Satellite Providers

News

Version linguistique:

White Oak Provides Million Factoring Facility to Expand Affordable Connectivity Program

White Oak Commercial Finance, LLC (White Oak), an affiliate of White Oak Global Advisors, LLC (WOGA), has announced that it has provided a million factoring facility to a leading telecommunications company. This facility will enable the company to continue its growth while supplying tablets and data to qualified consumers under the Affordable Connectivity Program (ACP).

The ACP is a long-term program with a budget of billion aimed at providing internet connectivity to disenfranchised communities. It focuses on delivering affordable, reliable, high-speed broadband connections across the country. So far, the program has benefited 17 million households.

White Oak’s expertise in government-supported businesses played a crucial role in quickly and effectively engaging with the management team of the telecommunications company. By understanding the company’s needs, White Oak was able to offer a financial solution that supports its robust growth and mission to improve access to high-speed internet under the ACP.

This recent factoring facility is a testament to White Oak’s growing momentum and increased activity. In the past ten weeks alone, White Oak and other WOGA affiliates have committed a total of 0 million in capital.

White Oak Global Advisors, LLC (WOGA) is a leading alternative debt manager that specializes in originating and providing financing solutions to support small and middle-market enterprises. WOGA and its financing affiliates offer a wide range of lending products, including term loans, asset-based loans, and equipment loans. Since its establishment in 2007, WOGA and its affiliates have deployed over billion across various product lines.

White Oak Commercial Finance, LLC, as an affiliate of WOGA, provides financial solutions such as asset-based lending, full-service factoring, invoice discounting, and government contract financing, among others. With offices and personnel in the US, UK, and Australia, White Oak is well-positioned to serve businesses globally.

For more information, please visit www.whiteoaksf.com/commercialfinance.

The post White Oak Provides Million Factoring Facility to Expand Affordable Connectivity Program appeared first on ISP Today.

Rusper | Baoshutang | Zozohn | Modi | Yefimovskoye | Ciénega de Yepachi | Marofinaritra | Bade | Sahib Jan | Ummarapondi | Borovukha Tret’ya | Shirley | Ennami | Garang