White Oak Commercial Finance | November 19, 2021
White Oak Commercial Finance, LLC , an affiliate of White Oak Global Advisors, LLC, announced it provided a $5 million factoring facility to a Texas-based government contractor specializing in providing support services to the U.S. Government and subcontractors.
The transaction was structured against the company’s receivables to fuel its rapid growth and secure new government contracts of increasing size and complexity.
“White Oak was able to deliver a flexible and scalable financing solution that will help the company expand and take on new and larger contracts with confidence. We are proud to support this deserving business at such an important stage of its growth.”
White Oak Managing Director, Robert Mocerino
White Oak is dedicated to helping government contractors make the most of their assets with its federal, state, and local contracting know-how, hands-on consulting, and ready capital up to $250 million.
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, lender financing, invoice discounting, government contract financing, supply chain financing, inventory financing, U.S. import/export financing, trade credit risk management, account receivables management and credit and collections support. The firm has offices and personnel throughout the U.S., UK, and Australia, including New York, 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.
ABOUT WHITE OAK GLOBAL ADVISORS
White Oak Global Advisors, LLC (WOGA) is a leading alternative debt manager specializing in originating and providing financing solutions to facilitate the growth, refinancing and recapitalization of small and medium enterprises. Together with its financing affiliates, WOGA provides over twenty lending products to the market, including term, asset-based, and equipment loans, to all sectors of the economy. Since its inception in 2007, WOGA and its affiliates have deployed over $10 billion across its product lines, utilizing a disciplined investment process that focuses on delivering risk-adjusted investment returns to investors while establishing long term partnerships with our borrowers.
CGI | February 11, 2021
CGI (NYSE: GIB) (TSX: GIB.A) reported the dispatch of the CGI OnCue360 answer for the State of Michigan, where the stage will be utilized to guarantee administrative consistence with CARES Act pandemic help subsidizing and track data about award spending for neighborhood and provincial program directors state-wide.
"This new tool from CGI puts us in a strong position to help us meet federal reporting requirements and make sure we are doing our part to track the necessary data," said Ruth Schwartz, Director of the SIGMA office in Michigan. "The OnCue360 tool was implemented within our current platform and provides us with another helpful mechanism for living up to the CARES Act regulations."
"We are proud to work alongside our Michigan partners to help ensure compliance with new federal mandates designed to protect the integrity of CARES Act funds," said Stephen Arrants, Vice-President, CGI. "CGI OnCue360 is a powerful tool in the hands of municipal, county and state program managers who are required to serve as responsible stewards of these vital public resources."
Cloud-based CGI OnCue360 is a portable administrative authorization and information assortment arrangement that permits cell phones, tablets and work stations to catch and report data from the field progressively. It gives the capacity to record and track information, electronic marks and advanced photos, and incorporates a vigorous web interface to plan and oversee arrangements. Data gathered by Michigan officials will help guarantee consistence with ongoing CARES Act guidelines gave by the U.S. Division of the Treasury.
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 76,000 consultants and other professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2020 reported revenue is C$12.16 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB).
McAfee | August 24, 2020
McAfee, the device-to-cloud cybersecurity company, today announced that McAfee MVISION for Endpoint has achieved Federal Risk and Authorization Management Program (FedRAMP) Authorization designation at the moderate security impact level. This FedRAMP Moderate designation is equivalent to DoD Impact Level 2 (IL2) and certifies that the McAfee solution has passed rigorous security requirements for the increasingly complex and expanding cloud environments of the U.S. government.