Amerisource Business Capital announced the closing and funding of a $2,000,000 credit facility for a recently acquired oilfield services and heavy-haul trucking company based in Texas. Proceeds of the facility were used to leverage the new private...
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September 21, 2018, 08:00 AM
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Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for an oilfield tools and equipment Company in Texas. Proceeds of the facility were used to support business growth.Allison Billings, Market Manager for...
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June 22, 2018, 07:00 AM
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Big Shoulders Capital funded a $1.6 million term loan for a New Mexico based trucking company that transports crude oil products. Due to increased oil prices and activity in the Permian, the company wanted to acquire additional equipment to keep up...
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June 07, 2018, 07:00 AM
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TradeCap Partners recently closed a $500,000 purchase order funding facility for a Massachusetts distributor of cenospheres used in a variety of applications ranging from the oil and gas to consumer products industries. While the company was...
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June 05, 2018, 08:00 AM
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CapX Partners added to its previous Fund IV investment in Adler Hot Oil Service, LLC (Adler) by providing a senior secured term loan and lease line of credit totaling $2.75 million to the company. This is the second round of financing provided to...
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March 02, 2018, 08:00 AM
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Amerisource Business Capital announced the closing and funding of a $1,000,000 asset based revolver for a Texas-based pipeline service and repair firm. The company was introduced to Amerisource by its banker.
Proceeds from the facility were used...
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February 20, 2018, 08:00 AM
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Sallyport Commercial Finance provided a $10,000,000 AR Bulk ABL Facility to a provider of market leading technology in the oilfield industry.The company was seeking traditional bank financing, but when declined under time sensitive circumstances...
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February 12, 2018, 08:00 AM
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TAB Bank announced it has provided a $4 million revolving credit facility for a petroleum wholesale company located in New Mexico. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital...
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November 10, 2017, 08:01 AM
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Siena Lending Group LLC announced the completion of a three-year $10.0 million asset based revolving credit facility for Integrity Delaware, LLC dba Integrity Industries (Integrity) to provide additional working capital for the business as they ramp...
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August 16, 2017, 07:00 AM
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Big Shoulders Capital, an asset-based lender, provided a $1 million senior secured term loan to fund the acquisition of a crude oil transportation company.
By working closely with the company, Big Shoulders was able to close and fund the transaction...
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July 06, 2017, 07:01 AM
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