Lines of credit for Oil & Gas
and all other commercial endeavors


Pacific National Capital provides corporate lending solutions including secured and unsecured commercial lines of credit, large credit facilities, revolving lines of credit, bridge facilities, asset based facilities and factoring financing, for oil and gas companies and many other commercial industries.

Our commercial business lines of credit will give your business access to funds when you need it, up to a pre-specified amount. The main advantage of a commercial business line of credit is flexibility. Funds are always available when you need them and you pay no interest until you draw on the line which makes it great for emergencies. The line can be secured or unsecured, with multiple repayment options and loan amounts starting from $5 million with no upper limit. For large credit facilities in the hundreds of millions we can structure club or syndicated credit facilities with no upper limit.

Commercial Lines of Credit are great for a variety of ongoing or short-term financing needs, such as improving cash flow, acquiring working capital, purchasing inventory, real estate, materials, or equipment, and financing accounts receivable.




Pacific National Capital 's Daily Oil & Gas News

Fugro Implements Painful Measures
Fugro revealed Monday that it is minimizing the hire of short-term charters and implementing a hiring and salary freeze and measures to reduce its workforce.

Trump Doesn't Expect to Impose Tariffs on Oil Imports
President Donald Trump said he doesn't think he'll have to impose tariffs on imported oil to blunt the impact of a price war between Russia and Saudi Arabia.

Petrofac Cutting Salaries and Staff
Petrofac Limited announced Monday that it is taking decisive actions to improve its cost competitiveness and protect the long-term health of its business.

Is a US-Saudi-Russia Production Cut Viable?
It's not impossible, but it does remain unlikely, according to Fitch Solutions Country Risk and Industry Research.

Oil Pares Losses as Investors Weigh Chance of Truce
Oil pared earlier losses amid signs Saudi Arabia and Russia are making progress on an agreement to curb crude output as the coronavirus wreaks havoc on the global economy.

Output Cuts and Storage Scarcity Could Drive Oil Market This Week
Oil market-watchers weigh in on trends to look for this week.

Oil Leaps on Potential Global Output Cuts
Oil posted a record weekly jump on hopes that global producers will decide to make historic output cuts next week.

US Rig Count Drops by 64 From Previous Week
The Permian Basin lost 31 rigs during the period.

Liberty Oilfield Services Makes Staff, Salary Cuts
Company officers have agreed to a base salary cut of 30 percent, higher than the previously announced 20 percent.

Bankrupt Alta Mesa Accepts Lower Bid With $220MM Sale
The buyer requested the discount because "a perfect storm of factors" had recently reduced the value of Alta Mesa's assets.





















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