White Oak Global Advisors, on behalf of its institutional clients, has partnered with C2FO to offer new receivable financing options to C2FO’s extensive network of businesses throughout the US.
Established in 2008, C2FO is an industry leader in true dynamic discounting for businesses around the world. The C2FO “Name your rate” model lets businesses improve cash flow by offering their customers a discount they determine in exchange for early payment of invoices.
With the White Oak partnership, C2FO can provide businesses access to additional funding options when early payment is not available from out-of-network customers. In addition to this new partnership with White Oak, C2FO also provides the ability for in-network companies to toggle between using their own cash and/or third-party cash to fund early payment to their supplier partners.
“C2FO combines best-in-class working capital marketplace technology with a global business network,” says White Oak CEO, Andre Hakkak. “We are excited to partner with them. Through this joint opportunity, more businesses will have access to additional working capital financing options, while investors will be provided with attractive risk-adjusted returns.”
“C2FO is a network where any business can access the lowest cost and most convenient source of working capital in one place,” says C2FO Founder and CEO Sandy Kemper. “Our unique model is now more disruptive with the addition of White Oak, our first institutional funding partner.”
