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Big Shoulders Capital Funds $1.6MM Term Loan

June 07, 2018, 07:00 AM
Filed Under: Energy Services

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 with their growing business.

The company had an existing loan with Big Shoulders Capital and requested an increase to its term loan facility. With the help of Big Shoulders Capital, the Company was able to successfully purchase the additional trucks and trailers. Big Shoulders was able to move faster than any other lender, thus allowing the Company to expand their business effortlessly. Big Shoulders Capital is actively seeking similar middle-market opportunities to support businesses moving forward through distressed debt acquisitions, loans and equity investments.

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