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Marquette Business Credit Provides $9MM Facility to Loadcraft Industries

March 06, 2013, 07:52 AM
Filed Under: Energy

Marquette Business Credit provided a credit facility to Loadcraft Industries, which includes a $6 million revolving line of credit and a $3 million equipment term loan. Loadcraft is a leading manufacturer of oilfield related equipment that provides its products and services to some of the largest and most sophisticated oil and gas companies around the globe.

“The professional lenders at Marquette were able to propose and sponsor a loan structure, built around the strengths of our balance sheet that fit our immediate financing needs, as well as our plans for growth.”  Terry McIver, CEO Loadcraft Industries, Ltd.

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