CapFlow Funding Provides $1.5MM in Funding to Oil and Drilling Rig Specialist

CapFlow Funding Group provided $1.5 million in funding to a Texas-based oil and drilling rig specialist.

The company’s previous provider began to limit its exposure in the oil industry, preventing the company from leveraging the capital tied up in its accounts receivable. CapFlow Funding leveraged $1.5 million in unrealized assets, providing the company with the working capital it required.