Capital Now Provides $200K Credit Facility to Oil and Gas Welding and Fabrication Company in Leduc, Alberta
Capital Now has extended a $200,000 credit facility to a welding and fabrication company serving the oil and gas industry in Leduc, Alberta.
Client Type: Oil and gas welding and fabrication services
Situation: Fell behind on invoicing due to summer fieldwork, leading to cash flow challenges despite ongoing expenses like bills, rent, and payroll
Our Role: Provided immediate financing to bridge the cash flow gap
We finance a variety of industries and client types, including:
Oilfield services
Manufacturing
Transportation
Construction