The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
White Oak Provides $5MM Receivables Financing Facility to Telecom Services Company
Monday, November 30, 2020
Lenders/Participants
|
White Oak Commercial Finance [Factor]
|
Structure
|
Recourse Factoring Facility
|
Amount
|
$5.000
Million
|
Borrower(s)
|
Undisclosed
|
Description
|
The transaction was structured as a recourse factoring facility secured by the company and its three subsidiaries’ accounts receivable. The funding supports the four entities’ continued growth and their ongoing working capital.
|
Industry
|
Telecom
|
Related Tags |
Factoring Facility, White Oak Commercial Finance
|
ABL Advisor
Deal Tables
2024
|
|
|
|