Equify Financial has funded a $5 million diminishing revolver for a Colorado-based technology company specializing in patented frac-sand storage and handling systems. The facility supports working-capital needs and reimbursement of recently constructed units. The transaction is secured by all seven systems and structured on a 48-month amortization with fixed monthly principal and interest, supported by a blanket first-position lien.
Frac-sand logistics remains a mission-critical component of U.S. shale development. Operators continue adopting containerized systems that reduce trucking miles, increase sand-per-load, and improve on-site safety. The borrower’s systems—built from redesigned agricultural handling components—reduce forklift moves, cut box requirements by ~60%, and improve sand logistics efficiency.
DEAL STRUCTURE
- Facility Type: Diminishing revolver
- Amount: $5,000,000
- Term: 48 months
- Collateral: Seven sand-handling systems
“Our team has a deep understanding of sand-logistics equipment and the capital requirements tied to this segment of oilfield operations. This transaction reflects Equify’s continued discipline in underwriting specialized collateral while supporting operators driving meaningful innovation in the supply chain,” said Pat Hoiby, CEO of Equify Financial
This deal contributes to Equify’s expanding portfolio within energy-adjacent equipment and logistics assets. Demand for efficient sand-handling solutions continues to climb, and equipment with strong utilization remains a core component of Equify’s origination strategy.