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Loeb Term Solutions Provides Loan on $8.25MM+ of Equipment to Oilfield Service Co.

November 21, 2016, 06:46 AM

Loeb Term Solutions recently provided an equipment term loan to a Texas-based contract packaging facility specializing in fluid management for oil and gas well drilling, production and servicing.

The client was in need of additional working capital in order to restructure their debt and expand their operations. Loeb Term Solutions provided a term loan on the equipment valued at over $8.25 Million.

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