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GCBC PROVIDES A $500M WORKING CAPITAL FACILITY TO TEXAS BASED OILFIELD SERVICE COMPANY

GCBC PROVIDES A $500M WORKING CAPITAL FACILITY TO TEXAS BASED OILFIELD SERVICE COMPANY

Gulf Coast Business Credit (GCBC) recently provided a $500M working capital facility to an oilfield services company headquartered in Texas.

The company has been in the oilfield service industry for over 25 years placing a high priority on safety and training. Specializing in hydraulic fracturing, the company offers services ranging from Frac pumpdown pumps, grease packages, pressure washers, vacuum trucks, test pumps to stack lifts.

With production offices located in Colorado, Georgia, Tennessee, Texas, and Louisiana, GCBC is recognized as a leading provider of working capital finance throughout the United States. Specializing in accounts receivable for the oil & gas sector, GCBC understands the unique challenges this industry faces. To view other recent deals, visit www.gulfcoastbc.com/news.

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