Funded an oil & gas company based in DFW.
With capital tied up in assets and an increasing demand for logistic services, this client needed to access to cash for equipment purchase to support demand.
After partnership with Equify, we were able to offer this client an equipment revolver to allow them the ability to purchase 2 more trucks before truck inventory was limited. We were also able to help this client get approval for the purchase of additional trailers to support rising demand for transportation. Today, the client is experiencing increased demand and looking to add even more additional equipment by year end.