White Oak Commercial Finance, LLC (WOCF), an affiliate of White Oak Global Advisors, LLC, (White Oak) has closed a US$25m senior secured facility (Facility) to a leading cold weather apparel supplier, engaged in the production and distribution of snow pants, jackets, base layers, and accessories.
“Our in-depth understanding of the apparel space, combined with our ability to deliver flexible solutions, provided an ideal fit to support the continued growth of this seasonal business,” said Ethan Rosenblum, Senior Vice President of Originations at WOCF. “We are pleased to help the company continue to serve the traditional snow and outerwear segment of the market.”
“This strategic partnership underscores WOCF’s ability to develop tailored ABL solutions to support the success and operations of middle market businesses,” said Tom Otte, CEO of White Oak Commercial Finance.