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White Oak Commercial Finance Bolsters its ABL & Lender Finance Team with Three Senior BDO Hires

January 8, 2021 GMT

NEW YORK--(BUSINESS WIRE)--Jan 8, 2021--

White Oak Commercial Finance (“White Oak”) is pleased to announce the addition of three senior business development officers to its ABL and Lender Finance platform. Garrick Tan, Fridolf Hanson and Bill Kearney will join five members of the existing Originations team and will focus on sourcing transactions with committed capital needs ranging from $15 to $250 million.

Garrick Tan joins the team as a Managing Director and Business Development Officer based in Boston with coverage responsibilities for the New England region. He will be responsible for referral source coverage and will lead White Oak’s national direct calling efforts. Mr. Tan has 20 years of commercial banking experience with in-depth knowledge of corporate finance, capital markets and asset-based lending. Prior to White Oak, he worked at Wells Fargo Capital Finance as the Eastern Region Manager.

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Fridolf Hanson will serve as a Managing Director and Business Development officer for the Northeast Region and will be based in New York. Mr. Hanson has over 20 years of experience in originations and senior-debt transactions and recently served as a Managing Director at OceanArc Capital Partners. In addition, Mr. Hanson held senior positions at Ares Management, LBC Credit Partners, Royal Bank of Scotland, Wells Fargo and GE Capital.

Bill Kearney will join White Oak as a Managing Director and Business Development Officer. He will be responsible for originating transactions throughout the Southeast region and will direct the firm’s newly established national retail strategy. Mr. Kearney brings thirty-plus years of experience with expertise in asset-based and cash flow lending. He was most recently a founding member of Encina Business Credit where he served as a Senior Managing Director. Prior to joining Encina, Mr. Kearney held positions at CIT Group, Wachovia, Deutsche Financial and Bank Boston where he originated both senior and junior capital opportunities.

White Oak Commercial Finance Vice Chairman, Andy McGhee stated, “We are thrilled to add this accomplished trio of professionals to our talented team, which will enable us to build upon last year’s success. We have recently added depth to the Underwriting team and are positioned to further scale our ABL and Lender Finance platforms in 2021. We are confident that these additions will enhance our ability to drive a broad range of creative capital solutions to our clients and referral sources.”

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ABOUT WHITE OAK COMMERCIAL FINANCE, LLC
White Oak Commercial Finance, LLC (WOCF) is a global financial products and services company providing credit facilities to companies across the economy. WOCF’s solutions include asset-based lending, full-service factoring, invoice discounting, government contract financing, supply chain financing, inventory financing, US import/export financing, trade credit risk management, account receivables management and credit and collections support. The firm has offices and personnel throughout the US, UK, and Australia, including San Francisco, Charlotte, Washington D.C., Atlanta, Los Angeles, London, Glasgow, and Sydney. WOCF is an affiliate of White Oak Global Advisors, LLC and its institutional clients. More information can be found at www.whiteoaksf.com/commercialfinance.

About White Oak Global Advisors
White Oak Global Advisors, LLC is a leading global alternative asset manager specializing in originating and providing financing solutions to facilitate the growth, refinancing and recapitalization of small and medium enterprises. Since its inception in 2007, White Oak Global Advisors’www.whiteoaksf.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210108005030/en/

CONTACT: Jonathan Setiabrata

Investor Relations

jsetiabrata@whiteoaksf.com

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: White Oak Commercial Finance

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PUB: 01/08/2021 08:00 AM/DISC: 01/08/2021 08:00 AM

http://www.businesswire.com/news/home/20210108005030/en