Capital Foundry Funding (CFF) closed the financing of a $5 million revolving line of credit for a Pittsburgh-based energy services company. The financing will help the company continue to grow and scale its operations.

CFF, the alternative-lending division of Capital Foundry, now has nearly $10 million under management and a pipeline of nearly $50 million in review.

The company supports U.S. onshore drilling related needs of oil and gas companies by providing trucking and logistics services including energy related water transportation, saltwater disposal, traffic management and material distribution. The financing will provide the company with the capital to grow and scale its business, sign on new customers and improve its financial efficiency.

Capital Foundry is the parent company of CFF, established in early 2016 to provide financing and other resources to middle-market companies seeking nontraditional sources of capital.