Baker Garrington provided a $1 million factoring facility for a growing oilfield services company out of Dickinson, North Dakota.
The company was looking for a better way to keep up with increasing demand and the pace of new opportunities coming in. As operations expanded, so did the need for consistent cash flow to support crews, equipment and ongoing projects.
A $1 million facility was put in place to help bring stability to the day to day while allowing the company to stay focused on growth.
