Equify Financial Supports Oilfield Services Leader with $10.5 Million Financing

Fort Worth, TX – October 23, 2024 – Equify Financial is proud to announce the funding of a $10.5 million working capital loan for a long-standing customer, an innovative oilfield services provider specializing in logistics. This financing empowers the company to continue its strategic expansion, ensuring its ability to deliver best-in-class logistics solutions for energy operations.

?With the newly secured funding, the company successfully acquired a competitor, expanding its market share and service capabilities. This acquisition strengthens its position as a leader in oilfield logistics, enhancing its ability to provide world-class services that meet the specific needs of energy clients. By leveraging their relationship with Equify Financial, the company is well-equipped to confidently serve market demands.

?Pat Hoiby, CEO of Equify Financial, shared his thoughts on the long-standing relationship: "Our role is to understand our customers’ goals and provide the financial tools that empower them to succeed. This oilfield services company exemplifies operational excellence, and it’s been an honor to support them as they build on their success. We’re proud to play a part in their story and look forward to helping them reach new milestones in their journey."

?Known for its commitment to precision and operational excellence, the oilfield services company has built a reputation as a trusted logistics leader in the energy sector. At the heart of the company’s growth strategy is a relentless focus on delivering reliable, efficient services. Equify Financial is pleased to be their choice to serve as their financier, structuring flexible financial solutions that align with the company’s vision and ensure access to the capital required to scale their capabilities.

?About Equify Financial Equify Financial is a premier independent commercial lender offering tailored financial solutions across a broad range of industries. With deep expertise in asset-based lending, equipment financing, and working capital solutions, Equify partners with businesses to unlock growth potential through creative financing structures. Headquartered in Fort Worth, Texas, Equify’s experienced team brings unmatched industry knowledge to help clients thrive in competitive markets.

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For more information, please contact:

Jacqueline Curb Branding Manager Equify Financial Phone: 817-850-5362

Email: [email protected]???????????