Capital Now provides $1MM Credit Facility to an Oil and Gas Producer in Calgary, Alberta
February 25, 2025 - Capital Now provides $1MM Credit Facility to an Oil and Gas Producer in Calgary, Alberta
Our client is a producer of oil & gas
They were referred to us by one of our fantastic referral partners
Working in the oilfield, their payment terms are exceedingly lengthy
By producing on behalf of other oil & gas companies, their only option was to wait and hope to maintain production
Lucky for them, Capital Now is used to dealing with oil companies all along the chain of production, plus we had already worked with their customers before
This client now can now continue the flow of production, cover their taxes, and finance their equipment with ease
Capital Now is here for every business, because every business needs capital now.