Daily News: August 15, 2017

Siena Lending Group Closes $10MM Revolver for Integrity Delaware

Siena Lending Group completed a three-year $10 million asset-based revolving credit facility for Integrity Delaware, dba Integrity Industries, to provide additional working capital for the business as the company ramps back up and expands to meet the rising tide in the oilfield.

Headquartered in Kingsville, TX, Integrity is a manufacturer of high-quality drilling fluid products and oilfield specialty chemicals, including oil based mud, fracking chemicals and lubricants.

Max Duncan, CEO of Integrity Delaware, said, “We are excited to partner with Siena as a vehicle to support our growing business. They were willing to help us when conventional banks wouldn’t and for that, we are thankful to Siena.”