Equify Financial funded a $10.5 million working capital loan for a long-standing customer, an innovative oilfield services provider specializing in logistics. This financing empowers the company to continue its strategic expansion, ensuring its ability to deliver best-in-class logistics solutions for energy operations.
 
With the newly secured funding, the company successfully acquired a competitor, expanding its market share and service capabilities. This acquisition strengthens its position as a leader in oilfield logistics, enhancing its ability to provide world-class services that meet the specific needs of energy clients. By leveraging their relationship with Equify Financial, the company is well-equipped to confidently serve market demands.
 
Pat Hoiby, CEO of Equify Financial, shared his thoughts on the long-standing relationship saying, "Our role is to understand our customers’ goals and provide the financial tools that empower them to succeed. This oilfield services company exemplifies operational excellence, and it’s been an honor to support them as they build on their success. We’re proud to play a part in their story and look forward to helping them reach new milestones in their journey."