Dynamic Capital Equipment Finance funded a $5 million term loan through the utilization of its own in-house financing for Crude Master Transport.

In late March, Crude Master acquired all shares and assets of Excel Oil and Water Hauling. By leveraging Excel’s assets as well as Crude Master’s, Dynamic Capital was able to fund 100% of the financing in-house. This was made possible by significant equity in Crude Master’s fleet.

“We are a private, independent Canadian-based equipment finance company with a direct lending portfolio approaching $200 million and a total of $400 million in assets under management,” Dustin White, CEO of Dynamic Capital Equipment Finance, said. “With the support of a diverse range of committed funding facilities, we are growing and supporting Canadian entrepreneurs across Canada in a broad range of heavy industries. Our direct, vendor, TPO, structured and fleet platforms provide capex, M&A, working capital and debt restructuring options for great companies like Crude Master daily.”

“We have trusted Dynamic Capital with our financing needs for about five years now. The speed, service, communication and work ethic to get deals done is why we continue to partner with Dynamic,” Heath MacDonald, owner of Crude Master, said. “We are proud of our recent purchase of Excel Oil & Water Hauling Ltd. Since 2012, the team at Excel has grown an exceptionally strong business, and together we look forward to serving our community and beyond. We are excited for the future.”