nFusion Capital, a provider of financing solutions to small and middle-market businesses, provided a $5 million asset-based lending facility to KOIL Energy, a Houston-based specialist in deepwater energy production and distribution equipment and services. The facility strengthens KOIL Energy’s liquidity position and supports its international expansion strategy, including the growth of its rental equipment fleet.
The new financing marks an important milestone in KOIL Energy’s growth trajectory and reflects the company’s strengthening financial position and readiness to scale operations to meet expanding international opportunities.
KOIL was referred to nFusion Capital by a banking partner based on nFusion’s deep experience in the oilfield services sector. Greg Dyson, senior vice president of business development at nFusion Capital, structured a flexible facility tailored to KOIL’s working capital requirements and helped the company secure credit insurance to support international receivables.
“It was a privilege to support this client in securing the right financing structure to fuel their next stage of growth,” Dyson said. “Subsea energy services require specialized equipment, global reach and the ability to scale quickly, and our role was to make sure they had a funding partner who understood that complexity. At nFusion Capital, we take pride in helping strong companies access the capital they need to expand with confidence and stay ahead in a demanding industry.”
The asset-based lending facility provides KOIL Energy with enhanced liquidity and financial flexibility to support day-to-day working capital needs, expand its rental equipment fleet and retire its previous commercial bank factoring arrangement. With a stronger capital structure in place, the company is well-positioned to accelerate its global growth strategy and further strengthen its competitive position in the subsea energy services market.
“This new facility with nFusion provides flexible capital to support the continued expansion of our high-margin rental equipment offering, which we believe will be an important driver of KOIL’s long-term growth,” Kurt Keller, chief financial officer of KOIL, said. “Importantly, the facility also provides us with additional liquidity and financial flexibility as we continue to scale the business.”
