White Oak Commercial Finance provided a $5 million Receivables Financing Facility to a software and program management services firm that provides renewable energy-related solutions to public and private utilities providers.

The transaction was structured as a recourse factoring facility and will be used to support the company’s continued growth as the demand for its renewable energy connectivity platform and services continues to rise.

White Oak remains dedicated to helping ESG companies at every business stage make the most of their assets with flexible and scalable financing, and it provides its clients with industry expertise, a deep suite of products and ready capital they need to invest in growth.