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US Capital Partners Provides $22 Million for Oilfield Services Firm

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					US Capital Partners Provides $22 Million for Oilfield Services Firm

US Capital Partners, LLC has structured and provided expansive financing
for a growing oilfield services business to support a management buyout
and provide working capital for growth.

San Francisco, CA, January 30, 2013 -- US Capital Partners, LLC has
provided $22 million in financing for a fast-growing US firm in the
oilfield services sector (the “Company”), headquartered in Oklahoma. US
Capital Partners is a private investment bank that makes direct debt
investments, participates in debt facilities, and arranges equity
placements for small to lower middle market companies.

“We are delighted to have supported this fast-growing business in the
energy industry,” said Jeffrey Sweeney, CEO and Managing Director at US
Capital Partners. “The Company approached US Capital Partners on account
of our flexibility and ability to structure complex transactions in a
short window of time. On the basis of an audit and appraisal we ordered,
we were able to structure a $5 million accounts receivable line of
credit, a $5 million bridge term loan, and a $12 million machinery and
equipment term loan for the Company.”

“US Capital Partners looks at every aspect of a business to design
optimal and custom financing solutions for all its clients,” said Charles
Towle, Director at US Capital Partners. “In this case, we created a full
credit package shortly after engagement, and negotiated with the
Company’s current lender to increase availability on its existing line of
credit. Working within existing covenants, we structured and provided an
expansive financing package for the Company, which was executed on by the
client.”

About the Company:
Based in Oklahoma, the Company is an oilfield services firm that provides
work-overs and construction for oil and gas wells, completions, acid
services roustabouts, equipment transportation services, and water
services. The Company, which operates in multiple locations in the US,
has monthly sales in excess of $3.5 million and employs hundreds of
talented workers dedicated to the Company’s goal of being the best
service business in the industry.

About US Capital Partners, LLC:
Since 1998, US Capital Partners (www.uscapitalpartners.net) has been
providing prompt, innovative, and reliable financing solutions including
lending, equity financing, and debt re-structuring to businesses across
the United States and abroad. US Capital Partners is a private investment
bank, direct lender, co-lender, and lead financial arranger that
specializes in asset-based debt for small to middle market private and
public companies. The company’s innovative approach allows it to provide
the best financing available, not only for companies in excellent
financial condition, but also for companies that may have been refused
credit by traditional lenders.
If you would like to know more about how your business can secure the
funding it needs, email Jeffrey Sweeney, CEO and Managing Director, at
jsweeney@uscapitalpartners.net or call (415) 889-1010.

Contact:
Hilary Adams
US Capital Partners, LLC
555 Montgomery Street
Suite 1501
San Francisco, CA 94111
415-889-1010
james@englishwordfactory.com
http://www.uscapitalpartners.net

				
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Description: US Capital Partners, LLC has structured and provided expansive financing for a growing oilfield services business to support a management buyout and provide working capital for growth.