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White Oak CF Delivers $7.5MM A/R Facility to Peruvian Apparel Manufacturer, Exporter

July 07, 2021, 07:55 AM
Filed Under: Apparel

White Oak Commercial Finance provided a $7.5 million accounts receivable facility to a Peruvian manufacturer and exporter of sustainable, premium apparel products to the United States.

The transaction was structured with advances against the company’s accounts receivable and the proceeds will be used to support the company’s continued growth.

“The company relied on our experience helping innovative businesses in Central and South America export to the United States,” said White Oak’s Executive Vice President Martin Efron. “My first language is Spanish, and our team’s ability to communicate clearly with the company played an important role in establishing trust throughout the process.”

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