic media & promoting enterprise to support its continuing development.

The transaction was structured towards the company’s accounts receivable, and the proceeds will be made use of to finance its advancement and capex investing whilst improving upon its liquidity and doing the job cash posture.

White Oak’s Running Director, David Montiel mentioned, “The company was searching for a lengthy-expression funding companion with flexible and scalable funding to capitalize on its options related to the upsurge in digital media usage. It was White Oak’s arms-on approach, certainty to near, and timely execution that assisted make sure the achievements of this transaction.”

White Oak is devoted to assisting businesses at every single organization phase make the most of their property with its deep suite of products, field knowledge, and ready capital essential to make investments in development.

White Oak Commercial Finance, LLC (WOCF) is a international economic goods and products and services organization furnishing credit history amenities to organizations across the financial state. WOCF’s alternatives include things like asset-primarily based lending, whole-service factoring, financial institution financing, invoice discounting, authorities contract funding, supply chain financing, inventory funding, US import/export funding, trade credit score chance administration, account receivables management and credit and collections guidance. The organization has offices and personnel all through the US, United kingdom, and Australia, including San Francisco, Charlotte, Washington D.C., Atlanta, Los Angeles, London, Glasgow, and Sydney. WOCF is an affiliate of White Oak World-wide Advisors, LLC and its institutional shoppers. Additional information can be identified at www.whiteoaksf.com/commercialfinance.

About White Oak Global Advisors
White Oak Worldwide Advisors, LLC is a primary world-wide different asset manager specializing in originating and providing financing options to facilitate the growth, refinancing and recapitalization of small and medium enterprises. Due to the fact its inception in 2007, White Oak Worldwide Advisors’ disciplined expense procedure focuses on offering hazard-modified financial investment returns and setting up extensive term partnerships with our debtors. For far more facts, go to www.whiteoaksf.com.

Look at supply version on businesswire.com:https://www.businesswire.com/news/property/20210119005029/en/

Get hold of: Jonathan Setiabrata

Trader Relations

[email protected]


Market Search term: Experienced Companies Internet marketing Advertising and marketing COMMUNICATIONS SOCIAL MEDIA FINANCE BANKING

Source: White Oak Commercial Finance, LLC

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PUB: 01/19/2021 08:00 AM/DISC: 01/19/2021 08:03 AM