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0 0.0369068541300527 0.0369068541300527 0.0369068541300527 0.0246045694200351 0.00351493848857637 0.0105448154657293 0.0105448154657293
Stock impact report

White Oak Commercial Finance Provides a Combined $37 Million Across Two New Financings [Yahoo! Finance]

Lulu's Fashion Lounge Holdings, Inc. (LVLU) 
Company Research Source: Yahoo! Finance
announced it has provided a combined $37 million in new financing commitments for two companies within the retail and energy industries: an omnichannel retailer of work-related clothing, merchandise and accessories, and a leading electric provider for commercial and industrial customers in the Northeast US. WOCF closed the $25 million ABL revolving credit facility for the omnichannel retailer, which will be primarily utilized to repay the company's existing debt and to support the sponsor equity-financed acquisition of an LA-based regional shoe store chain specializing in work-related footwear, clothing and accessories. The financing provides the company with increased liquidity and flexibility to integrate and expand operations and strengthen its e-commerce and B2B channels. WOCF also closed a $12 million factoring facility for a commercial and industrial electric provider serving customers across the Northeast. The facility will be used to support the company and its subsidiarie Show less Read more
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