Equify Financial funded a $5 million diminishing revolver for a Colorado‑based technology company specializing in patented frac‑sand storage and handling systems. The facility supports working capital needs and reimbursement of recently constructed units. The transaction is secured by all seven systems and structured on a 48‑month amortization with fixed monthly principal and interest, supported by a blanket first‑position lien.
“Our team has a deep understanding of sand‑logistics equipment and the capital requirements tied to this segment of oilfield operations,” Pat Hoiby, CEO of Equify Financial, said. “This transaction reflects Equify’s continued discipline in underwriting specialized collateral while supporting operators driving meaningful innovation in the supply chain.”
