CG Commercial Finance completed a lease transaction totaling $25 million comprised of three Frac-Pump Spreads, which will provide additional liquidity for the lessee, a Texas-based oilfield services provider.

CGCF provided competitive pricing and the required credit capacity despite the lessee’s rapidly changing credit profile resulting from depressed oil prices. Additionally, CGCF’s capital markets capability provided an additional $25 million credit approval further improving the lessee’s liquidity position.

CGCF’s due diligence and portfolio capabilities have proven essential for many companies operating within the Energy Sector to obtain the necessary liquidity, structure and flexibility to continue to operate in a down commodities cycle.

“As banks withdraw from a variety of industry sectors, CGCF continues to selectively work with best in class companies and management teams in out of favor industries to provide needed liquidity via equipment financing,” said W. Scott McCullum, president of CG Commercial Finance. “While banks chase investment grade business in favored industries, CGCF focuses on providing value to middle market companies. We work hard and make the extra effort to comprehend complex macro-economic conditions, intimately understand the businesses for which we are funding and successfully structure transactions to mitigate credit, industry and collateral risk.”

CG Commercial Finance is a domestic and international financier of equipment and industrial projects related to the growth, expansion and efficiency initiatives of large corporations.