Which counties are included?

Andrews, Borden, Crane, Crockett, Dawson, Ector, Gaines, Glasscock, Howard, Loving, Martin, Midland, Mitchell, Pecos, Reagan, Reeves, Upton, Ward and Winkler.

Can I finance oilfield equipment?

You can apply for a defined purchase. Have a quote ready and describe the work behind it.

Is a term loan or working capital better?

A term loan fits a specific purchase; working capital fits recurring gaps like waiting on operator payments.

Do you promise funding for trucking?

No. We describe the cash-flow reality only.

Term Loans in the Permian Basin

A purchase that depends on the next contract

The Permian Basin is described as the highest-producing oil field in the United States, averaging 4.2 million barrels of crude oil per day in 2019, across West Texas and far southeastern New Mexico. This page covers nineteen Texas counties, among them Midland, Ector, Howard, Reeves, Pecos and Winkler.

For a service company, equipment purchases are not abstract. A pump truck, a trailer, a welding rig or a water-hauling unit has a price tag and a utilization rate, and the rate depends on the work operators award. Buying capacity without a contract behind it is a bet on the cycle.

Before you buy: the utilization question

How many weeks a year did the old unit actually work?
Is there a signed master service agreement or recurring work behind the new one?
What does the operator's payment timing do to your cash, even when work is steady?
If activity slows for a quarter, can the business still carry the payment?
Is there a second market for the equipment, such as a different customer type, if the first slows?

Operators in the Permian have lived through cycles. The ones that last are usually the ones that sized purchases for a normal year.

Where a lump sum is the right tool

Need	Fit	Why
Truck, trailer or rig replacement	Term loan	A defined price and working life
Yard or shop build-out	Term loan	One-time project
Payroll before the operator pays	Working capital	A recurring float, not a purchase
Parts and consumables	Working capital	Day-to-day buying

About oilfield trucking

Hauling work in the field means diesel, tires, repairs and driver pay on a weekly rhythm. We describe the cash-flow reality and do not promise funding for any specific trucking business.

Cycles and how to size for them

Anyone who has worked in the basin knows that activity moves. When it is strong, equipment is booked and payments feel small. When it softens, the same payments feel large. Sizing a purchase for a normal year, rather than the best year, is the discipline that keeps a service company in business through both. For illustration only: if a $100,000 unit would be paid for by working fifty percent of the time, ask whether it would still be booked half the time during a slow quarter. If the honest answer is no, buy smaller or wait.

The funding facts

The application takes about five minutes and uses a soft credit pull. Amounts run from $25,000 to $5,000,000, and funding can arrive in as little as 24 hours. Sole proprietors can apply.