Tag Archives: provider

White Oak Delivers $100 Million Term Loan Financing To Support IT Services Provider Acquisition

NEW YORK, March 28, 2022–(BUSINESS WIRE)–White Oak Global Advisors, LLC (“White Oak”), announced it arranged and closed a $100 million term loan to support the acquisition of a large US-based multi-channel IT services provider by a Canadian IT services platform. White Oak’s term loan alongside a $40 million asset-based credit facility provided the platform business… Read More »

Loan provider Clix Capital digitizes collections business with Vymo for improved customer engagement

Frontline agents can plan and optimize their engagement with agency partners as per priority; Collection cases can be dynamically allocated to managers and agency owners based on business rules to ensure maximum efficiency; Managers have ready reports and insights on collections performance and case closures. Commenting on the partnership, Vishal Jain, Chief Collections Officer –… Read More »

Student loan provider Navient agrees $1.85bn settlement with US states

Navient, one of the largest private student loan providers in the US, has reached a $1.85bn settlement with dozens of states that accused the company of “deceptively trapping” thousands of borrowers in costly repayment plans. The settlement was a blow to one of the best-known student loan providers in the US, which authorities had accused… Read More »