Newport Beach, CA – Sertant Capital completed five transactions totaling $5.1MM in December 2020.
- $1.9MM for processing equipment and yellow iron for a major processor and distributor of frac sand
- $1.8MM for manufacturing equipment for a Texas company serving oil field production facilities
- $791K for the acquisition of titled vehicles by an energy services company
- $361K for the re-finance of processing equipment for a sand mine and processing center located in Kansas
- $247K for the acquisition of various medical equipment by a regional hospital located in Missouri
For each transaction, Sertant Capital deployed its extensive institutional funding capabilities to access the required capital. Sertant was able to meet the requirements outlined by each client and offer terms and flexible structures to address the unique cash flow circumstances for each company. All transactions were processed in a swift and timely manner to ensure the capital was delivered when needed by each client. The completion of these transactions underscored Sertant’s breadth and depth of commercial financing expertise and capital market relationships.
About Sertant Capital:
Sertant Capital is an independent commercial finance company based in Newport Beach, California that delivers a comprehensive suite of equipment financing solutions to companies throughout the United States. With deep industry expertise and an extensive market network, Sertant Capital offers customized equipment financing to businesses of all sizes, for a variety of equipment and a diverse range of credit profiles. Learn more at www.sertantcapital.com