• Powell Slaughter

Skipper joins White Oak as VP of underwriting

NEW YORK – Cindy Skipper has joined White Oak Commercial Finance as vice president of underwriting.

She will work in the Charlotte, N.C., office of WOCF, an affiliate of White Oak Global Advisors, where she will head the furniture credit department. That office focuses on factoring, trade finance and asset-based lending solutions for the furniture sector.

Before joining WOCF, Skipper managed the credit portfolios of companies operating within the furniture, apparel, carpet and textile industries. She held vice president roles in the credit departments of Wells Fargo, SunTrust Bank and GE Capital.

“We are confident in Cindy’s ability to make informed, high-impact credit decisions to support our clients,” said Robert Grbic, president and CEO of WOCF. “In addition, she is an exceptional leader who will add tremendous value to our team as we continue to expand our furniture portfolio.” 

“WOCF holds more than three decades of experience in financing the furniture manufacturers, wholesalers and importers that sell to the country’s leading retailers,” said Skipper. “WOCF’s diverse product set, commitment to providing creative and fast financing solutions and superior management team made for a very attractive combination.”

Skipper earned her Bachelor of Science in Business from Gardner Webb University. She holds a Six Sigma Green Belt certification. In addition, she holds certifications from Dun & Bradstreet and Moody’s Financial Analytics.

White Oak Commercial Finance, formerly Capital Business Credit, was acquired by White Oak Global Advisors in late 2016. Today White Oak Commercial Finance has more than $300 million of assets deployed with office locations in New York, Charlotte, Chicago, Fort Lauderdale, Los Angeles, Hong Kong and Shanghai.

Powell SlaughterPowell Slaughter | Senior Editor
PSlaughter@furnituretoday.com

I'm Powell Slaughter, senior editor at Furniture/Today. I returned to the publication in January 2015 after nine years of writing about furniture retail strategies and best practices at a monthly magazine focusing on home furnishings retail operations. Prior to that, I spent 10 years with F/T covering wood furniture, the last five of those as case goods editor. While I cover occasional, home entertainment and home office here, a major responsibility is expanding our attention to the logistics side of the industry. I hope my articles will encourage a dialogue with retailers, vendors, third-party logistics specialists and carriers. I’d love to hear your ideas, concerns and suggestions for smoother flow of material and goods.

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