Fixing COVID cash flow challenges
We helped this oilfield torque and test company grow through an increased line of credit and equipment financing. Read on to see how Catalyst helped this oil and gas company throughout COVID-19.
Oil and Gas
We worked with the bank to structure a different kind of payment plan.
A young fabrication company hit a rough-spot when the oil and gas market began to decline in 2015. They maxed out their line of credit with the bank and were upside-down in their payments. The borrower needed more working capital, but the bank couldn’t extend them anymore.
An established oil & gas company needed funding to operate during an industry downturn.
“Catalyst helped me with a customer in desperate need due to their current factoring company stopping their service very suddenly. Catalyst acted quickly and professionally. They worked with me and the customer to get them back to work. It was an easy process, and they are always there to answer any questions the bank or the customer might have.”
– Bank Partner
Factoring for Oilfield Service Company
This company was established because of the increased demand for welding and fabrication to service the fracking fleets in West Texas for the oil & gas industry. Catalyst helped fund their explosive growth.
Our funding helped Jaguar Fueling get to the next level in their business.
When Jaguar Fueling’s funding was impacted by Hurricane Harvey, Catalyst helped meet their cashflow needs and got them back to bank financing.
“I would totally recommend Catalyst. They have competitive rates and are large enough to service you but small enough to know you and help you grow.” – Amber Isaacks, Vice President, Jaguar Fueling
A new company needed funding to bring their vision to life.
As a new company with a great idea, Arion was introduced to factoring as a way to solve their cash flow challenges while preserving equity.
“Catalyst Financial has made the process and subsequent accounting seamless. They are experts in this field and work with you to ensure timeliness, accuracy, and completeness. Catalyst is very responsive and conducts their business exactly as promised.” – Elaine Lisenbe, Chief Financial Officer