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Spark-Binder Capital Provides $12MM Credit Facility for Company in Midstream Energy Sector

July 21, 2023, 08:05 AM
Filed Under: Energy Services

Spark-Binder Capital closed a $12 million credit facility for a company in the midstream energy sector. The company provides turnkey design and fabrication of measurement systems along with an array of additional high-quality systems for various applications. The funds will be used to replace its current credit facility and provide ongoing working capital for growth.
"Utilizing decades of experience in the capital markets, and underwriting capabilities, a capital provider was quickly identified saving the company wasted efforts and a deal closed in a timely manner. It’s our rifle shot approach in action," stated Milton Iskra, Managing Partner.

Spark-Binder Capital is an investment bank located in Dallas.

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