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News Stories (10 Results) - Oil Services

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... view press release
September 21, 2018, 08:00 AM

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... view press release
June 22, 2018, 07:00 AM

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... view press release
June 07, 2018, 07:00 AM

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... view press release
June 05, 2018, 08:00 AM

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... view press release
March 02, 2018, 08:00 AM

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... view press release
February 20, 2018, 08:00 AM

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... view press release
February 12, 2018, 08:00 AM

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... view press release
November 10, 2017, 08:01 AM

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... view press release
August 16, 2017, 07:00 AM

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... view press release
July 06, 2017, 07:01 AM