Capital Now Provides $400K Credit Facility to an Oil and Gas Equipment Provider in North-Eastern British Columbia
Our client is a provider of oil pipeline equipment
They were referred to us by another of our fantastic clients
Working in oilfield services, their payment terms are exceedingly lengthy
By providing equipment for other oilfield companies, they are often waiting twice as long to get paid as those they provide for
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 providing equipment on a consistent basis, without being trapped between a cashflow rock and a financial hard place
Capital Now is here for every business, because every business needs capital now.