Capital Ideas: The Oil & Gas Capital Access Program
When economic winds blew against the industry and banks pulled back, an oilfield services provider was able to secure capital for mission-critical equipment to revenue opportunities they were needed most. With highly competitive rates, the ability to contain multiple finance structures, no covenants, and a pre-approved facility for future needs, the program increased access to […]
After Two Years of High Demand, Private Jet Charters Are Coming Back Down to Earth
With charters down 23 percent in a year-over-year period, one analyst believes the newcomers who created record demand—and havoc—over the past two years are returning to the commercial airlines. One analyst monitoring private aviation thinks that the newcomers who rushed in during Covid may be migrating back to commercial airlines. Read the full article here Beyond […]
Buying a Jet for Charter Revenue
Two people had recently asked me about buying a private jet. Neither of them had owned one before but they had both been given a similar pitch. In each case, the broad offer was: buy a plane, take 100% depreciation, charter it out and have 30-40 hours of free use. So, here’s a look at […]
U.S. private jet buyers seek distressed planes in early sign of turbulence
Some U.S. business jet buyers are looking for new aircraft whose current owners are having trouble making payments ahead of delivery, in a possible sign of early cracks in what has been a soaring market up to now. From preowned planes selling more gradually to flattening business jet traffic, demand is beginning to moderate, aviation […]
The Data Center Credit Facility
Decentralized data centers became necessary for a rapidly expanding firm that needed to support a world gone to remote work and technology requirements increasingly spread across the country. Separate from and complementary to their bank relationship, the company established a Data Center Credit Facility allowing them to reimagine their tech stack for a “subscription-like” experience […]
The Enterprise Software Funding Program
A company with an unorganized stack of technology applications and disconnected manual processes was struggling to manage orders, inventories and serving customers in the face of severe labor shortages. ERP was the answer, but sticker shock was the reaction. The Enterprise Software Funding Program enables them to take a whiteboard approach to their technology needs. […]
Big Oil To Spend Big In 2023. Are You?
U.S. oil majors are significantly increasing capex in 2023. Higher cash flow and a positive earnings outlook give executives more space to increase capex budgets. The majority of energy companies have avoided spending big to expand production in the aftermath of the 2020 oil crisis. The majority of energy companies have avoided spending big […]
A New Type Of Oil And Gas Funding Is Booming
Oil and gas producers are diversifying their funding sources. Energy asset securitization is a new type of funding that is quickly gaining in popularity. Oil and gas securitization offerings could be beneficial to both investors and producers, Daniel Allison, energy finance partner with law firm Sidley Austin LLP, said. As banks have pulled back […]
Banks Exiting O&G in Favor Of ESG Agendas?
A host of U.S. states have targeted financial services majors for their ESG agenda which has effectively put them on a collision course with the oil and gas industry. Texas was the first to threaten the financial industry to pull out its money if it continues shunning oil and gas. More states are now taking […]
Capital Ideas: The Supply Chain Hedge
A company with large rental expenses in the face of supply chain challenges needed a way to quickly act on rental purchase options to support growth while maintaining their monthly cash outflows in line with their long-term CapEx investment strategy. An equipment line of credit with multiple finance structures depending on the useful life of […]