In the next 5-10 years, Texas oilfield services companies may very well change dynamics and politics of oil and gas. Thousands of small and mid-sized oilfield services companies are growing because of the oil and gas boom currently taking place in Texas. Oilfield drilling companies, oilfield services and supply companies, material suppliers, caterers, land clearing [...]
Texas Oilfield Services Companies are Changing Global Oil and Gas Economics
May 26, 2013 By 1 Comment
Unscrupulous Invoice Factoring Companies – How to Avoid Them
May 8, 2013 By Leave a Comment
Though most commercial invoice factoring companies are good legitimate companies, there are a few unscrupulous companies that give the industry a bad name. Over the last 5 years Sam Thacker has written about a few of them. A week or two ago, our staff found another one based in Southern California that “pre-filed” their UCC-1 financing statement against a [...]
Small Asset-based Lenders Part 1 of 2
March 31, 2013 By Leave a Comment
There have been a number of small asset-based lenders enter the commercial finance market since 2007. Asset-based lenders loan against inventory and accounts receivable and sometimes other assets. In a column written for AllBusiness.com Experts Sam discusses what kind of companies fit the small asset-based lender. If your business needs to finance raw materials inventory, finished [...]
Borrowing Outlook for Small Business Owners for 2013
March 26, 2013 By Leave a Comment
In January 2013 I gave a presentation to a group of 40 business owners about the outlook for borrowing in 2013. My Advice: Don’t bother with ”Mega” banks. They just aren’t loaning to small businesses that aren’t insanely profitable and cash heavy. Commercial leasing companies want two years of good operating history before they will consider [...]
Gonzales, Dewit, and Karnes Counties of Texas to Benefit from $28 Billion in 2013
January 31, 2013 By 2 Comments
The Eagle Ford Shale play in South Texas covers a span of 23 counties of San Antonio. Discovered in 2008, the area has already produced staggering volumes of oil, and liquid gas. There are very large untapped resources of dry gas that is not yet economical to extract. Here are some statistics that about the [...]
Alaskan Cod Fishing Season – Processor Financing Available
January 4, 2013 By 1 Comment
January 4 2013 – Alaskan Pacific Cod season about to be in full swing The 2013 Alaskan Pacific Cod Season looks to be a mixed bag. Fisheries look promising but product price is down. If you are a United States based frozen fish or seafood processor, importer, or exporter of frozen Cod or other seafood [...]
Multi-asset financing for hydraulic fracturing material suppliers in the Eagle Ford Shale play
August 20, 2012 By 3 Comments
Once or twice a year I have a financing project that just seems to all fit in place quickly. Many non-traditional lenders are eager to do business with companies providing services and materials to the Eagle Ford Shale Oil and Gas play in South Texas Non-traditional lenders, like purchase order financing companies, asset-based lenders, equipment [...]