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Newfound Capital Corp provides financing on New and Used oil and gas equipment. From salt water contamination to abandoned equipment, these operations are not always easy on the land. Long-term sale and lease-back of plant or producing facilities offers another method for the oil producer to acquire additional funds for development work. Mining for coal close to residential cities.
Oil And Gas Equipment Leading Cause
We know that in the oil and gas industry you have to take decisions quickly to meet the challenges. An Oil services client in Colorado needed $5, 000, 000 to purchase six used work-over rigs at auction for a great price and required us to provide financing for them. Trust Capital makes leasing. Oil and gas equipment is often prohibitively expensive. Finance corporate jets or turboprops. Client care is our number one priority, which is why we have a high return and referral rate. Banks will traditionally NOT fund used equipment. CG Commercial Finance (CGCF) announced it has completed a lease transaction totaling $25, 000, 000 comprised of three Frac-Pump Spreads providing additional liquidity for the Lessee, a large Texas-based oilfield services provider. No debt on owners personal credit reports. If you are a local, regional, national or international oil producer, production facility, refinery or on the transport side of the business. The leasing of land for oil produce in a residential or agricultural area is bad. Spill cleanups and soil remediation. Machine shop equipment. Seismograph vehicles.
In this oil lease, the lessee is granted a working interest while the lessors receive royalty payments in exchange for oil and gas leases. Plus support products such as drill bits and fluids have to be replaced daily, adding to the overall expense. What does paid up oil and gas lease mean? At BENEK, our aim is to make the oil and gas equipment leasing process simple for business owners, so they have the right equipment available when they need it. Call us for a free consultation. • Oil Country Tubulars. • Acidizing Equipment.
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Reasons you may need FiNancing. A well-drafted lease with adequate legal protections and legal terms can benefit a landowner for many years to come, but a poorly negotiated lease can cause the landowner indefinite headaches and legal problems. Depleted gas reserves are used to store gas. You don't have to worry about that when you lease oil and gas equipment from Equipment Leases. The company is now well-positioned to... May 20, 2014, 06:45 AM. Secondly, since equipment leasing extends virtually 100 per cent financing to both, the small independent has the use of needed equipment without the over-extension of bank credit or the possible dilution of equity which can occur when outside financing is required. We provide oil and gas equipment financing solutions for upstream, midstream or downstream oil and gas business owners and operators turned away from traditional bank lending options, but need oil and gas equipment leasing or oil and gas equipment loans. This all points to the oil and gas industry losing its market share as people are moving towards the renewable energy direction. • Trucks & Trailers. Purchasing of equipment.
Deferred payment options and terms up to seven years. A good oil and gas equipment financing company will have a fast loan application process. The use of wheeled or tracked equipment in forests and fields to collect geologic information, the use of explosive charges underground to create sound waves that are used to record seismic data, the construction of drilling rigs, the grading of land for drilling pads and access roads, the storage of equipment, and parking or worksite activities for personnel are some examples of surface exploration. Step 4: We will contact you with 48 hours to discuss your application and or give you a quote on your equipment. There are many other types of equipment in the oil and gas industry that can be leased. With the right equipment you can, at the very least, manage and optimize those outcomes. Transactions: $250, 000 – $1 million. We have experienced representatives on staff to answer your questions and safely guide you through the complete process. When a well or gas pocket stops producing, it is possible to terminate a lease and ask the production company to remove equipment and remediate the site. Whether your equipment financing needs include "foodie" trailers or 80, 000 lb. Oil and gas companies around the world have the best equipment in place so that they can supply high quality output on time for customers. We will take care of your financial burden, thus fully focusing on running the company and making sure that it is successful. Finance for Oil and Gas Industry.
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Oil and gas processing can be a lucrative business with the right equipment. Phone/Intercom Systems. They will provide the loan quickly so that you have necessary funds to meet your requirements. A top lease in oil and gas is a lease where the bonus consideration is paid at the time of signing the lease. Proceeds from the loan... May 23, 2017, 07:08 AM.
A Trusted Name – Equipment Leases has a portfolio that's worth more than $1. Be it you are entering the energy industry, or you are already a company that trades in this industry, there are numerous reasons why you may need funding; these reasons may include. Your lease entitles you to protections such as: - Continuous economical production. The funds will be used to refinance existing equipment and to support the acquisition of the... June 11, 2015, 07:00 AM. • Power Swivels & Masts. We could expedite the lease approval process and provided a 60 term Capital Lease structure and a great rate. If your company is seeking a flexible non-bank alternative to finance your new or used oil or gas related equipment and machinery, we will work with you to help structure a competitive financial solution. Get Legal Help Today. As the world's population steadily grows, energy consumption directly correlates. • Exploration Equipment. Every leasing company is different and each has a different appetite for types of equipment or software to be financed. Tiger Capital Group and Liquidity Services announced the launch of a partnership geared toward helping insolvency and turnaround professionals ramp up their services to the turbulent oil and gas market, as well as directly assist companies seeking to... February 17, 2016, 07:10 AM. United Leasing & Finance will facilitate the leasing process and get your company the equipment required. We create a plan that is tailored to your specific requirements.
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• Pumping Equipment. Machine breakdowns are unexpected and cannot be planned for, and they can cause your operations to come to a halt. On top of that, we will provide the financial backup required to thrive in this industry. The appraisal or book value compared to the auction price worked out, and we got the deal funded. • Well Control Equipment. We make it our job to learn about your business and how it works from the ground up. They know that cutting edge technology can transform your business and assist you by providing funds to procure them. Start Up Oil Equipment Financing. If your company needs to expand its operations or venture into the oil and gas industry, you don't have the financial resources. Our knowledgeable finance experts are here to assist you in obtaining a start up financing loan. The contents are boiled to a set temperature and separated into different liquids and gases in a distillation column stored separately.
Transactions: $50, 000 – $250, 000. You can use our loans to service your machines. We will ensure that you get the best deals at a reasonable price and that you won't have to go through the stress of payment as we got you. Fracking the bedrock of a community river for oil and gas. How many leases are not used?