AP NEWS

White Oak Commercial Finance Hires New Talent to Meet Growing Client Demand

October 30, 2018

-- Robert Dean joins team as Managing Director of Risk Management

NEW YORK, Oct. 30, 2018 (GLOBE NEWSWIRE) -- White Oak Commercial Finance, a division of White Oak Global Advisors, today announced the appointment of Robert Dean to Managing Director of Risk Management for ABL and Factoring. Mr. Dean joins from Wells Fargo Capital Finance, where he served as Senior Vice President and Regional Sales Manager responsible for sourcing and structuring asset-based financing for middle-market companies with credit needs ranging from $5 million to $40 million.

“Bob brings both decades of experience in asset-based lending capabilities in the commercial finance sector as well as deep relationships across the Southeast, and we are pleased to have him on-board,” said Robert Grbic, CEO and President of White Oak Commercial Finance. “We continue to add top tier talent to White Oak’s ABL team as client demand for our financing solutions continues to grow, and I’m looking forward to Bob’s contributions.”

Mr. Dean’s appointment comes alongside the promotions of Mignon Winston to Head of Underwriting in New York, and David Montiel to Head of ABL Originations in North Carolina.

“I am excited to join with the expert team at White Oak, which as a non-bank lender specializes in delivering a broad range of lending products, including growth capital, turnaround plans, and dividend recaps,” Mr. Dean said.

Mr. Dean is a 38-year industry veteran having spent more than 20 years with Wells Fargo. Prior to that, Mr. Dean held positions at The Bank of New York and other New York metropolitan banks. He has been an active member of the Commercial Finance Association, the Association for Corporate Growth and the Turnaround Management Association (TMA), having served six years on the TMA Carolinas board of directors. Mr. Dean received his Bachelor of Science in Accounting from Susquehanna University. He will be based in Charlotte, North Carolina.

ABOUT WHITE OAK COMMERCIAL FINANCE, LLC

White Oak Commercial Finance, LLC is a global financial products and services company providing credit facilities to middle market companies between $1- $40 million. WOCF’s solutions include asset-based lending, full-service factoring, invoice discounting, supply chain financing, inventory financing, U.S. import/export financing, trade credit risk management, account receivables management and credit and collections support. WOCF is an affiliate of White Oak Global Advisors, LLC, and its institutional clients. More information can be found at www.whiteoaksf.com.

ABOUT WHITE OAK GLOBAL ADVISORS, LLC

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, LLC’s disciplined investment process aims to deliver risk-adjusted investment returns for our investors while establishing long term partnerships with our borrowers. More information can be found at www.whiteoaksf.com.

MEDIA CONTACT

Jonathan SetiabrataInvestor Relations jsetiabrata@whiteoaksf.com

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